Equipment Finance Agreement (EFA)

What is it?

DirectLenderMatch classifies Equipment Finance Agreement (EFA) under the financing form “Equipment financing agreement.” Its typical use in this directory is: Finance equipment with ownership structure distinct from lease.

How does it work?

The structure is generally evaluated, supported, or secured using the following basis: Financed equipment. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.

What can it be used for?

Finance equipment with ownership structure distinct from lease.

What backs or supports it?

Financed equipment.

Why does this structure exist?

This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.

Important considerations

Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.

Is this actually a loan?

Loan or credit structure

Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.

Verified lenders or providers

Direct equipment finance provider

Crest Capital

Crest Capital currently offers Equipment Finance Agreements (EFAs), described as fixed-rate financing with ownership by the borrower.

Official evidence page →

Last verified: 2026-08-23

Direct equipment finance provider

First Citizens / Sixty-First Commercial Finance

First Citizens currently documents equipment loans, tax leases, structured equipment lending and progress-payment construction financing.

Official evidence page →

Last verified: 2026-08-23