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L&D Hub 2026 Q2

FAEF

Created on March 18, 2026

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Transcript

IT Assets

ERP Implementation

Wireless Access Points

Challenge:

Organization:Wholesale Distributor Client Since: 2019 Equipment Financed: ERP System Financing Structure: 42-Month $1 Buyout with Sale Leaseback

A growing distributor needed to replace their legacy AS400 ERP system to support continued growth and respond faster to market demands. However, the upgrade required significant upfront investment, and their bank would only fund part of the project—leaving a gap that threatened to delay the critical transformation.

Solution:

First American structured a custom, tax-efficient solution that funded the full ERP implementation, including soft costs, without diverting capital from other priorities. A sale leaseback reimbursed $3.5MM in vendor payments, helping optimize cash flow during implementation while allowing the organization to complete the project and continue expanding into new markets.

IT Assets

ERP Implementation

Wireless Access Points

Challenge:

Organization:Industrial Distributor Client Since: 2020 Equipment Financed: Laptops, Handheld Scanners, Tablets Financing Structure: Fair Market Value (FMV) Lease

A global distributor of energy and industrial products needed a more strategic way to manage ongoing technology upgrades across the organization. As devices aged quickly, leadership wanted a refresh program that kept employees equipped with current technology while avoiding the costs and inefficiencies associated with outdated equipment.

Solution:

First American implemented a Fair Market Value leasing structure aligned with the useful life of the equipment, supporting assets such as laptops, handheld scanners, and tablets. The program consolidated multiple vendors and locations into a streamlined lease schedule while providing flexible return options—helping the organization maintain access to current technology and manage IT assets more efficiently.

IT Assets

ERP Implementation

Wireless Access Points

Challenge:

Organization:Electrical Distributor Client Since: 2019 Equipment Financed: Wireless Access Points, Network Infrastructure, Zebra Scanners, Installation and Related Services Financing Structure: 60-Month Fixed Buyout Option

A national electrical distributor sought to upgrade wireless connectivity across its branch network to support improved operational efficiency and modern warehouse technology. The initiative required deploying wireless access points across multiple facilities while coordinating installation, infrastructure, and other soft costs across locations.

Solution:

First American structured a financing solution that consolidated equipment, installation, and related soft costs into a single streamlined financing structure—removing complexity and fragmented vendor payments. The program supported wireless upgrades and Zebra scanning equipment across branch locations and existing sites undergoing leasehold improvements, improving connectivity and real-time inventory visibility across their network.