Citizens Asset Finance, a division of Citizens Bank, N.A.  Logo

Company Info

One Citizens Bank Way , Mailstop: JCB 450
Johnston, RI 02919

David Miele

Primary Contact

Jennifer Ryan

Alternate Contact
Citizens Asset Finance, a division of Citizens Bank, N.A. is a:
Last Update: 01/25/2023

Core Business Focus

Citizens Asset Finance is one of the top bank lenders / lessors for asset finance in the U.S.

Company Type

Bank

Type of Funding Source/Buyer

Lender, Investor, Agent, Packager

Annual Volume Funded

250-500 Million

Credit Criteria

  • Investment Grade
  • Near Investment Grade
  • Middle Market
  • Lower Middle Market
  • HLT

Transaction Size

Highest

Average

Lowest

$250,000,000.00

$7,500,000.00

$1,000,000.00

Lease Terms

Longest

Average

Shortest

180

60

12

Lease Structures

  • Conditional Sale / Money-Over-Money
  • Debt
  • Operating Lease
  • Real Estate
  • Sale / Leaseback
  • TRAC

Originates Paper?

Yes

Syndicates/Sells Paper?

Yes - Syndicate and sell paper originated by CAF

Equipment Types We WILL Finance

  • Agricultural
  • Automobile
  • Aircraft
  • Broadcast / Video
  • Buses
  • Cable / Communications
  • Construction
  • Emergency Vehicles
  • Furniture / Fixtures
  • Gaming
  • Graphic Arts
  • Intermodal
  • Laundry / Drycleaning
  • Machine Tool
  • Marine
  • Material Handling
  • Medical
  • Mining
  • Project Finance
  • Rail
  • Recreation / Fitness
  • Recycling
  • Renewable Energy
  • Restaurant
  • Software
  • Technology
  • Trucks and Trailers
  • Utility
  • Waste Removal

Equipment Types We WILL NOT Finance

  • Modular Buildings
  • Oil and Gas
  • Packaging / Plastics
  • Retail

Our Company is a(n):

Asset-Based and Credit Lender

Accepts Soft Assets?

Yes - with appropriate rates & credit histories.

ELFA Business Councils

Bank

Start of the Fiscal Year

January