External Link Disclosure

By accessing this link, you will be leaving Mechanics Bank's website and entering a website hosted by another party. Mechanics Bank has no responsibility for or control over the content of that web site and does not attest to the accuracy, privacy, security, or propriety of any information located there. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of Mechanics Bank's website. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of Mechanics Bank.


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Using the "Take Me To" links

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Online Banking's "Take Me To" feature allows you to choose what online banking page you would like navigate to when you sign in. This allows added convenience for you - navigate to a specific area for faster service!

To use the "Take Me To" feature, enter your Access ID. Then from the drop down menu, choose your destination and click "Log In." Once you log in, you will be taken to your chosen page.

The default to the "Take Me To" feature is Account List, which is the Online Banking home page. Other options include: Express Transfer, Primary Account Summary, Stop Payments, User Options, Nicknames, Transaction Search, and Transaction Export.

Where do I enter my password?

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We are changing the way you sign in to Online Banking to better safeguard the privacy and security of your personal information. Previously, you signed in to Online Banking using your Access ID and Password. From now on, you'll also use your Enhanced Online Security feature, which consists of an authentication image and authentication pass phrase. Here's how this new service will work:
  • You'll enter your Access ID and click the Log In button.
  • On the next page, your authentication image will then be displayed. If you recognize your authentication image, you'll know you can safely enter your Password. If you don't recognize your authentication image and pass phrase when you log in, do not enter your password.
  • Your authentication image and pass phrase helps you know for sure that you are at the valid Mechanics Bank website.
NOTE: If you have not yet created your personalized authentication image and pass phrase with our Enhanced Online Security feature, you will be prompted to do so before you can sign in to Online Banking.
 
Equipment Leasing





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Equipment Leasing and Financing


Over 80% of Fortune 500 companies lease equipment despite their strong cash positions. Why? Because, on average, a company earns about 15% on every dollar of working capital retained in the business – so, while cash should be used to increase sales, equipment is best acquired through leasing. A lease enables you to pay for equipment with the profits or savings that it generates. Remember, it’s the use of the equipment – not the ownership – that generates profits!

At Mechanics Bank, we believe that leasing is an important business strategy for any size company. We specialize in helping you to afford the latest in equipment by providing flexible terms to help accommodate any budget. We also believe that the relationship doesn’t stop with the funding of the lease. Our helpful and friendly leasing representatives are here to answer any questions that you may have and walk you through the solution, every step of the way.

Get started by calling (510) 741-3550.

Benefits

  • 100% financing, including delivery and installation charges available to qualified customers
  • Flexible Terms: $1 or 10% purchase amount at termination
  • No financials required up to $100,000
  • Many types of equipment both new & used
  • Preserve Bank lines of credit
  • Fast approval process
  • Possible tax benefits available (consult your tax advisor)
  • Competitive rates

Purchase Options

This is a finance lease. The lessee must purchase the equipment for either $1 or 10% of the cost of the equipment. The 10% option offers the flexibility of lower monthly payments.

Terms

  • Length: 24 to 72 months ($100K+ for 72 months)

  • Rate: Fixed, & varies depending on the program and size of the transaction (call for current rates and payment factors).

Types of Equipment

We finance all types of equipment, including: Production machinery; warehousing equipment; medical/dental equipment; general office equipment; Computers and networking equipment; wine and agricultural equipment; construction; and automotive repair equipment (including commercial vehicles); and much more!

How Easy is the Process?

  • Complete the application (by fax or email)
  • Select the equipment
  • Sign the lease documents
  • Take delivery
  • Vendor is paid

Type of Programs

  • Application Only: $10K – $100K. One page application. No financials, no business plan.
    Same day approvals!
  • Full application: $10K - $500K. Financial data required. Our most aggressive rates.

To discuss your equipment needs and how a lease will benefit you, contact our Equipment Finance Group on 510-741-3550 or email EFG@mechbank.com.

Get Started Today

Fill Out An Application
Call: (510) 741-3550
Fax: (510) 741-7531
Email: EFG@mechbank.com