FCM Rail a Progress Rail Leasing Company - Full-Service Leasing of Maintenance of Way Equipment

In May of 2010, FCM Rail was acquired by Progress Rail Leasing Corporation, a wholly-owned subsidiary of Progress Rail Services.

Leasing of maintenance of way equipment

FCM Rail is the largest lessor of maintenance of way equipment in North America. We are a full-service leasing firm offering a host of programs and services specifically tailored to meet your exact financial needs.

With more than 50 years of specialised experience in the rail industry and over $150 million in equipment leases, FCM Rail professionals develop customised solutions to fit your current and future needs.

Financial benefits of leasing rail equipment

In a dynamic business environment leasing gives you more flexibility; it helps you keep up with equipment technological advancements, and may even offer significant tax advantages. These advantages include:

• 100% financing
• Lower payments than other types of financing
• Allows for more flexible cash budgeting
• Off balance sheet financing conserves existing credit
• Monthly payments are fixed and thus protected from inflation
• Provides positive cash flow with sale/lease-back programs

Railroad products for lease

FCM Rail lease the following products:

• Railroad equipment
• Ballast regulators
• Tie cranes
• Tie exchangers
• Tampers
• Spike drivers
• Spike pullers
• Kribber adzers
• Ride-on adzers
• Brush kribbers
• Cemented brush kribbers
• Kribber kickers
• Plate sweep
• Rail lifter
• Rail heaters
• Switch under cutter
• Speed swings
• On-track brush cutter
• Brush cutters
• Rail saws
• Push carts
• Jet snow blowers
• Scarifiers
• Power units