M&T Capital and Leasing Corporation, a subsidiary of M&T Bank, is a nationally ranked, top-20 equipment finance company headquartered in Bridgeport, CT. The Company was started in 1997 and is formerly known as People’s Capital & Leasing Corp. M&T Bank acquired People’s United Bank in 2022, requiring the name change. The Company provides financing for many industries, including Transportation, Healthcare, Marine, and Aircraft (just to name a few), and typically focus on transactions greater than $250,000. The Transportation and Construction financing group covers the entire United States. It has a variety of programs to help customers get the financing they need, including term loans, finance/capital leases, Synthetic leases, TRAC, split Trac, and operating leases. The equipment can be purchased new or used, titled or untitled, and have the ability to refinance existing loans.