Municipal Equipment
Leasing & Financing

We provide municipal equipment leasing & municipal equipment financing for state, county, city and most other municipal government agencies.

A Tax Exempt Municipal Lease Purchase Agreement enables municipalities to maximize its budget by spreading the cost of essential use equipment over the lease term.

In essence, a tax-exempt lease or municipal lease-purchase agreement is a form of an installment purchase agreement, conditional sale or lease with an option to purchase the equipment at the end of term for a nominal value.

Who qualifies for Municipal Lease Financing:

Benefits of Municipal Equipment Leasing:

• Non-Appropriation Clause: built into our lease agreement.
• Finance Amounts: $50,000 to $20 Million.
• Low Fixed Rates: tax-exempt interest rates.
• No Public Debt Created: thus voter approval NOT required.
• 100% Financing: no down payment or security deposit required. Soft costs can be added to the lease agreement.
• Lease Terms: 2-15 years & should match the expected useful life of the equipment.
• Payment Options: monthly, quarterly, semi-annual or annual payments to meet budgetary needs (advance or arrears).
• Improves Cash Flow: spread out the cost of the equipment over the useful life of the asset and tax revenue periods.
• Fund Immediate Needs: compared to bond financing - leasing can be done in a few days without legal or underwriting fees.
• Asset Ownership: build equity in the asset & maintain ownership during the lease and thereafter.
• Pre-Pay Option: purchase the equipment outright anytime after the first year.
• Amortization Schedule: principal & interest breakout provided.
• No Hidden Costs/Fees: we DO NOT pay 'kick backs' to vendors.

Call Today @ 877-389-2468

No Obligation Quotes Available Application - Municipal Equipment Leasing & Financing

Home Page