School Bus
Leasing & Financing

We provide tax-exempt school bus leasing or school bus financing for new or used school buses.

Public Elementary Schools, Middle Schools, High Schools, School Districts, Technical Schools, Pre Schools, State Colleges & Universities are constantly faced with a limited budget, especially in this economy.

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

Benefits of Municipal Leasing:

• Non-Appropriation Clause: built into our lease agreement.
• Low Fixed Rates: tax-exempt interest rates.
• Finance Amounts: $50,000 to $20 Million.
• 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 - School Bus Leasing & Financing

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