Lease/Purchase financing is designed to supplement rather than replace bond financing. School districts, county and state governments, and municipal entities need to provide quality services to their constituents with limited budget dollars. These organizations have ongoing and ever-growing equipment needs.

Advantages:

No Debt Created

- Voter approval generally isn't needed for tax-exempt leasing, which provides a more efficient funding process at competitive rates.

Matching Cost with Revenue

- Tax-exempt leasing means you can spread equipment costs over the lease retaining cash reserves for other projects.

Flexibility

- We'll build a customized lease structure to suit your unique timetable and requirements, including monthly, quarterly, or annual payment options to match the economic life of the equipment.

No Cash Down Payment

- 100% financing means your lease agreement can include not just equipment but also professional services, software, and more.

Quick Turnaround

- Get the technology you need immediately, without waiting for bond issue results or future capital budget approvals, and pay for it as it's used - not before.

Operating Leases

- With tax-exempt leasing, a non-appropriation clause means you can terminate at the end of a fiscal year if funds aren't approved by your governing body despite your best efforts to obtain continued funding. The lease payments come out of your appropriated operating budget and not your capital budget.

What Can Be Financed:

Please call us for a quote.