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Lending & Leasing

Municipal Leasing

Build equity while funding immediate needs.

Our knowledgeable and experienced specialists will help you select the proper lease plan and lease-end option to improve your cash flow and boost your bottom line.

  • 100% fixed-rate financing – Fixed rates let you protect your budget and accurately manage cash needs.
  • Fund immediate needs – Don't wait for next year's budget cycle. Get the equipment you need today.
  • Tax benefits – As a qualified state and local municipality, you'll benefit from low tax exempt interest rates.
  • Increased operating capital – Keep your cash reserves and avoid tying up valuable cash in equity.
  • Customized payment plans – We'll help you create a payment plan that fits your business needs.
  • Asset ownership – You steadily build equity in the asset and maintain ownership over the life of the lease and thereafter.
  • Fee savings – Avoid legal or underwriting fees that you typically incur on a bond issue.

Municipal leases can be made to the following:

  • States
  • Counties
  • Cities
  • Towns, townships
  • Police departments
  • Hospitals
  • EMS departments
  • School districts
  • Sewer districts
  • Water districts
  • Fire districts
  • State universities

Example lease items

  • Emergency vehicles (fire trucks, police vehicles, ambulances)
  • Energy management systems (HVAC systems, water treatment plants)
  • School buses
  • Medical equipment

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