We provide budget friendly leases for State, City, County and other regional and local municipalities such as school districts, fire and police departments, transportation services, non–profit agencies and any other tax–exempt subdivision.
WHAT IS A MUNICIPAL LEASE?
Municipal leases use special provisions (called non–appropriation clauses) to give government divisions the ability to sign a multiple year lease while only committing funds through the current fiscal year. They feature an attractive tax–exempt interest rate similar to the financing of a municipal bond.
First, we will review the municipal credit. Then the lease agreement is emailed, faxed or expressed to you. Once the lease agreement is completed and returned, the funds are paid to your vendor within one business day of your confirmation. At the end of the lease, you own the equipment with no other costs.