Tax-Exempt Lease-Purchase Financing
Lease purchase financing for governmental entities is generally structured as an installment loan. After the equipment is selected, the purchase price is negotiated and the financing term is established. Terms generally range from two to ten years depending on the equipment's useful life and your budget requirements. Generally, prepayment of the financing can be made on any payment date. You own the equipment free and clear upon completion of all payments (or prepayment).

Master Lease Financing
Lease purchase financing also can accommodate multiple equipment acquisitions over a period of years through the establishment of a master agreement with a governmental entity. This saves time and money by eliminating numerous bid and financing documents.

Technology Refresh Financing
We offer an innovative financing solution for technology equipment acquisitions by governmental entitites. If you want to maintain the latest technology without the requirement with the flexibility to add new equipment as needed, then our Flex Tech product may be right for you. Flex Tech allows you to choose the equipment and vendor(s) that best suit your needs, offers flexible payment terms, and the option to replace, return and/or keep the equipment at the end of the lease term. Best of all, the interest rates are tax-exempt!

True Lease
If you need equipment today but know: (a) you don't want to own it, (b) want the option to return it, (c) it will need to be updated, or (d) it won't be needed after three years, then a True Lease may be right for you. For certain asset types, we will take ownership and a residual position in the equipment. As a result, your monthly payments may be reduced due to the tax benefits that may be available to us as owner of the equipment. If you decide that you would like to purchase the equipment at the end of the lease term, you have the option to buy it at its fair market value.