Municipal Lease and Rental Programs
Equipment Financing for City, County, State, and Federal Customers
Municipal equipment leasing is an essential solution for local governments seeking to manage their budgets effectively.
Why consider municipal equipment leasing?
Leasing enables municipalities to enhance their cash flow by spreading the cost of equipment over several fiscal periods. This allows both current and future taxpayers to share the financial burden, effectively stretching tax dollars further. Moreover, leasing offers protection against inflation; equipment acquired at today’s prices can be managed within future budgets that may ultimately hold less value.
- Low cost, fixed rate financing
- Non appropriation clause
- No hidden fees or costs
- You control your bid process
- Flexible lease programs
- No prepayment penalty
Who qualifies?
Public Schools & Universities; City, State, and Local Government Entities; Municipal Golf Courses and Parks & Rec
Qualifications for tax-exempt municipal leases:
- A passage of title to lessee
- A bargain purchase option ($1)
- A breakout of principal and interest
- The equipment being financing is for public use
- Lessee qualifies under section 103 of the Internal Revenue Code of 1986
Advantages for Golf & Sports Turf
Reduced Maintenance Costs
Your leased equipment will be under warranty
Potential Tax Benefits
When equipment acquisition is part of your operating budget, you could qualify for tax benefits. Consult your tax advisor.
Flexible Payments Schedule
Choose your payment date and opt for direct payments.
