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Municipal Lease Financing

   

State, county, city agencies and other political subdivisions may qualify for a "tax exempt lease" more commonly known as a Municipal Lease.  At the end of the agreement the agency owns the asset.

 

A key element of a Municipal Lease is the "non-appropriation clause" that permits the termination of the agreement if funds are not available for payments.

   

 

    

 

 

     

Municipal Leases are used to finance a wide range of emergency and non-emergency vehicles and other equipment. The procedure is fast and easy.

  
Cash Flow Considerations
  • Option: Monthly payments in advance or arrears
  • Option: Quarterly payments in advance or arrears
  • Option: Semi-annual payments in advance or arrears
  • Option: Annual payments in advance or arrears
  
Here's what the government agency does:
  • Choose the vehicle/equipment and vendor
  • Negotiate the best price
 
Here's what we do:
  • We'll provide a financing proposal for your review and acceptance
  • We'll arrange a credit line for the purchase and pay the vendor

                        
                       For more information contact us:

                                Tel:  1.800.531.3067
                            E-mail:  info@bizfleet.com