Public projects move forward with the help of low-cost financing
From new high schools to renovated police stations to efficient snow plows, governmental agencies are responsible for a variety of big-ticket projects and purchases. Towns, counties, school districts and conservation districts can build facilities and acquire equipment - while keeping costs under control - with the help of special funding known as tax-exempt lease purchases.
- 100% financing available
- Low, fixed interest rates on leases up to 20 years
- Flexible payment plans to help public officials meet budgets
- Equipment can be customized and modified
- No mileage, usage, or maintenance reporting required
- No public vote required, as is the case with municipal bonds
- Buyout at any time
- Refinancing options available
- $1 final purchase price
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