
Equipment Financing
Finance equipment and save your general fund dollars

Competitive Bidding Leads to Lower Rates
As public agencies are working hard to protect and serve their communities, proper equipment is necessary, but funds are not always readily available. By delaying the purchase, agencies are faced with manufacturer price increases, inflation, and costs of maintaining aging fleets, all of which pose safety, operating, and financial risks in the long run. Most local government entities that have the power of eminent domain, police power, or the power to levy taxes can qualify for tax-exempt equipment lease financing that can also be legally designated as "Bank Qualified," resulting in the lowest interest rates possible.
In addition to qualifying for low-interest rates, municipalities can preserve their cash while acquiring the necessary equipment needed for their day-to-day operation.