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.

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What's Included in a Funding Plan

Establishes Goals & Needs

Clearly define your project goals and needs, including an analysis of current revenues, expenses, designated reserves and borrowing eligbility and capacity.

Define Funding Sources

Our expert consultants will recommend the best funding sources for your project and detail options of funding sources for your board/council to approve.

Set Funding Schedule

The funding plan will not only detail funding sources for your project, but will also set forth a funding schedule for segment of your project timeline.