Municipal Financing

A municipal, or tax-exempt lease purchase agreement allows a political subdivision to use annual revenues to make payments for any type of essential use equipment or facilities. This financing method is a popular alternative to purchasing an asset with cash, using an operating lease, or issuing bonds.

 

Benefits of Lease Purchase Financing

  • Not considered debt
  • No voter approval needed (in most states)
  • Quick and simple
  • Flexible payment structure
  • No additional costs

 

Learn More About Lease Purchase Financing

  • Who can use it?
    Generally speaking, any government entity or political subdivision who retains one of the three following characteristics or sovereign powers: the power of eminent domain, police power, or the power to levy taxes can qualify for a municipal lease purchase.
  • What can be financed?
    Lease purchase financing can be used to pay for big-ticket items such as buildings or vehicles, as well as smaller essential purchases such as SCBAs, turnout gear, and air compressors.
  • What is the process?
    Community Leasing Partners makes the process quick and easy with three simple steps - credit application, contract, and closing.

More Questions?

(888) 777-7850

info@clpusa.net


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Get a Quote Within One Business Day

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From our customers

 

"We were extremely satisfied with Community Leasing Partners. Their customer service is second to none and the rates are hard to beat"

Thomas Bicking
President of Charlestown Fire Company, Inc.

 
Fair Housing And Equal Opportunity(888) 777-7850info@clpusa.net
 
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