Public Sector Leasing

Many cities, counties, schools, municipal ambulance companies, fire districts and volunteer fire departments are faced with the pressure that occurs when demands for their services outpace their financial resources. To cope with this problem, many political subdivisions are now turning to this financial alternative that has long been recognized as a source of funding for large capital expenditures. Unlike captive lending programs, we finance both new and used equipment, from virtually any manufacturer or supplier.

Lease purchase financing allows municipalities to purchase property and equipment through installment lease payments, which can be made monthly, quarterly, semi-annually, or annually. As payments are made, the municipality — which maintains ownership of the equipment — builds equity in its investment.

For municipalities, our lease-purchase agreement is a year-to-year commitment to make lease payments, not a commitment to pay debt. Because our lease-purchase agreement contains a non-appropriation or “funding-out clause,” in most states, no voter approval is necessary to enter into the agreement.


Here are some of the main reasons that lease-financing is an excellent solution for the acquisition of software and equipment that public sector entities must have in order to function effectively:


  • No large, up-front cash outlays
  • Competitive interest rates
  • Avoids price increases by locking in purchase price
  • Eliminates cost of maintaining worn-out equipment
  • Only current year’s lease payment is included in operating budget for municipalities
  • Frees up capital for other needs



  • Straightforward documentation
  • Voter approval is not necessary in most states
  • No hidden fees or closing costs
  • Fast credit approval
  • Quick document processing and funding
  • Not considered debt
  • Simple Funding Program for $5,000 to $300,000 leases


Here are some of the things that can be lease-financed through our programs:

Call or contact us now to discuss your specific situation: (800) 422-8328

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