FAQ's About Municipal Financing

Q. Who qualifies for a municipal lease?
A. The governments of states, counties, cities, towns, villages, and boroughs as well as fire departments, police departments, water authorities, school districts, state universities, and county & state hospitals.
Q. What kind of equipment can be leased?
A. Virtually any essential equipment needed and used by a political entity including computers, photocopiers, office equipment & furniture, telephone systems, fire & safety equipment, medical equipment, printing equipment, airport equipment, and vehicles.
Q. How do municipal leases work?
A. Municipal lease agreements are basically structured as installment sales contracts. Lease terms can vary from two to ten years and payments may be made monthly, quarterly, semiannually or annually.