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Municipal
Leasing
One of the ways a municipality can fund equipment acquisitions and
infrastructure projects is by using the tax-exempt leasing options.
This is different than bonds in a
couple of primary ways. One, there is no need to get a special vote or
referendum on the ballot for the voters to elect to issues bonds, for which they
guarantee and pay. Two, lease agreements are not considered as debt.
At Municipal-Funding, we get the lowest
possible government tax-exempt lease rates (usually less than 5%) and we only charge a
minimal fee compared to others who may promote simplicity, but charge 9.75%
interest and fees. Their process is no simpler than ours and their rates
are by no means deals.
With our low-interest loans and
government
tax-exempt leasing programs, we have the lowest rates and easiest terms of
anybody. Our interest rates are generally 1/2 of what others are charging,
our applications processes are easier, and we give you faster approvals.
Some of the items a municipality can finance through tax-exempt leasing
includes:
- vehicles,
- fire trucks,
- ambulances,
- police cars
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- computers,
- copiers,
- office furniture,
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- site acquisitions,
- water treatment plants,
- water lines,
- sewer projects,
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- administrative buildings,
- modular buildings,
- HVAC, lighting,
- police/fire stations,
- school buildings,
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- telephone systems,
- 911 Communications Centers,
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- streets,
- street signs,
- traffic lights,
- parking meters
- bridges,
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- just about any equipment or
structures needed.
Why Municipal Leasing Equipment
May Be Your Best Option:
You get the apparatus or equipment you need immediately or within a few days,
after the lease agreement has been signed,
You get to acquire the apparatus or equipment now at a lower price, because with
inflation the price will only increase,
You get the apparatus or equipment quickly in an emergency situation and in many
states and municipalities this means doing so, in a state of declared emergency,
without the need to go through a lengthy bid submission or review process,
Lease purchases do not effect debt limitations, as they are not generally
counted as debt, and as we all know, debt to fund balance ratios are necessary
to maintain good bond ratings and in some cases to operate well within what the
law requires,
Tax-Exempt Municipal Leases for VFD/EMS and municipal governments are more affordable at
lower interest rates than issuing bonds, even zero coupon bonds,
Tax exempt municipal leases don't require voter approvals, months to get to the vote, the
cost of adding the item on the ballot, and the political upheavals that
decisions to issue bonds usually causes,
Tax-Exempt municipal leasing generally doesn't require the need for local governments to
raise property or other taxes to meet the obligation,
Tax-Exempt Municipal Leases for VFD/EMS and municipal governments are more affordable at
lower interest rates than other forms of loans or leases,
The interest payments are exempt from federal taxation,
Tax-Exempt
municipal leasing makes it possible for local governments
and other nontaxable entities to benefit from tax deductions normally available
only to the private sector,
You keep your cash for other necessary equipment purchases,
The department or municipality is able to claim the depreciation on the
apparatus and/or equipment, may assist in their tax preparations to show that
they are truly non-profit,
The apparatus or equipment is titled in the name of your department or community
and the lease holder just has a simple first lien holder's position,
You completely own the apparatus and/or equipment at the end of the lease.
You
can't afford to not contact us!
For more information: please visit:
Tax-exempt Lease FAQ:
Contact Us Today, to help you find the financing you need at the lowest
possible rates and the easiest terms available.
Although
this web site may be for sale, we still help you and your municipality to review
your funding options for your municipal projects, we still have all of our
financing resources and we shop around to find you
the best possible deal available. We are looking to sell this web site
only to a bank or lending institution who will continue our profound commitment
to customer service.
REMEMBER, there are NO up front costs or fees required.
Municipal Funding
4162 Halifax Drive
Port Orange, FL 32127
386-492-3123
griffin@municipal-funding.com
OKheir@Municipal-Funding.com
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