FAQ's About Municipal Financing
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Q. Who qualifies for a municipal lease?
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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.
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Q. What kind of equipment can be leased?
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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.
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Q. How do municipal leases work?
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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.
