Why Lease
Flexibility in Lease Terms
Most departments do annual payments, but we have available monthly, quarterly and semi-annually. We can also do payment deferrals on a case by case basis.
No Prepayment fees
If you choose to pay off your vehicle early, there will be no penalty for early buy-outs.
Non-Appropriation Clause
This specifies that the lease may be terminated in the event funds are not available in subsequent fiscal years.
Ownership Plan
A Municipal Leasing can be a 3, 4, or 5 year program. After completing the payment schedule, you will own the equipment.
Vendors
You may use multiple vendors to furnish equipment under a single lease agreement.
Low Interest Rates
Municipal Agencies can obtain interest rates at a lower rate than commercial financing. This puts money in your pocket.
No Bonds Needed
Skip the lengthy and expensive process of issuing bonds for needed equipment.
