Municipal equipment leasing is a tax exempt business financing
Municipal equipment leasing is for:
- State governments and agencies
- County governments and agencies
- City governments and agencies
- Other public entities funded by state and local taxes
Municipal equipment leasing is best used when government agencies need:
- To purchase equipment and there isn’t room in the current budget
- To make an equipment purchase that is too small to justify a bond issue
- To purchase equipment but its useful life doesn’t justify long term financing
- To purchase equipment but, whether for timing or debt limitations, cannot fund the purchase