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Municipal Leases are transactions.
Municipal Leases are transactions, which have flexible and efficient
forms of tax-exempt
options that are available for state and local governments. With the
fluctuations
in the economy, and forced budget cuts many state and local governments
must make
it is difficult for them to afford the equipment they need to run
efficiently.
Municipal leases are only available to state and local governments,
which meet the
basic provisions in the Internal Revenue Code 103 section a. This
includes local
governments with one or more of the following: police force, power to
tax, or power
of eminent domain.
The flexibility of the municipal leasing offers several advantages:
1. Municipal Leasing can be used to finance a wide range of equipment
needs.
2. It permits the municipality to acquire the needed equipment when
needed.
3. It preserves established budgets, permits cash to be kept available
for emergency
and operational expenses.
4. Municipal leasing makes it possible to obtain the necessary equipment
at once,
avoiding any future price increases or lack of availability.
5. The municipality does not have to worry about the obsolete equipment
or the high
costs of maintenance. Unnecessary or nonworking equipment can be
returned.
6. Currently tax-exempt rates are low.
Machinery guides and
resources
Contacting us and disclaimers ::
Construction Equipment ::
Equipment Financing ::
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