To grow your business without significant out of pocket expenses Equipment leasing is an excellent way. It is best alternative to traditional ways of financing. Municipalities are discovering that municipal leasing is a very attractive and viable way to fund new equipment, technology and infrastructure upgrades. It provides a simple methods which improving the state of cash flow by providing services like education, public safety, water ambulance etc .
Leasing can also include the full amount of the equipment, as well as the service, shipping, installation costs in most cases .Unlike a loan, leasing requires no down-payment and can often be completed by filling out a simple single page application. Cost-effective financing option is better than in today's budgetary challenges. Tax-exempt Municipal lease financing is used to help to meet the needs of your community. Municipal Lease Consultants (MLC) can help you to get the lighting, traffic control, and parking management equipment .It offers municipalities a method of Equipment Financing and Equipment Leasing that is less expensive than bond debt and much quicker.
Leasing is the perfect solution for businesses who want to:
1.Expand and modernize more quickly
2.Install the latest and most efficient equipment
3.Use tomorrow's dollars to improve your business
4.Take advantage of the huge tax benefits
5.Keep your cash liquid, while getting the equipment you need
Benefits of a Municipal Lease Purchase:
1.No long-term debt created
2.Flexible repayment terms and structures to meet budget needs
3.Escrow funding and master lease programs
4.Lower rates resulting from tax-exempt basis
5.Offers an alternative financing option without voter approval
6.Provides project financing
7.Spreads out the cost of an asset or project over the useful life
8.Save capital dollars for other projects for which leasing is not an option
Municipal Leasing is essentially an installment sales contract. It constitutes a current expense of the municipality and does not create debt. In the period of tight operating and capital budgets it is an effective and simple method for providing the capital equipment which needs to provide essential services like: education, public safety, water and sewer etc, while improving cash flow management.
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