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Our municipal lease purchase plans give governmental
entities a fast, flexible, affordable way to acquire
the equipment they need, when they need it.
It's a way that eliminates the need for large,
up-front, lump-sum cash outlays.
It's fast because it doesn't involve the complexity
of a bond issue or (in most cases) the time
necessary for general voter approval.
It's flexible because payments can be tailored to
fit the unique revenue requirements of public
agencies. And it's economical because it offers
tax-exempt interest rates while still building
equity toward ownership.
Simply put, it's a plan that can work like an
installment purchase, with payments applied toward
potential ownership.
Lease/Purchase Plans Are An Increasingly
Popular Choice For Today's Municipalities
All around the country, hundreds of forward-thinking
states, counties, cities and towns are turning to
lease/purchase plans as a viable way to provide
much needed services in lean times. Last year
alone, municipalities used lease/purchase plans
to acquire $12 billion worth of equipment. The
Associates can tailor lease/purchase plans for...
- Transportation equipment
- Waste hauling and recycling equipment
- Construction equipment
- Road graders and pavers
- Fire trucks
- Emergency vehicles
- School buses
- Maintenance vehicles
- Groundskeeping vehicles
- 2-way radios
- Communications and 911 systems
Benefits From The Associates Lease/Purchase Plans
Now municipalities can make the most of limited financial resources, while providing increased budget flexibility with The Associates Municipal Lease/Purchase Plans ...
- Avoid large, lump-sum expenditures
- Avoid the repercussions of tax increases
- Avoid the complexity of bond issues
- Obtain needed equipment at todays prices, while taking advantage of tax-exempt interest rates
- Maximize limited budget funds, as only the current year's lease payments need be included in the operating budget
- Accumulate equity with every installment
- Realize ownership with a final payment of $1 at the lease's end
- Eliminate the need for down payments or security deposits
- Put an end to the financial and operational struggle of keeping worn-out, or less productive equipment in service
- Gain the cash flow benefits of periodic payments
- Free your capital for operating needs such as construction projects, road maintenance, emergency medical response systems, and more
Annual Line Of Credit Plans Tailored To Your Needs
While many of our lease/purchase agreements are tailored for one purchase at a time, The Associates also can put together a credit line against which municipalities can draw throughout the year. With an annual line of credit they can meet their current and future equipment needs all with one easy plan. No delays. No hassles. No repeated applications or bid requests. And, like any of our lease/purchase plans, we can tailor an annual line of credit that meets individual municipalities needs and budgets.
Contact The Associates today and find out how Municipal Lease/Purchase Plans can help you.
Call 1-800-421-4779 or Email us.
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