Leasing is an ideal option for municipalities that have to balance every dollar of their budget to best serve the public. Municipalities need to provide essential services, update their facilities, and harness the latest technologies that streamline operations and allow them to function effectively. A municipal lease option allows these political subdivisions to acquire the essential equipment they need to succeed using only a small portion of its budget annually.
Our municipal leasing programs support the growth in efficiency, diversification, and function for municipals by providing them with the essential tools to grow without large upfront costs. This allows for little cash disruption with the opportunity to serve the public better and make your work much easier so you can spend more time on progressing and getting ahead.
You’re not penalized for prepayments and leases are aligned to a municipalities annual appropriations with one-year obligations and annual renewal options
We offer terms up to 15 years with annual, quarterly, or monthly payments, depending on your preferred structure so your leases are structured to suit your budget
We try to not require down payments. We listen to what has been appropriated for the equipment, and structure our lease to ensure you don’t lose the future budgetary funding
Don’t see the equipment you need listed above or have questions about something you’d like to lease? We can create a custom lease for any equipment you need. Contact us
Municipal leases are for municipal entities that can benefit from acquiring equipment instantly and making payments that are more suited to their annual budget, rather than a full upfront payment that falls outside their budget.
Complete the credit application and schedule a call with one of our business development managers
No, our leases are actually Municipal Mini Bond Obligations, so they are one year obligations with annual options to renew
No, it will not
Our leases range in size from $10K – $100 Million
We work with you to resolve the default and to get things back on track. If you are unable to keep your business open then we will work with you to liquidate the equipment and work out any shortfall
If you are late there is a 5% late fee you are subject to, however most of our Leases are paid electronically via ACH, so if you give us 5 business days notice we are able to pull back the ACH and avoiding in addition to the late fee a bounced payment fee
No, we do not have any prepayment penalties under our lease
We also provide commercial, federal, non-profit and Native American Tribal leases.
Leasing can be tailored to fit your company's needs, now and long into the future. By avoiding upfront costs and gaining lease financing, you can maximize your cash flow, and benefit from tax advantages, flexible buyouts, and variable payment levels.
By utilizing leasing, government buyers can spread the acquisition over multiple budgetary periods, and more efficiently manage the acquisition, so that they have all the tools they need to succeed without stretching their budget.
Many non-profits operate under special circumstances and require contracts and finances that are informed of their context and needs. Leasing Innovations are educated on non-profit financing and work with you to easily lease any essential equipment necessary to your operations.
From gaming equipment to generate revenue, to school buses for community transportation, Leasing Innovations can facilitate the acquisition of any assets Tribal Entities require to offer their current or new services and grow their operations.
Leasing Innovations provides the most innovative and creative financial solutions for equipment leasing.
San Diego
261 North Highway 101
Solana Beach, CA 92075
P: 858 259 4794
F: 858 259 7076
Boston
15 Court Square, Suite 520
Boston, MA 02108
P: 617 426 5200
F: 617 426 5846
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