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Municipal Leasing
Low-cost equipment financing is available to municipalities under Municipal Lease-Purchase Financing (MLPF). MLPF is an alternative source of tax exempt financing for public school districts, fire and police departments, state universities, county hospitals, city and state offices and correctional facilities to acquire all necessary equipment. Credit approval is automatic.
Benefits of Muncipal Lease-Purchase Financing (MLPF)
- Flexibility: Payment schedules can be monthly, quarterly, semiannually or annually. Length of term can be established to meet your budget.
- Unlimited funds are available to meet your financing needs.
- Tax exempt financing for all local governments and their agencies with a $1.00 buyout at the end of the payment term.
- Acquire needed equipment even when the total purchase price may be too large to finance in a single year's budget but yet too small to issue a bond.
Types of Equipment (Partial List) Note: All equipment essential to the government entity can be funded under MLPF
- Computer systems
- Telephone systems
- Light/medium/heavy trucks
- Fire trucks
- Test Equipment
- Office Equipment
- Road repair equipment
- School buses
- Rescue vehicles
- Garbage trucks
- Ambulances
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HLC Financial Services, Inc. arranges Muncipal Lease Purchase Financing through a network of quality lenders and investors. We welcome an opportunity to bid on your next project. Call (708) 225-1483 or write us at: info@hlcfinancing.com for a financing solution to fit your budget.
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