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School Bus Leasing

Whether its leasing a fleet of full size school buses or a single 10-passennger ADA compliant mini bus, First Capital's very low interest rate municipal leases can streamline the financing process to help your school district put the safest, most cost effective fleet ofSchool Bus Leasing school buses on the road.  Municipal lease financing is available for Blue Bird, Thomas, International, Girardin, Trans Tech or any major brand.  Use the school bus dealer of your choice, or purchase off your state contract.  Public schools, charter schools and (non-municipal) programs from private schools.

Spread the Cost -- Pay As You Go, Not in Advance!
A tax-exempt municipal lease for school buses simply makes financial sense.  School bus lease programs are lease-to-own, in order for your school district to benefit from the significant tax benefits of our very low interest municipal leasing.  Our leases compare to bond pricing, but with no new balance sheet debt, no public referendums, no exorbitant legal fees and turnaround time that is measured in days not months.

Match your payments to your school's cash flow.
School Bus Leasing Any First Capital municipal school bus lease can be based on annual, semi-annual, quarterly or monthly payments.  In addition, lease payments can be structured to commence in the fiscal year after lease signing (up to 12 months after signing)--providing extra financial "breathing room."

Match your preferred lease term (up to 7-10 years) with your route mileage and maintenance budgets.

Tax-Exempt Municipal Leasing Makes It Work.

Municipal leasing for schools may well be your lowest cost, non-debt financing option.  Our programs are based on the very lowest tax-exempt interest.   Thanks to the I.R.S. qualifying schools (almost all public schools qualify) are eligible for interest rates that are often more than 50% lower than the best commercial rates available to school bus contractors, for example.

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IMPORTANT NOTE:  The information provided ON this WEBSITE is not intended to be and should not be construed as “advice.”  First Capital Equipment Leasing Corp (FCELC) acts for its own account only.  FCELC does not act as a municipal advisor, municipal financial consultant, fiduciary or agent to any person or entity pursuant to Section 15B of the Securities Exchange Act of 1934 and the municipal advisor rules of the SEC.  FCELC is not recommending that you take an action with respect to the information presented on this website.  You should review and discuss this information with such independent financial, tax, legal and other advisors as you deem appropriate.