School Bus Leasing
Whether its leasing a fleet of full size school buses or a single ADA compliant school 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 of 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!
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.
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.