School Pool Lease Financing
School and community pools--new construction, upgrades and expansion, First Capital can assist with our very low cost, tax-exempt municipal financing for pools, including pumps, filters, chlorination, automated chemistry controls, locker rooms, bleachers and more.

With state and local education cutbacks plaguing school districts across the country, the addition of new or expanded school pools is getting more  and more difficult to fit into already tight budgets.

Pay As You Go, Not in Advance
Our tax-exempt municipal leases for school pools allow districts to spread the cost of new school facilities over multiple budget periods; from 3-10 years!

Municipal Leases Best School Bonds
Here's why; for all but the largest projects, bonds can actually be the more expensive option in terms of their significant legal, compliance, advertising, publishing, printing expenses and other fees.  Almost all bonds require a protracted and politically cumbersome voter approval process.  For districts concerned about their credit rating, bonds create balance sheet debt, while municipal leases do not.  Municipal leases can be completed in weeks, while bonds can stretch out for months and months.  And with municipal leases pricing and rates are certain up front--having bee locked in at closing, rather than floating through the issuance process.