How does municipal leasing work? Step by Step

The Nuts & Bolts” of municipal leasing for government Frequently Asked Questions FAQs About Municipal Leasing FAQ'sagencies like yours–step-by-step.  It’s easier than you think to save a lot and spread the cost of big-ticket expenses over multiple annual budgets.

Step #1: Municipal leasing begins with your vendor price quotes  (exact, or your best estimates) on the vehicles and/or equipment — including any accessories you need for a 100% turnkey solution.

Select any vendors of your choice–including state contract providers; one source or 10, whatever it takes to get exactly what YOU need. Your pricing estimates may change–and that’s fine; we’ll keep fine-tuning until it’s perfect.

Step #2:  Request a one-page municipal lease-to-own quote from us.

800-541-0114  x-22

Get a Municipal Lease-to-Own Quote Leasingg Quote on Municipal Vehicles & Equipment

Step #3: Our one-page quote will be on your desk the same day and will clearly show the payment amounts and our extraordinarily low government interest rates. We will provide rates for multiple terms  (e.g. 3, 4, 5, 6, or more years, monthly, quarterly, semi, or annual payments) starting on the dates you select.

Step #4: Have we answered all of your questions? Great!  Email (or fax) us the two-page credit application along with a copy of the quotations from your vendors, a current budget, and the last 3 years of audits.

(For municipal leases under $100,000 and 5 years, all we’ll need is a one-page application and a vendor quotation.  Seriously, No audits, No financial statements required!  E-A-S-Y-!)

Step #5: Municipal lease contract documents will be drafted and overnighted for your review and approval. (We even provide a prepaid overnight return envelope) 

Upon receipt of your executed municipal leasing documents, the full amount of the lease is deposited into an account in your city’s name, at our bank.  Our bank will disburse lease funds directly to your vendors on your behalf. We work fast! A bank wire transfer or cashiers check to pay your vendors can be released within three business days of your receiving the equipment.

You are 100% in control of every step.  NOTHING happens without your “OK” upfront.   A confirmation copy of every disbursement that you authorize (via bank wire transfer or bank cashier’s check) is provided on the next business day.

Get a Municipal Lease Quote Now!

We’ve Got You Covered!

800-541-0114  x-22
(On your phone?  Click to call! Select Ext.  22 for Government  Leasing)