Today's taxpayers demand that municipal leaders hold the line on taxes while insisting that more and better service be provided. With declining tax revenue and increased operating costs, cities are searching for innovative ways to finance badly needed capital equipment purchases. It may be possible to set up an annual line of credit to meet budgetary needs of your government agency. Interest rates will vary with the economy depending on the amount of the purchase, corporate credit rating and term of the loan.
Innovative financing is here today.
Listed below is an example of how payments may be structured. Please call for exact figures. Leasing subject to credit approval and lessee state requirements.