Equipment and Real Property Leasing Success Stories Equipment and Real Property Financing GMA Equipment Financing GMA's Direct Lease Plan provides local governments with low interest installment programs for essential government equipment such as computers, E-911 systems, sewer jet cleaners, police cars and fire trucks. The GMA Master Lease Agreement also offers financing for Clean Air Vehicles and conversions.
Municipalities own the equipment at the end of the term.
Interest rates are based upon term, ranging from two to seven years, with quotes remaining valid up to 15 days prior to the origination of the loan. The program offers flexible payment terms, with no required down payment, no penalties for prepayment of the loan and no final balloon payments or fees. GMA staff are also available to assist in the administration of the lease throughout its term. We tailor each lease-purchase arrangement to the specific needs of the community with terms ranging from five to twenty years.