Budget-Friendly Solutions for Tax-Exempt Organizations.

Don’t let equipment costs weigh down your agency’s budget. Municipal groups and other tax-exempt organizations face a different set of constraints when it comes to their equipment financing. Agricredit offers a unique solution: the muni lease. You can acquire the equipment you need without diminishing cash resources that can be applied elsewhere.

The “muni lease,” short for municipal leasing, is a lease option exclusive to state and local governments (i.e., states, cities, counties, school districts and other political subdivisions of states). You obtain the use and ownership of an asset by making periodic payments of principal and interest over a pre-determined period. The Agricredit muni lease also features:

• Extremely cost-competitive contracts
• A fixed payment schedule that’s easy to budget
• Payments that last only as long as the useful life of the equipment
• A $1 buyout when the contract reaches its full term
• Advance and arrears payment options, including monthly, quarterly, semi-annual, and annual payments

Who qualifies for a muni lease?

Some examples include:

• State offices and facilities
• Colleges and universities
• Public hospitals
• Water and sewer departments
• Recreational areas
• Stadium and arena facilities
• Airport authorities

Call 800 USE AGRI (800 873 2474) for more details on Public Finance options.