Municipal Asset Management, Inc.
At the end of the lease term you own the equipment. There are no additional costs, residual values or balloon payments.
The full cost of the equipment including software, freight and installation can be financed.
Most of the issuance costs associated with bond financings are eliminated making leasing an attractive alternative.
The Lease term is tied to the useful life of the asset making it possible to match payments with the benefits of ownership. Payment dates and amounts can be structured to meet the Municipality's cash flow needs.
Lease payments are subject to annual appropriation of lawfully available funds by the Municipality's governing board and are therefore not considered debt in most states. This enables the Municipality to acquire assets without the time and expense associated with voter referendums.
The documentation requirements are substantially less than those for a bond allowing funding in less than two weeks for large transactions.
Equipment Types
Fire Trucks
Police Vehicles
Computers
School Buses
Transit Buses
Hospital Instruments
Helicopters
Energy Management
Financial Mgt Systems
Modular Classrooms
Portable Buildings
Ambulances
Water Meters
Water Treatment
Telephone Systems
Heavy Machinery
Real Property
School Facilities
Dormitories
Administrative Buildings
Fire Stations
Water and Sewer Facilities
Maintenance Buildings