What is tax exempt municipal lease?
A tax-exempt municipal lease is a special kind of financial instrument that allows qualifying government entities (see below) to acquire essential new equipment under extremely attractive terms with very streamlined documentation. Some of the most notable benefits are: ► Lower rates than conventional loans or commercial leases. ► Lease-to-own. There is no residual, there is no buyout. ► Easier. Application (to $100K) are just one page ► FASTER! Same day/next day approvals ► Non-appropriation language included, automatically.