Municipal leasing is a process with which you're much more familiar than you might think. Go through this common scenario, and note its similarity to the commercial leasing process which you may already be well acquainted with.

• One of your municipal customers request a quote lease terms for a $100,000 piece of equipment.
• You quote the rate from a published rate chart, or by calling us if it's and unusual-sounding deal.
• You fax us a Municipal Lease Application Form, or telephone us, describing the equipment and identifying the prospective lessee.
• Almost always during the same phone call, or immediately after looking at the Application, we give you a tentative credit approval. Normally, if there is any unusual documentation, or other needs, we'll tell you then.
• We prepare the lease documents, and send them out as you instruct. Usually via email.
  The lessee reviews the documents, and accepts without change.
• The Dealer (you) completes delivery, and the lessee completes the Acceptance Certificate.
• The completed, executed documents are delivered to us, and checked for correctness.
  We telephone the lessee/user to verify delivery, billing information and just kin of make friends.
• Funding takes place, normally within three days.

Fairly straightforward, right? Of course, it's not practical for us to address every possible variation on how to get a lease done. While the above scenario is fairly typical, there are differences on occasion. As a general rule, you should consult with us about any unusual items or requests for changes in established forms.

Benefits of Leasing (PDF)