PlayPower Financial offers the most efficient and flexible financing options with Municipal Leasing.
Start Enjoying the Benefits of a New Playground Today!
Municipal Leasing Features
- Funds 100% of your Project or Equipment Cost
- Does not Constitute Statutory Debt
- Approved by Board / Council – No Bond Election Required
- Flexible Terms – Choose from Deferred Annual, Semi-Annual, etc.
- Provides Early Redemption Privileges
What is Municipal Leasing?
- Municipal Leasing is a proven and legal means of financing
- Municipal Leasing is a Tax-Exempt Lease
- Authorized by section 103(a) of the Internal Revenue Code, a tax-exempt lease or lease-purchase agreement is an installment purchase, conditional sale or lease with an option to purchase for nominal value. It may also be referred to as a municipal lease. The interest earned by the investor is exempt from federal income tax
Let our experienced Public Finance Staff walk you through the process and assist with specific questions. Please email us or give us a call today at: 404.427.5270