Government Leasing, LLC increases your volume by offering Federal and Municipal Leasing programs to your vendors!
We are specialists in arranging financing for Government Agencies. Government Leasing, LLC provides an easy way to sell to Government Agencies that do not have the available funds to acquire your vendor's equipment. Government Leasing, LLC works with you to provide Municipal and Federal leasing programs for your established vendor network so that they can include a leasing option in every sales proposal!
The process to initiate a lease program is fast and simple! Call Government Leasing, LLC on our toll free number 800-822-8070 and specify the equipment, lessee, term, equipment cost and the points to add on for you. A Government Leasing, LLC marketing representative will provide you with a rate quote and, if accepted, Government Leasing, LLC will send documents the same day. Government Leasing, LLC provides financing to local Government Agencies such as public school districts, fire and police departments, public works departments, state universities, correctional facilities, county hospitals, city and county and state offices. We have expertise in Federal Government transactions and offer Lease To Own Plans and Lease With Option to Purchase plans. Government Leasing, LLC also facilitates leases for Native American Tribal Entities.
Property that is frequently leased consists of items that are essential to the operation of the municipality or Federal Agency. These types of property include: police vehicles, heavy equipment such as sweepers, fire engines, computer systems, telephone systems and office equipment. We can even finance software only transactions.
We respect any vendor relationships you have established. If you have any questions, don't hesitate to call Government Leasing, LLC today at 800-822-8070 and find out how easy it is to offer your vendors a Municipal and Federal Lease program!
We offer exceptional flexibility in meeting the term length and payment requirements of government administrators. When an entity cannot pay cash, we can enter into a contract with them and fund the vendor as a cash sale. We provide an added incentive for financed sales to these entities, because we process all of the documentation and payment collection paperwork.
We are experienced in processing unique or complicated transactions including rentals (LWOP's) and lease purchases (LTOP's) with Federal Government entities. If a GSA contract is applicable to the transaction we will require a copy for review and approval. Federal transactions vary and we consider them on a case-by-case basis.
We offer competitive rates for the lease of property for all local and state government subdivisions, including sanitation districts, school districts, fire and police departments, city or county agencies, and more.
The most significant obstacle faced by Government Agencies in acquiring needed property is meeting their fiscal year budgetary requirements. Often, there are not enough funds budgeted for the purchase of property. Teaming with Government Leasing, LLC to offer leasing options to your vendors will increase
A Federal Lease is an alternative to an outright purchase. It allows Federal Agencies to obtain necessary property and other assets while still meeting their budgetary constraints.
Most types of property can be financed with a Federal Lease and includes computers and software, office equipment, communications equipment, and vehicles.
The term of a Federal Lease is typically one to three years, depending upon the useful life of the property and the needs of the Federal Agency. During the term of the lease, the Agency makes payments either monthly, quarterly, or annually. However, we will arrange for flexible payment terms that meet the specific needs of the Federal Agency.
Most agencies of the executive, legislative and judicial branches of the Federal Government use leasing to acquire property and other assets. In addition, some contractors and sub-contractors to the Federal Government use Federal Leasing to acquire the property needed to fulfill their contracts.
Usually, the Government Agency has identified its need for property and has either chosen a vendor or has requested proposals from several suppliers. We work with you and your vendors who respond to Requests for Proposal by providing lease rates and assistance with bid preparation. Contact us for assistance and information.
Lease to Own Plan (LTOP) - With an LTOP, the Federal Agency makes regular payments for their term of the lease. At the end of the lease term, the agency owns the property.
Lease With Option to Purchase (LWOP) - Under an LWOP, the agency makes regular payments for the term of the lease and has the option to purchase the property at the end of the lease term for a specified price. If the agency chooses not to exercise its option to purchase, the property is returned to the leasing company.
Straight Lease or Rental - With a straight lease or rental, the agency makes regular payments for the term of the lease. At the end of the lease term, the agency either renews the lease for an additional term or returns the property to the leasing company.
Emergencies - Municipal Agencies often have non-budgeted immediate needs and are without the surplus funds to acquire them. Since they cannot be obligated long-term without an election, leasing the property is the only alternative. The Municipal Lease contains a non-appropriation clause that allows the municipality to enter into a lease without committing future funds.
Lengthy Budget Process - Unless capital expenditures are already in the budget, it could take months or years to acquire property that is needed today. However, lease payments are appropriated from the operating budget, rather than the capital budget, and are often made from excess or emergency funds already available.
Voter Approval Not Required - A general election is usually required to commit a municipality to long-term bond financing (i.e. obligates the municipality beyond the end of the current fiscal year). On occasion, unpopular issues (i.e. the location of a jail facility) are turned down although they are desperately needed. When necessary, lease financing provides an option to proceed without long-term obligation, and without voter approval (because the Municipal Lease may be terminated if funds are not appropriated).
Too Small for Bonds - Low interest bond financing is usually not available for small projects under $1 million. Government Leasing, LLC leases property costing as low as $5,000.00 with no maximum dollar amount. Length of lease terms are generally to five years or longer, depending upon the useful life of the property.
Bonds Cost More - After adding the soft costs of bonds, such as labor, advertising, printing, etc., lease financing is less expensive and much less time consuming.
$1 Buyout - In a Municipal Lease, the lessee usually purchases and takes title to the property. The financing is a full payout contract with a $1 buyout at the end of the lease term.
Identify Your Target Market - Qualified candidates include agencies of the Federal, State, County, Municipal Governments or other instrumentalities, such as:
What Can Be Leased? - Basically, anything essential to the operation of the agency including:
For a detailed quote, please call Government Leasing, LLC on our toll-free line at (800) 822-8070 or click the "Contact Us" link above. Provide us with the following:
Desired payment amount
We will respond within 4 business hours with a customized quote. Upon acceptance of the quote and receipt of the purchase order, Government Leasing, LLC will generate the necessary documentation and forward it for signature.