Police Car Leasing
One of First Capital's specialties is the tax-exempt municipal lease-to-own financing of police & sheriff's vehicles and law enforcement equipment.  There are two things that every department knows well; new police cars are expensive and no matter what...police cars wear out and regularly need to be replaced or upgraded.  Deferring only drives up the maintenance side of the equation while decreasing reliability and ultimately safety.

New Police Cars
     Pay Cash or Municipal Lease-To-Own Financing?
The reason so many departments have turned to municipal lease financing is that municipal leasing provides the financial "leverage" they need make larger capital expenditure for essential new vehicles while spreading those costs over multiple budget periods--in essence matching cost against annual budget allocations.

Why Pay In Advance?
    When You Can "Pay As You Go!"
Using municipal leasing for your police cars is like multiplying your capital budget by a factor of 3, 4  or 5 times!

"Tax exempt" municipal leasing--what does that really mean anyway?  There is a very valuable tax benefit to our bank and investors that "exempts" them from federal and in some cases state and local income tax on the earnings from interest on leases made for state, county and local governments.  Our lower tax liability translates directly into lower borrowing rates for our state, county and municipal government customers--it's that simple!

800-541-0114