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School Leasing

The squeeze is on!  If your school is like most, funds are just getting harder and harder to come by.  Our tax-exempt school leasing program may be your lowest and most cost effective non-debt financing solution.

school leasing computers tech refresh school bus leasingThis is very low interest school financing, without the hassle of bonds.  No public referendums, no costly legal compliance issues, no protracted public hearings and no rate uncertainty.

Spread Your Costs Over Multiple Budgets

            ... and Multiply Your School Budget Dollars!

Why pay in advance--when you can spread the cost of essential capital goods, vehicles and software over multiple budget periods.  It's the Pay As You Go model, instead of pay for it all in advance!  And it makes sense.

school leassing, municipal leasing for school systems districtsA typical annual budget allocation, applied to a municipal lease payment provides the financial leverage to put 3-5 times (the annual) amount into service today! Unlike bonds, municipal leases do not create new balance sheet for your district or your town.  Because municipal lease payments have to be "reaffirmed," by your governing body providing for those payments in each new budget, the lease can be terminated without penalty if funds not are available for any legal reason after any fiscal budget period (e.g. funds are not appropriated).  The equipment would, of course, have to be returned, but the school would have no ongoing legal liability.

Let Us Show You.

The very best way to "see" the specific benefits of school leasing to your district, is to let us show you how far your budget dollars can go when annual appropriations are dedicated to a lease instead of one-off cash purchases.

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IMPORTANT NOTE:  The information provided ON this WEBSITE is not intended to be and should not be construed as “advice.”  First Capital Equipment Leasing Corp (FCELC) acts for its own account only.  FCELC does not act as a municipal advisor, municipal financial consultant, fiduciary or agent to any person or entity pursuant to Section 15B of the Securities Exchange Act of 1934 and the municipal advisor rules of the SEC.  FCELC is not recommending that you take an action with respect to the information presented on this website.  You should review and discuss this information with such independent financial, tax, legal and other advisors as you deem appropriate.