Lease-purchase financing is becoming an increasingly important element in the financial management strategies of local governments. Nationwide, the annual dollar volume of lease-purchase obligations has grown from $700 million in 1980 to an estimated $8 billion in 2000. As it has grown, the lease-purchase market has also evolved to address a variety of funding needs and institutional constraints. To assist public officials and staff to understand the state of lease-purchase financing, these are some fundamental questions that are most frequently raised on this subject.

Benefits of the Lease Installment Purchase Financing
- No Upfront Costs or Fees
- Simplified Documentation
- Tax-Exempt Interest Rates
- Flexible Payment Terms
- Personalized and Responsive Customer Service

Lease Installment Purchase Financing Overview
- Lease purchase financing is a credit purchase
- Lease purchase financing is essentially a loan - lease payment schedule
- Lease purchase financing used to purchase equipment: furniture, fire trucks, computers - Lease purchase financing used to fund construction and real property

Lease Installment Purchase Financing Program Detailed Explanation Link.

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