Lease Purchase Financing is a cost-effective and tax-exempt alternative for financing capital equipment and technology purchases. The Bond Bank does not lend money directly, but provides a fast and convenient service to governmental entities by conducting the competitive bid process on their behalf. The Bond Bank forwards the lease information to a list of bidders and then presents the submitted bids to the governmental entity for consideration.

Eligible Borrowers

Eligible Projects

Application Deadline

Interest Rates

Minimum/Maximum Loan Amount

Competitive Bidding Process

Issuance Costs & Fees

Term

Repayment Schedule

Prepayment Options

Receipt of Funds