Municipal Finance Group 

Welcome to Municipal Finance group.  MFG is an innovative leader in Public and Municipal Leasing, our main focus is providing Tax-Exempt Lease Purchase financing for cities, states, counties, water, electric authorities, special districts, schools, universities, and fire districts.

Within the government financial community we have funded transactions for customers of Banks, Brokers, Financial Advisors and Vendors. Providing  financing requires a specific understanding of municipal government and practices.

Builds Equity- A Lease-Purchase program permits the lessee to build equity with each payment. At the end of the lease term, the lessee owns the equipment upon remittance of one dollar.

Pre-Payment Options- Unlike general obligation bonds, our Municipal Lease-Purchase Agreement provides an option to purchase value at every payment date. This allows the issuer the most advantageous options for early pre-payment of the transaction

Flexible Terms- Lease terms generally are matched to the useful life of the equipment to be financed. Although under certain circumstances we can get longer terms than most banks up to twenty years and the flexibility of monthly, quarterly, semi-annual, or annual payments provide for easy budgeting.

Bond Election is Not Required- Because of the annual appropriation features, tax-exempt municipal financings do not count against the municipalities debt limit, nor are they subject to normal debt incurrence procedures

Avoid Inflation Delay Costs- A Lease-Purchase obligation permits acquisition of needed equipment before rates and prices rise.

Debt Limitation- Lease-Purchase financing does not effect debt limitation. Debt-to-fund balance ratios are very important in maintaining a good credit rating, as well as staying within statutory requirements.

Timely Response- Funds for equipment purchases can be made available in a matter of days after the municipality has completed the initial lease application form. 

Simple Approval Process

When compared with the process involved with in a bond referendum, lease financing is far more simple and flexible, time and transactions costs are reduced.

Many of the costs typically associated with bond financings are reduced or eliminated. These include underwriters' counsel, trustee services, rating agency fees, insurance or bond referendum costs.

So give us a call or email and we will be happy to provide you with a lease payment quote good for 30 days and renewable upon request. There is no obligation and we will not pester you with email or advertising. We just think it makes sense for you to see if the rates and terms you are getting from your bank or lender are the best you can get in the market place. Give us a try and see for yourself.