Bullard Lease/Purchase
Features & Benefits
LEASE/PURCHASE PROGRAM FEATURES
In association with Kansas State Bank, Baystone Financial Group offers a simple, efficient, cost competitive lease funding program. Highlights of the municipal lease/purchase program include:
Financing available for both new and used equipment in amounts as low as $5,000 and as high as $10,000,000
A "Small Ticket Program" designed for financed amounts of $5,000 to $100,000 that require no legal opinion and minimal financial information
Straightforward, easy to understand documentation
Immediate processing of documentation and prompt funding by Baystone's knowledgeable, professional staff
Step-by-step assistance throughout the entire credit and funding process
Direct funding, which results in lower rates and quicker response times
Funding for municipal, volunteer, and federal organizations
In-house legal assistance
Wire transfers of payments to corporate vendors
Toll-free 800 number
Guaranteed 24-hour response time on credit decisions
Funding for individual leases, master leases, and national programs
Baystone Financial Group offers a full service Municipal Lease Program covering nearly every facet of the Municipal Leasing Industry. Small ticket to large ticket, bank qualified or non-bank qualified, tax-exempt or taxable, Baystone can make it happen -- and do all of this at some of the most competitive rates available in the market today.
LEASE/PURCHASE PROGRAM BENEFITS
Low tax-exempt rates - These rates are available on any purchase made by a Municipality, Authority, or Fire District. Volunteer Fire Departments can also qualify for tax-exempt rates on fire truck or fire house purchases - although loose equipment and ambulances would need to be set up at a taxable rate.
Leasing arrangements allow departments to avoid large, lump sum expenditures. They can be "tailored" to meet the specific needs of each customer.
The Bullard Lease/Purchase agreement is set up to allow users to build equity toward ownership with every payment.
Cash flow planning benefits from regular periodic payments, while at the same time, scarce capital is freed up for other pressing needs. This helps to maximize limited budget funds, since only the current year's payments are included in the operating budget.
Many departments are faced with the difficult financial and operational challenges of whether to purchase new equipment or to keep worn-out or obsolete equipment in service. The longer they delay, the more the price goes up. This lease/purchase program offers a viable alternative by:
(1) enabling the immediate replacement of older equipment
(2) allowing you to purchase equipment at today's prices (avoiding future price increases),
(3) where small monthly payments are all that is required,
-- and at the same time --
(4) the end result is ownership of the equipment.