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Project Financing
Lease Purchase
If your equipment is worn out or needs upgrading, why wait until the next facilities project if you can start using new equipment immediately? Delaying a purchase could mean facing component price increases and increased maintenance costs as systems become overburdened.
Working with experts in the finance industry, we have developed a flexible Lease Purchase Financing package for our customers, tailored for state, local and city entities.
- Key Benefits:
- Lease Purchase has no additional fees such as closing costs, bond counsel, tax opinions, and trustee fees.
- Low, tax-exempt rates and flexible payment terms are available.
- Eliminate the need for large upfront cash outlays.
- Eliminate the financial and operational challenges of worn out or obsolete equipment.
- 100% of project costs, including installation, can be funded.
- No voter approval is required; the decision can come from board/council approval.
Our partners in the Lease Purchase plan are some of the largest municipal finance companies in the country who have helped thousands of communities with their financing needs.
Government Capital Corporation
Check with your city purchasing officer — your community may already have an arrangement in place with a Lease Purchase provider, making your purchase even easier.
Fenton Flexible Terms
For communities not participating in the Lease Purchase plan, Fenton offers workable payment terms, with percentage payments scheduled throughout the course of building and installing the new dehydration system. The final payment is not due until your system has been delivered to your facility. Check with Fenton for standard payment terms or to discuss possible options for your community's payment plan.
