Archive for the ‘tax-exempt lease-financing’ Category

Lease-Purchase Financing and Master Lease Agreements

Monday, March 25th, 2013

Why use leasing as a financing option?

Leasing is a great financing option for the following reasons.

  • The equipment acquisitions costs are spread over the expected useful life of the equipment/asset.

  • Leasing addresses unanticipated or large one-time purchases.

  • Financing costs can be matched to  the useful life of the equipment/asset.

  • Using lease-purchase financing increases public administrator’s purchasing power by helping them to reap the benefits of using both the capital and operating sides of their budgets within the same budget year.

What is a Master Lease?

A Master Lease Agreement is similar to an umbrella agreement: it is a lease agreement that can be used to acquire multiple pieces of equipment on different schedules overtime utilizing the same terms and conditions, without having to execute a new lease for each transaction. It is, in effect, a line of credit the lessee can draw upon to finance additional equipment.

What are the Benefits of a Master Lease?

  • Saves time.

  • Eliminates the need to issue a bid each time additional equipment is needed.

  • Eliminates the need to provide contract terms and conditions for each equipment purchase.

  • Only one credit approval is needed.

  • Ability to secure financing despite not having identified all of your required equipment

    What can  a Master Lease  Agreement be used to finance?

The Master Lease Program is available for financing essential-use equipment and intangibles associated with the equipment. The following are examples of essential-use equipment/assets that can be financed with the Master Lease Program.

  • Traffic lights

  • Medical equipment

  • Servers

  • Information technology infrastructure

  • Water meters

  • Trucks/vehicles

  • Communication infrastructure

  • Renewable energy systems

  • HVAC, lighting, water systems

  • Energy performance contracts

Terms and Conditions

With a master lease agreement, a lessee, under the same terms and conditions as the original acquisition, acquires any additional equipment. If new terms or conditions need to be negotiated, a new master lease agreement should be executed.

If you need lease-purchase financing or require more information on lease financing and master leases, Grant Capital Management is available to help you make the right equipment leasing choices.

Take advantage of our track record and experience.

Grant Capital Management is a leading provider of tax-exempt lease-financing to the public sector.  We finance almost any type of essential-use capital equipment, real property or Energy Performance Contract.  Since 2000, we have funded over $3.7 billion in lease financings. Grant Capital designs master leases, taxable and tax-exempt lease-purchase agreements and operating leases from $500,000 to $60 million and beyond with terms in excess of 20 years to meet our clients’ specific requirements.

If you need lease-financing services to finance a project, contact Grant Capital Management at 410. 715.9135 or click here today!

Check us out on Facebook, and Twitter as well!

Tags: , , , ,
Posted in Energy Performance Contracting, Grant Capital Management, lease-financing services, tax-exempt lease-financing | No Comments »

The Advantages of A Master Lease Agreement

Monday, November 5th, 2012

If you are in need of a flexible lease structure for your project, then you may want to consider a master lease.

A master lease agreement is beneficial when there may be a need to lease additional equipment over a certain period of time. The master lease agreement will govern the basic terms and conditions of the lease. As equipment is needed, separate lease schedules are then created under the master lease to accommodate the addition of equipment. Under this lease type, each schedule can include different end of term options and different lease lengths but all will come under one Master lease.

The Master Lease is useful to a municipality that has:

-An equipment acquisition program that spans over a period of time.

-Not identified all of the equipment that will be acquired at the time of executing the lease agreement.

When purchasing various pieces of equipment at different times from one or more vendors, a master lease agreement:

-Eliminates the need to go out to bid each time additional equipment is needed.

-Allows a municipality to provide addendums and equipment schedules for each new batch of equipment.

-Eliminates need to provide contract terms and conditions for each equipment purchase

-Needs only one credit approval to be obtained to service the agreement and subsequent schedules.

Grant Capital Management is here to help you negotiate your master lease, so any equipment your business requires in the future can easily be added to it with the terms and conditions that are right for you.

We understand each company has different needs. Our knowledge and experience will work to help you get exactly what you want so your business will run smoothly now and in the future. 

Take advantage of our track record and experience.

Grant Capital Management is a leading provider of tax-exempt lease-financing to the public sector.  We finance almost any type of essential-use capital equipment, real property or Energy Performance Contract.  Since 2000, we have funded over $3.7 billion in lease financings. Grant Capital designs master leases, taxable and tax-exempt lease-purchase agreements and operating leases from $500,000 to $60 million and beyond with terms in excess of 20 years to meet our clients’ specific requirements.

If you need lease-financing services to finance a project, contact Grant Capital Management now at 410. 715.9135 or click here today to determine how we will help you obtain the optimal lease for your business.

Check us out on Facebook, and Twitter as well!

Tags: , , ,
Posted in Grant Capital Management, lease-financing services, tax-exempt lease-financing | No Comments »

The Benefits of Energy Performance Contracting For Improving Governmental Operations While Reducing Costs

Sunday, April 29th, 2012

The Government provides many essential products and services to the public sector. For government operations to provide these essentials it must maintain capital reserves while effectively improving the function and operations of building facilities. The government is able to successfully take on these tasks with Energy Performance Contracting. This article will provide you information on Energy Performance Contracting and how it can benefit your governmental operations.

Read now to learn about the benefits of Energy Performance Contracting for improving governmental operations while reducing costs.

What Is Energy Performance Contracting?

The public sector is increasingly investing in Energy Performance Contract projects and renewable energy initiatives to achieve their air quality, economic, and energy goals.

Energy Performance Contracting (EPC) is a performance-based procurement method and financial mechanism that helps with building renewal through utility bill savings. EPC is offered by Energy Service Companies (ESCOs) to help public sector facilities obtain and finance essential energy efficiency projects.

How Does Energy Performance Contracting Work?

ESPCs are typically designed to be cash-flow positive or neutral, where the amount of monthly energy savings are at least equal to the amount of the monthly payment needed to finance the improvements. Most ESCOs guarantee the projected energy savings, and will reimburse the customer if the savings are not realized.

In other words, EPC will help provide you building improvements with energy savings, without draining your capital reserves. It can also provide additional savings to be used to lower operating costs or savings can be used for additional improvements.

An EPC replaces aging infrastructure with more efficient equipment to improve governmental operations and reduce costs.

It can help improve the following building infrastructures:

-HVAC Systems

-Water Systems

-Lighting Systems

-And, in some cases can include renewable energy installations – further enhancing governments ability to reduce energy costs.

The Benefits of Energy Performance Contracting

Energy Performance Contract projects provide invaluable benefits:

-EPC makes capital energy improvements while preserving limited capital fund dollars.

-EPC makes energy savings pay for improvements.

-EPC reduces utility expenses, while reducing repair and maintenance cost.

-EPC modernizes building operations, while providing technical and operations training.

-EPC helps building operations become more environmentally friendly and conserves scarce energy resources.

EPC projects today are typically financed by third-party financial institutions using financing vehicles that are tailored to the requirements of an individual project, not by ESCOs. Tax-Exempt Lease Purchase Agreements, also called Municipal Leases, allow the customer to finance an EPC project without carrying a liability on its balance sheet.

Using lease-purchase financing increases public administrators purchasing power by helping them to reap the benefits of using both the capital and operating sides of their budgets within the same budget year. We have provided over $800 million in structured lease-financing for Energy Performance Contracts. Take advantage of our track record and experience.

Grant Capital Management is a leading provider of tax-exempt lease-financing to the public sector.  We finance almost any type of essential-use capital equipment, real property or Energy Performance Contract.  Since 2000, we have funded over $3.7 billion in lease financings. Grant Capital designs master leases, taxable and tax-exempt lease-purchase agreements and operating leases from $500,000 to $60 million and beyond with terms in excess of 20 years to meet our clients’ specific requirements.

If you need lease-financing services today, contact Grant Capital Management at 410. 715.9135 or click here today!

Check us out on Facebook, and Twitter as well!

Tags: , , , , , , , , , , , , , , , , , , , , ,
Posted in Energy Performance Contracting, Grant Capital Management, lease-financing services, tax-exempt lease-financing | No Comments »