First Southwest Leasing Company is the municipal leasing affiliate of First Southwest Company, and one of the leading municipal leasing firms in the country. Through its affiliation with First Southwest, First Southwest Leasing offers clients additional benefits and services, including financial advisory services for competitive sales or negotiated underwriting of securities including certificates of participation, lease revenue certificates of participation, underwriting of publicly offered securities, and placement agent services for the private placement of securities.
First Southwest Leasing provides lease-purchase financing through several structures including:
• Single Lease-Purchase Transactions
• Master Lease Programs
• Escrow-Funded Master Lease Programs
• Master Lease Line-of-Credit Programs
• Real Estate and Infrastructure Projects
Municipal lease-purchase structures afford governmental entities and other qualified participants (lessees) the opportunity to acquire essential personal and real property. Notable benefits of municipal lease-purchase financing include:
• Permits 100 percent financing of acquisition cost
• Conserves budget funds for critical needs
• Fixes low interest rates for the term of the lease
• Spreads cost over the useful or economic life of the acquisition
• Provides the ability to respond quickly to critical time frames
• Allows annual or bi-annual appropriation
First Southwest Leasing provides lease-purchase financings for a large range of uses. In addition to financing conventional equipment, such as school buses, computer and communications equipment, medical equipment, voting machines and police cars, First Southwest Leasing has tailored lease-purchase transactions for atypical items, such as stadium scoreboards and synthetic field surfaces, fiber-optic cable, aircraft and textbooks for public school systems. First Southwest Leasing is also experienced in structuring lease-purchase transactions for correctional facilities, parking garages, power generators, roadways, office buildings and energy efficiency and management measures.
Eligible Governmental Entities and Qualified Participants Include:
• States
• School Districts
• 501(c)3 not-for-profit organizations
• Hospitals
• Toll road authorities
• Airports and port authorities
• Public colleges and universities, including community colleges
• Private secondary schools and universities
• Transit authorities
• Municipal enterprise systems, such as water and sewer districts
• Public power agencies