Improved cash flow
100% financing available
Flexible lease structures
Capital can be used for other projects
If your nonprofit organization is considering new equipment or facilities, a tax-exempt lease may be the answer to improving your cash flow while providing financing to meet your objectives.1 Due to the tax-advantaged nature of the interest income earned on this type of lease, lower financing rates may be available which means lower payments for your organization.
Also known as a municipal lease, a Tax-Exempt Lease from F.N.B. Equipment Finance allows entities, such as municipalities, cities, counties, school districts and health care organizations, to use annual revenue to make payments for essential-use equipment or facilities. For municipalities, the tax-exempt lease is not considered debt but is part of the operating budget. Your organization is able to use this type of lease to purchase new or used equipment or even to complete a qualified capital project. These types of leases are often available at significantly lower rates than the typical commercial lease transactions.
Leasing equipment can help your business’s bottom line. And F.N.B. Equipment Finance has the flexible terms, affordable options, and personal service needed for your business.
Whether you would like to apply online or meet with one of our experts, we have convenient ways for you to get started. You can begin by adding this product to your cart. During the checkout process, you can select the option to get started online or set up time to meet with one of our experts.
It is helpful if you have the following information available to you during the application process:
FNB offers a full breadth of products and services for your needs.
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