Band Uniform Financing Program
As more demands are placed on school's budgets, school districts are searching for ways to stretch their available funds to acquire essential property. The Tax-Exempt Lease Fund offered by DeMoulin represents that "Budget Stretcher"many school districts are seeking. This simplified program represents a flexible, cost effective way to procure essential merchandise while maintaining budget control.
Tax-Exempt Lease Fund - Advantages
- Lower Interest Rates
Each financing is structured to meet IRS requirements for tax-exempt interest. These rates will be much lower than traditional commerce rates.
- Flexible Options
The Tax-Exempt Lease Fund allows participants to select between monthly, quarterly, semi-annual or annual repayment frequencies.
- Responsiveness
When you need financing, current interest estimates can be provided to assist in the budgetary process.
- Flexible Terms
Financing terms are tied to the estimated useful life of the equipment, and each transaction is structured to meet your individual needs.
- No Voter Approval Required
DeMoulin cuts red tape by eliminating the need for voter approval.
Can Serve You By Offering
- 3-5 Year Terms
- Up to 100% Financing
- Competitive Interest Rates
- Deferred Payments until Next Budget Year
- Ownership at End of Term
- Early Buyout Provisions
For More Information
CALL 1-800-228-8134
CONTACT Michael L. Coling or Rosemary York
Information Needed to Process Financing Proposal
- Name of School District
- Merchandise Description
- Cost (even if estimated)
- Down Payment (if any)
- Terms Desired (if known)
- Delivery Date or Schedul
Information Needed to Process Financing Documents
- Complete Document Information Fact Sheet (will be provided)
- Provide the last 2-3 years financial statements & current year budget
- Finalized Financing Proposal