Lease financing, as an alternative to traditional bond financing or cash, gives customers the opportunity to make their roofing purchase over time, without increasing their capital debt. It allows schools and other public organizations, as well as commercial businesses, to replace or renovate their roofing when they need to, buying valuable time until capital becomes available. The lease arrangement applies to the total roof project cost, including materials, delivery, and installation.

The typical term for repayment is from three to seven years, with a one dollar buyout at the end of the term. Since the lease is considered a maintenance expense, rather than a capital debt, the arrangement frees up capital needed for other building asset investments. Rates are competitive, and, for  state and local governments, public hospitals, school districts, colleges, universities, and 501(c)3 organizations can qualify for federal tax exemption. Flexible lease financing options are also available for private sector businesses and other commercial enterprises across the United States.

If you are interested in learning more about financing options for your next project please feel free to give us a call at 301.452.1144.