Can I include money for future equipment purchases in today's lease?

Yes! We understand it may be easier to allocate funds for future purchases today rather than going to your board for each new purchase. The key is in the planning. Once you have established a 'need' for future purchases, work closely with your Community Leasing Partners representative to calculate the future costs of your equipment. We will then set aside a portion of your lease in a draw account for future purchases.

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Community Leasing Partners (CLP) is providing information contained on this website, including any downloadable documents, for discussion purposes only in anticipation of engaging in a commercial, arm’s length transaction in which CLP would be acting solely as a principal and not as a municipal advisor, financial advisor or fiduciary to you or any other person or entity. CLP will not have any duties or liability to any person or entity in connection with the information provided herein. The information provided is not intended to be and should not be construed as 'advice' within the meaning of Section 15B of the Securities Exchange Act of 1934. Please consult with your own legal, accounting, tax, financial & other advisors to the extent you deem appropriate.

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From our customers

"We did not have funds to replace equipment. Community Leasing Partners provided a way to lease equipment with a manageable annual payment."

Cathy Bissonette
Clerk/Treasurer for City of Babbitt

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