Vendor Finance Program
Expert financing for communities nationwide
Win more competitive bids
Capture more business by offering low tax-exempt financing on your municipal equipment bids. By partnering with Baystone, you can offer tax-exempt municipal leases to qualified organizations ─ at rates averaging 30% lower than traditional commercial rates.
Vendor Program Benefits
Baystone’s vendor program allows you to concentrate on the sale of your equipment while we handle the financing process.
Benefits include:
Each program can be customized to meet your business needs.
- Our specialized finance experts will work with your customer directly to ensure understanding of financing and prompt execution of the documents
- Nationwide funding for all 50 states
- Tax-exempt municipal leases, tribal loans, and other taxable solutions for non-profit customers
- Flexible financing solutions including residuals, balloons, and deferred payments
- Dealer reserve fees
- Private label documents are available
- Fast credit decisions using a simplified process
- Escrow funding for delayed deliveries
- Quick vendor payments
- Financing as low as $5,000 and up to $10,000,000 for new or used equipment
Offer Tax-Exempt Municipal Leasing and Other Financing
As experts in public financing, we can assist in finding the right financing structure for your customer’s needs. We underwrite the credit, prepare the documents, and service each transaction until maturity.
We work with municipalities across the nation and provide a transparent transaction process with no closing costs or hidden fees.
It’s simple!
- We will work with you or your customer directly to quote the transaction
- Our credit department will review the financial package and make a decision within 24 to 48 hours
- Our team will draft the appropriate contract for signatures and work with you or your customer to complete
- Our team will do a final review of the documents and transaction to ensure financing is accurate, equipment is delivered, and all parties are satisfied
- Once equipment has been delivered and the contract has been executed and returned, we will wire or overnight full payment for the equipment the next business day
All Equipment and Capital Projects Considered
Equipment – New and Used
- Fire trucks
- Police vehicles
- School buses
- Ambulances
- Public works equipment
- Emergency response vehicles and equipment
- Computers and tablets
- Body cameras and security equipment
- Copiers
- Software
- Telecommunications
- IT Infrastructure
- Energy savings projects
- HVAC, LED Lighting, Roofs, Boilers, etc.
- Modular classrooms and buildings
- 911 systems
- Artificial Turf and sports complexes
- Water treatment equipment
- Metering equipment
- Capital improvement projects
- Exercise and Fitness Equipment
Real Property
- Administration Buildings
- Gymnasiums
- Shop Buildings
- Fire Stations
Bond Financing
- General Obligation Bonds
- Revenue Bonds
Government and non-profit entities use bond financing as a cost-effective way to raise capital for things such as equipment, buildings and land. Baystone serves the public sector and non-profit clients by investing in and working with municipal advisors, special districts and bond counsel on various forms of tax-exempt and taxable bond offerings.