National City Municipal Finance for Vendors

For equipment manufacturers and vendors, the maze of requirements associated with tax-exempt financing can be a tough obstacle in selling to government markets. We provide the support necessary to successfully assist your customers in obtaining the equipment they need.

We Help You Increase Government Market Sales

We understand your objectives. Some of your most valuable (and potentially valuable) customers are state and local government agencies. But government processes can be complex and frustrating and can hinder sales. National City Municipal Finance can help you be more efficient and effective in selling to these customers.

We Understand the Needs of Government Customers

Each government agency has its own complicated procurement requirements that must be met by suppliers-both you and your financing source.

Because we specialize in the field of state and local government financing, we thoroughly understand the opportunities and the pitfalls. A financing problem that appears new to you and your customers, may be similar to one we have efficiently solved for someone else.

We're an Expert Resource in Municipal Leasing

Today, as governments must cope with ever tightening budgets, a term financing agreement is an increasingly valuable alternative to outright purchase.

Term financing is advantageous for both the vendor and the government entity.

Government agencies can arrange for installment payment plans that provide unencumbered ownership at the end of the contract.

Vendors and manufacturers can treat the transaction essentially as a cash sale with funds transferred to them promptly after documents are completed and equipment is accepted.

If your company is interested in this expanding market, you'll want to work with an expert in the industry. We know the intricacies and legal requirements of the business inside and out.

We Simplify Lease Financing

Immediate Payments - We provide non-recourse financing for your sale by contracting directly with the customer, or by taking an assignment of payments due from the customer to you under an installment payment contract.

We pay manufacturers and vendors promptly after documents are completed and the equipment is accepted by your customer.

Simple, Clear Contracts - Selling your products is your main goal. You don't need to deal with confusing contracts. We provide simple, straightforward contracts and documents. We have experience to adapt these documents to your customer's unique acquisition requirements.

Alternatives Might Include:

• Installment payments
• Lease with purchase options
• Rental and lease agreements

The "lessor" in a contract can be the equipment manufacturer or supplier who assigns payments to us in return for a cash payment, or the lessor can be National City Municipal Finance.

Our goal is to ensure that your needs and the requirements of your government customers are fulfilled.

Tailored Payment Schedules - Often, equipment budgets can't be tied to one, consistent payback schedule. Monthly payments may be best for some situations while others might require quarterly, semi-annual or annual payment terms. In some cases, a varied payment schedule in uneven amounts might be best.

We understand how governments and their agencies obtain funds. We work with you and your customers to design a payment schedule that matches the situation.

Competitive Interest Rates - We can assure you and your customers of the most competitive payment levels in the market for any transaction amount. We base our pledge on our parent company's low cost of capital and their solid standing as one of the most reputable, stable and largest financial institutions in the country.