Municipal Finance Lease Program

McCandless Truck Center, in partnership with Navistar Financial, offers customized tax-exempt lease purchases for commercial vehicle financing to municipal borrowers.

We understand that managing your fleet needs within a constrained budget can be an immense challenge. Through our equipment finance relationships, we strive to deliver tax-exempt financing solutions designed to support your financial and operational objectives.

Ideal for:
• Government entities including states, cities, counties
• K-12 school districts, public colleges and universities
• Special districts (ports, fire, transportation, water, sewer, power and health)

Flexibility to accommodate your needs

• Optional down payment
• Monthly, quarterly, semi-annual and annual payment frequencies
 Lease tenors up to 144 months
• Financing for a wide range of new and used trucks, tractors, trailers, school buses, etc.
• Financed implementation and soft costs (vehicle titling fees, service solutions, extended service contracts, BEV chargers and more) allowable up to 25% of original equipment cost


 

Equipment financing can provide:

• A match between the useful life of the commercial vehicles and the financing term
• Expedited and competitive access to capital:
- Typically no voter approval required
- No agency rating or bond insurance required
- No financial covenants required
- Typically no pledge of revenue or covenant to levy additional taxes required

Contact your McCandless Truck Center Sales and Leasing Representative for more details on our municipal financing options.