Lease Program
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Customized financing solutions that fit your need.  Leasing provides the capital resources to address specific playground and recreation equipment needs, with flexible terms tailored to a customer's budget.

Applying is quick and easy, and depending on the size of the purchase, may be underwritten in a few days.

Much of the equipment carried by FUNdamental Playgrounds is pre-approved for commercial underwriting and will make the approval process simple.  A wide variety of equipment can be covered including:

  • Playground equipment
  • Sports lighting
  • Recreational & sports surfacing
  • Park Equipment
  • Park site amenities
  • Including installation & surfacing

Leasing programs provide financing alternatives that minimize near-term capital outlays which may include:

  • Secured debt placement
  • $1.00 buyout leases
  • Municipal leases

Leasing

Leases allow you to take possession of equipment very quickly and preserve your capital that may be required in a purchase.  Leasing can also provide significant tax advantages. Traditional lease customers include:

  • Private & charter schools
  • Churches & church schools
  • Private associations & clubs
  • Apartment & HOA managers

In lease programs you can finance not just the purchase of equipment but the cost of installation as well.

Municipal Leasing

A custom designed program for municipalities. Customers who are bound by annual operating budgets can optimize the use of capital at their disposal.  Municipalities benefit from leasing through:

  • Financing rates are competitive with bonds
  • Leases offer flexibility in timing
  • No public referendum required

Under Section 103 of the IRS code, the following types of government are eligible for Municipal leasing programs:

  • States
  • Cities
  • Counties
  • School districts
  • Public universities
  • Special purpose (parks, utilities, etc   

Under Section 501(c)(3) of the IRS Code, the following types of institutions may be eligible:

  • Hospitals
  • Clinics
  • Colleges
  • Museums

Loans

In addition to leasing programs we offer credit worthy organizations structured capital support though financing loans for equipment purchase.

Call us to discuss your specific needs and what programs your organization may qualify for.

FUNdamental Playgrounds provide leasing and loans through Shane Group Capital Corporation (SGCC) and various commercial banks.

 

FUNdamental Playgrounds 1-800-230-6994