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NEC FINANCIAL SERVICES, LLC
1 PARK 80 PLAZA WEST
SADDLE BROOK NJ 07663-5806

TEL: (800) 451-5361
FAX: (800) 451-5360


http://www.neclease.com


NEC Corporation of America
NEC Gateway - U.S.
NEC Gateway - Global
NEC Worldwide

Meet Today's Financial Demands... With Flexibility for Tomorrow's Financial Planning

For Example...
School Administrators have their hands full these days…maintaining high educational standards while meeting taxpayers' demands. How to stretch the budget to meet a district's needs without having to go back to the voter may present a problem.


The Solution...


NEC Financial Services, with financing that is subject to annual appropriation. Our Municipal Lease Program includes single purpose leases and lease lines to help make tax dollars go farther toward financing equipment and related projects of all sizes.

Our financial specialists can help structure solutions that maximize your district's budget.

Begin by determining what your annual budget for a particular area will be over the next few years... technology, for example. By using the technology budget established for each school in your district, short term annual lease payments can usually be calculated at or below anticipated annual budget figures. You'll find that $100,000 in this year's budget may equate to $250,000 on a three year lease.

The effect of the lease is not only the ability to order needed equipment, but to double or triple your current buying power without going over budget!

If you're looking at upgrading or replacing technology, you will find leasing a beneficial method of acquisition. Ask one of our financial specialists to tailor a plan to make the transaction revenue neutral.

You can lease a wide range of equipment from NEC Financial Services including:

  • Telecommunication Systems
  • Computers & Data Networks
  • Visual Display, etc.

The NEC Financial Services' lease provides you with the flexibility for additional upgrades in future fiscal years… without going over budget or going to voters for approval. It's so simple it will make your budget planners smile.

NEC Financial Services has the ability to provide financing to any type of customer. We offer competitive rates and customized lease structures.

...And by utilizing the expertise available through syndication, even the largest transactions are made to look easy.




Who is eligible for a municipal lease?
Generally any government organization (city, county, state, local, special district or authority) including certain schools, universities, hospitals, fire districts, water districts and housing authorities.



The NEC Financial Services' Municipal Lease provides a district with these additional benefits:

ENHANCED CASH FLOW. Financing allows your school or district to spread the cost of an acquisition over several fiscal periods – leaving more cash on hand.

HEDGE AGAINST INFLATION. Since the cost of your would-be purchase is figured at the time of the lease, the equipment can be accuired at today's prices.

FLEXIBLE TERMS. At NEC Financial Services, we structure the terms of the lease around the useful life of the asset – financing as much as 100% of the acquisition.

LOW RATES. Because the interest on a municipal lease contract is exempt from Federal taxation, our leasing rates are often comparable to bond rates and there are no fees.

FULL OWNERSHIP AT LEASE END. NEC's Financial Services' Municipal Lease is structured with a nominal purchase option of $1.00 at the end of the term.


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