Maine Municipal Bond Bank
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Lease Purchase Financing is a cost-effective and tax-exempt alternative for financing capital equipment and technology purchases. The Bond Bank does not lend money directly, but provides a fast and convenient service to governmental entities by conducting the competitive bid process on their behalf. The Bond Bank forwards the lease information to a list of bidders and then presents the submitted bids to the governmental entity for consideration.
Eligible Borrowers
Eligible Projects
Application Deadline
Interest Rates
Minimum/Maximum Loan Amount
Competitive Bidding Process
Issuance Costs & Fees
Term
Repayment Schedule
Prepayment
Receipt of Funds
Contact Information
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127 Community Drive PO Box 2268 Augusta, ME 04338 1-800-821-1113
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