In many instances, the payment plans (and interest rates) offered in equipment supplier proposals are based on a supplier's cost of capital or credit strength - commercial companies with commercial interest rates. On the other hand, the interest rates and financing plans offered through the CSU Tax Exempt Financing Program are based on the credit strength and tax-exempt status of CSU - which means lower costs, flexible structures, and streamlined documentation. You'll spend less time and less money obtaining your lease financing services, from an approved lender, like Providence Capital, of the CSU Tax Exempt Financing Program.

Suggestion : Have your value-added equipment supplier contact us. We'll structure a financing plan that maximizes the impact of your purchasing dollar, and helps them to get paid quickly.

The CSU Tax-Exempt Commercial Paper / Equipment Financing Program is a reimbursement plan that requires your agency to expend needed dollars upfront, and then to wait for a subsequent commercial paper issuance and funding cycle in order to receive reimbursement of expended dollars. In addition, the CSU Tax-Exempt Commercial Paper / Equipment Financing Program has stringent guidelines established for the useful life of assets that can be financed; in some cases, this results in a shorter financing period and a higher payment amount.

Suggestion : Save time and needed financial resources by utilizing the CSU Tax Exempt Leasing Program and Providence Capital.