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Indiana Bond Bank
Hoosier Equipment Lease Purchase (HELP) Program
Description of Program
Assists communities in acquiring essential equipment through a standardized and streamlined lease-purchase process
Standard lease terms
Repayment flexibility; monthly, quarterly, semi-annual, or annually
Eliminates the need to bid financing (IC 5-1.5-8-3c)
Rates are updated daily
Over 200 communities assisted
- Complete application
- Submit certain financial information
Most recent audit report
Most recent annual report
- Approval process usually within seven business days
Applications can be submitted at any time. Upon approval from the Indiana Bond Bank Board of Directors and credit approval from the Bond Bank lender, only lease documentation is required to complete the transaction.
The Indiana Bond Bank updates its rates for the HELP Program on a daily basis and is committed to providing Indiana Municipalities with the most competitive tax-exempt rates available in today's market.
For an updated interest rate quote please call Ron Mangus at 317-233-0091, 800-535-6974 or email email@example.com for updated HELP interest rates.