PWRA Financial Services

PRWA Financial Services Equipment Leasing Program

Applying for a Lease

Why Leasing?

It is a Simple process for Pennsylvania Municipalities, Governments etc. because:

  • Not considered “new debt”
  • No referendum is required
  • Quick turnaround on approvals
  • Minimal upfront costs
  • No expensive legal opinions
  • Flexible payment terms
  • Terms to match useful life of equipment
  • Easier budgetary appropriation
  • Tax-free rates

Lease Options

  1. Finance (Capital) Lease – sometimes referred to as a $1 Buyout or Full Payout Lease. This is most like the structure of a loan. The benefits of this type of structure are:
    • Minimal use of capital
    • The customer depreciates the asset
    • Ultimately owns the asset
    • Payments structured to meet operating budget
  3. Operating Lease – sometimes called a “True Tax” Lease. PRWA structures this type of lease as an “Off Balance Sheet” transaction, whereby the funding source depreciates the asset and shares the residual risk at the end of the term. The benefits of this type of lease are:
    • Shared residual risk at end of the term
    • Asset can be purchased at the end of the term for a preset residual value
    • Payments structured to meet operating budget

Complex Leases / Simple Solutions

Flexible Structures:
PRWA Financial Services provides a financing structure that will accommodate the borrower’s cash flow – Flexible Payments are available for seasonal businesses.

Bundled Financing:
PRWA Financial Services is committed to making the leasing process as easy as possible. That’s why we offer unique and innovative “bundled financing” and leasing programs that include the entire cost of acquiring the equipment – including attachments in a single transaction. This may include consolidating existing debt to create the convenience of one single transaction for equipment debt.

Equipment Types

  • Industrial
  • Construction
  • Manufacturing
  • Paving
  • Forklifts
  • Cranes
  • Mining
  • Office
  • And many, many more…

Why PRWA Leasing?

  • Competitive Rates
  • Flexible repayment terms
  • Size and Diversity of products we Lease
  • Commitment to Relationships
  • Custom Solutions
  • Simplicity


Download and Fax your Lease Application Now!