Equipment Leasing Program (ELP)
The Authority has established an Equipment Leasing Program (ELP) to provide tax exempt financing for equipment.
Financing can either be placed with a specific lending institution or bid out to multiple lenders using the Authority's standardized documents. Your choice!
Who Can Participate?:
Any institution that is qualified to borrow from the Authority under RSA 195-D is eligible to be a borrower under this program.
The Authority, Authority's counsel, bond counsel, and escrow agent fees are fixed.
*There are additional fixed bid agent fees if the bid process is used.
*Fees are based on the use of HEFA's standard documents. Bond counsel and HEFA counsel fees may increase if the standard documents are not used.
Size of Borrowing:
The lease term, usually 1-10 years, is determined by the institution based upon the useful life of the leased assets.
For an application or additional information, contact:
David C. Bliss, Executive Director
New Hampshire Health and Education Facilities Authority
P.O. Box 2110
Concord, NH 03302-2110