Lease Financing – Maryland State Treasurer

The State Treasurer’s Office provides lease financing opportunities for State agencies and higher education institutions for capital equipment and energy efficiencies. Periodically the State Treasurer’s Office procures a lessor, who is paid semi-annually (January 1 and July 1) from funds transferred at the beginning of each fiscal year from the appropriate agency. The term of finance for eligible capital equipment that meets the Lease Purchase Financing Guidelines established by the Office is typically three- or five-years. Financings through the Energy Performance Lease-Purchase program generally extend for terms of 13 to 15 years. The annual savings from the Energy Performance Contract is required to cover these lease payments.

NO Lease financing invoices should be paid in advance without approval from the State Treasurer’s Office.

Forms

Guidelines

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Documents

Sample Equipment Lease Documents

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Introduction

The State Treasurer’s Office (“STO”) is an agency of the State of Maryland. Information on Maryland State General Obligation Bonds will be available to you after you read and acknowledge this disclaimer. The Official Statements linked to the Debt Management section of the STO website (the “Official Statements Webpage”) is the only information on this site intended to reach the investing public, including Maryland State General Obligation bondholders, rating analysts, financial advisors, or any other members of the investment community.

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