Baystone Government Finance/KS State Bank Logo

Company Info

2627 KFB Plaza, Suite 110E
Manhattan, KS 66503

David Burr

Primary Contact

Karen Neathery

Alternate Contact
Baystone Government Finance/KS State Bank is a:
Last Update: 03/13/2025

Core Business Focus

Baystone Government Finance is the municipal and non-profit lending division of KS StateBank, a privately owned, full service, community bank in Manhattan, KS. Baystone has been helping the broker and vendor community navigate the complex environment of public finance by providing financial solutions to state and local governments since 1987. Baystone’s experience and expertise in public finance provides our clients the ability to offer municipal financing to their customers nationwide. As one of the country’s largest municipal lending teams, Baystone underwrites, documents, funds and services a wide range of short and long term financing vehicles, including: Lease Purchase Agreements; Rental Agreements or Operating Leases; Abatement Leases; Interim Construction Financing; and other various forms of public finance. Baystone Government Finance is highly committed to serving the municipal leasing industry. Over a 30+ year period we have developed our finance programs, which are detailed and comprehensive, yet incredibly simple. As a community bank, Baystone offers extreme flexibility and personal attention to every transaction, which allows us to develop and maintain long term partnerships with our clients.

Company Type

Bank

Type of Funding Source/Buyer

Lender

Annual Volume Funded

100-250 Million

Credit Criteria

  • Municipal / Government

Transaction Size

Highest

Average

Lowest

$20,000,000.00

$250,000.00

$5,000.00

Lease Terms

Longest

Average

Shortest

180

36

1

Lease Structures

  • Tax-Exempt Municipal Lease
  • Operating Lease
  • Vendor Finance

Originates Paper?

Yes

Syndicates/Sells Paper?

No

Equipment Types We WILL Finance

  • Agricultural
  • Aircraft
  • Automobile
  • Broadcast / Video
  • Buses
  • Cable / Communications
  • Construction
  • Emergency Vehicles
  • Furniture / Fixtures
  • Gaming
  • Graphic Arts
  • Intermodal
  • Laundry / Drycleaning
  • Machine Tool
  • Marine
  • Material Handling
  • Medical
  • Mining
  • Modular Buildings
  • Project Finance
  • Rail
  • Recreation / Fitness
  • Recycling
  • Renewable Energy
  • Restaurant
  • Software
  • Technology
  • Trucks and Trailers
  • Utility
  • Waste Removal

Equipment Types We WILL NOT Finance

  • Oil and Gas
  • Packaging / Plastics
  • Retail

Industry Financing Preferences

Municipal and Nonprofit

Our Company is a(n):

Asset-Based and Credit Lender

Accepts Soft Assets?

Yes

ELFA Business Councils

Bank

Start of the Fiscal Year

January