August 4, 2014 - (New York, NY) GSG Financial LLC, a leading independent equipment finance company, announces the launch of GSG Municipal Finance. In response to the increasing demand for creative and flexible leasing solutions for state, local government and municipalities. GSG is increasing its focus on being the provider of choice for vendors, end users and other financial institutions in the delivery of equipment leasing solutions that match the needs of this specialized market.
“With this launch, we are formalizing our approach to what has been an important value added service we provide to the municipal market” said Kiran Kapur, President of GSG. “Our customer centric approach differentiates us when working with vendors and end users to deliver solutions that fit with the demanding requirements local municipalities, governmental organizations, and educational institutions.”
GSG Municipal Finance works closely with vendors or financial institutions to support municipal clients seeking equipment financing. “Often vendors experience challenges when working with other leasing partners at end of lease or when looking to upgrade customers” explains Andrew A. Bender GSG’s Chief Executive Officer. “GSG’s Municipal Finance Program provides the vendor with the right to purchase or upgrade the lease at any time at a favorable price. It also allows the vendor and customer to structure a tax exempt financing or a commercially priced fair market value lease. This is a great example of a program where GSG offers customization and personalized solutions to satisfy both the vendor and their customer.”
GSG leadership has a long history and proven experience in successfully originating municipal financings to support equipment purchases across office products, technology and diversified industrial equipment sectors. GSG customizes financing to fit clients needs, and has the ability to bundle multiple brands and equipment types into one packaged offer. By partnering with GSG Municipal Finance, vendors can focus on selling and municipalities can focus on procuring the solutions they need, while GSG provides the financial expertise to bring it all together.
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GSG Financial is an independent equipment lessor and financial solutions provider based in New York City. GSG partners with organizations to facilitate capital acquisitions through personalized service and customized financial products. The company’s core offerings consist of operating leases, capital leases and equipment finance agreements structured to meet the unique needs of each client. GSG’s primary industry sectors include Converged Technologies, Diversified Industrial, Copy & Print and Energy. GSG leverages relationships to effectively connect vendors, end users and financial institutions with flexible financial packages. The signature single point of contact approach connects clients with the same experienced account executive from the beginning of the credit process to the time the equipment lease or loan is finalized.
For more information on GSG Financial, visit www.gsgfinancial.com or call 212-602-1183.