Municipal Financing

First Mid can help finance almost anything that is essential to the daily operation of your tax-exempt entity. Municipal and Tax-Exempt financing packages can be key in overcoming budget restrictions, while still allowing necessary equipment purchases to be made now and paid back over time.

Who is eligible for tax-exempt financing?

  • Municipalities
  • Townships & Villages
  • School Districts
  • Fire Departments & Districts
  • Sanitary Districts
  • Police Departments
  • Public Colleges & Universities
  • Hospitals
  • 501 (c) (3) organizations

What are the benefits of municipal financing?

  • No Down Payment – 100 % financing is available. Make equipment and vehicle purchases without having to use critical budget dollars.
  • Quick Application & Closing  – Application and closing are as fast as your entity’s process allows. Our established documentation process makes the entire application and closing quick and low cost.

If you want to explore how municipal financing can work for your entity, contact us to connect with a commercial lender in your area.