John Deere Credit simplifies purchasing agents' jobs

John Deere Credit presents two leasing programs that make municipal and governmental budgets stretch to fulfill a variety of different needs. While the municipal lease offers a low-cost alternative to paying cash for equipment, the JDC FlexVantage lease allows agencies to lease equipment for short-term projects.

This new offering from John Deere Credit give municipalities and government agencies the flexibility they need to acquire equipment for specific short-term projects, such as weed abatement and short-term renovations. The governmental operating lease features include:

Low monthly payments;

Flexible terms to match projects;

Equipment purchase option at end of leasing term;

Re-lease or return option at end of leasing term; and

Non-appropriations of funds clause.

The municipal lease is specifically designed to allow purchasers to incorporate payments into operating budgets—eliminating budget-drain from large cost outlays. Features include:

Low-interest rates;

Low payments (with options for monthly, quarterly, semiannual or annual payments);

Up to a five-year lease;

Full ownership at end of lease term;

Non-appropriations of funds clause; and

Prepay without penalty.

For more information on these leases, contact your local John Deere dealer or visit the company's web site at www.JohnDeere.com.