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Leasing as a Fix for Municipal Bond Woes Centered in New York
New York based CIC Leasing Corp president Leonard Rochwarger argues leasing bonds to fund city and school needs avoids capital outlays and tax benefits hurdles. He notes leases cover items from street machinery to medical equipment and can hedge obsolescence while easing public appeals for donations. A five year plan on ten thousand dollars or more for office gear attracts many young doctors and dentists who can acquire equipment via affordable rentals with option to buy at ten cents on the dollar.
MENTIONED IN THIS ARTICLE
New York
UPI
Leonard Rochwarger
CIC Leasing Corp
Rochwarger
Blue Cross
Medicare