GSBA can assist districts with a variety of finance programs, allowing for cost and time efficiency.
In partnership with GSBA, the Georgia Municipal Association (GMA) has two financing programs available to school boards: the Direct Lease Program and the Bricks & Mortar Program. Since 1990, GMA has completed 3,773 lease purchase transactions in excess of $1.2 billion for cities, school districts and county governments.
Bricks & Mortar Program
Long-term financing of essential school real estate projects is provided through GMA’s Bricks & Mortar program. In addition to the standard documentation, GMA uses the economies of scale approach to keep the costs associated with the financing to a minimum for its membership.
Direct Lease Program
Direct Lease program provides school boards with low-interest installment leases for the acquisition of essential equipment. You can take advantage of flexible payment terms and own the equipment at the end of the term.