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GSG announces formation of GSG Municipal Finance

Tuesday, August 12, 2014

Press release from the issuing company

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 customizable 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 client’s 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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