At Baystone Financial Group, we specialize in lease purchase financing (LPF) , allowing municipalities and nonprofit organizations to efficiently purchase vital equipment with no large, up-front cash payments. Lease purchase financing allows our clients to purchase property and equipment through installment lease payments, which can be made monthly, quarterly, semi-annually, or annually. As payments are made, the municipality or nonprofit entity - which maintains ownership of the equipment - builds equity in its investment. For municipalities, LPF is a year-to-year commitment to make lease payments, not a commitment to pay debt. Because LPF contains a non-appropriation or "funding-out clause," in most states, no voter approval is necessary to enter into the agreement. Baystone knows a nonprofit organization faces different challenges than a municipality. The service they provide to their communities is very important but they often deal with smaller budgets and more unpredictable funding obstacles. Unlike many financing companies, we don't expect nonprofit organizations to navigate the ins and outs of financing on their own. Even without formal financial statements, we can work with our clients to get the necessary information and close the deal. For purchases up to $500,000, you can take advantage of our Simple Funding Program for quick and easy credit approval. You can make finance requests by phone, fax, e-mail, or our website - whatever is most convenient for you.
View Top Employees from Baystone Financial GroupWebsite | http://www.baystone.net |
Revenue | $15 million |
Employees | 5 (5 on RocketReach) |
Address | 2627 Kfb Plz Ste 202E, Manhattan, Kansas 66503, US |
Phone | (785) 587-4050 |
Fax | (785) 537-4806 |
Technologies | |
Industry | Financial Services, Finance General, Finance |
Competitors | CSMFO California Society of Municipal Finance Officers, Diversified Lenders, Inc., Municipal Capital Markets, NW Financial Group, LLC, Rifco National Auto Finance Corporation |
SIC | SIC Code 62 Companies, SIC Code 628 Companies |
NAICS | NAICS Code 52393 Companies, NAICS Code 52 Companies, NAICS Code 523 Companies, NAICS Code 5239 Companies |
Looking for a particular Baystone Financial Group employee's phone or email?
The Baystone Financial Group annual revenue was $15 million in 2024.
Evan Howe is the Director of Baystone Financial Group.
5 people are employed at Baystone Financial Group.
Baystone Financial Group is based in Manhattan, Kansas.
The NAICS codes for Baystone Financial Group are [52393, 52, 523, 5239].
The SIC codes for Baystone Financial Group are [62, 628].