Evolv Solutions, LLC

Evolv Financial Services is a committed local partner

Evolv Financial Services specializes in public-sector equipment leasing for state and local governments and 501(c)(3) entities sponsored by local government conduits. We’re headquartered outside Kansas City, MO with three regional operating locations.  State and local governments are under great pressure to provide increasing levels of service to constituencies but, available funds seldom keep up with this increased demand. One valuable tool these entities possess is the ability to issue obligations on a tax-exempt basis. The tax-exempt lease benefits the government in a variety of ways, including:

• Lower Interest Rates – The interest rates on tax-exempt lease/purchase transactions are lower than those offered on comparable taxable transactions and thus save you money.
• No Bond Election Required – In nearly all cases, no expensive, time-consuming bond election is required. Since the lease contains a non-appropriation of funds clause, it does not count against the government’s debt limit, nor is it subject to normal debt incurrence procedures.
• Acquire Current Technology – Obtain tech refresh, upgrades and modifications smoothly and easily. With a master lease structure, the government can acquire new technology as it is developed or required without beginning the financing process from scratch.
• 100% Financing – Lease the entire asset solution, including desktop, network and datacomm hardware, software, services and incidental equipment.
• Wide Range of Assets – Leasing is not just for IT acquisition. Any asset essential to the government’s operation can qualify for a leasing program.
• Convenience – With leasing, the government gets vital equipment immediately with far less complicated documentation than for a bond and can structure the lease so that the equipment is paid for over its useful life.
• Flexibility – Leases can be long or short, paid monthly, quarterly or annually and can be tailored to match the ways in which project funds are expended and benefits from equipment are obtained.

Extensive regulatory knowledge, powerful solutions

We can assure our agreements reflect lease payments as current expenses and comply with federal, state and local laws. Our service team will help you find a financing solution using a combination of our products and services: Tax-exempt Leases, Operating Leases, Escrow Management and Project Financing.

Less red tape, reduced responsibility

At all levels, Evolv Financial Services is outstanding at simplifying the process. Regardless of the size of your constituencies, we provide standardized lease documentation, quick processing and a skilled, responsive service team to help you. Because we also assume all credit and non-appropriations risk, you can enjoy the trust and peace of mind you need to focus on your customers and goals.