What Public-Finance.Com does

Public-Finance.Com is a privately held municipal leasing company founded in 2016 that provides tax-exempt lease-purchase financing to government entities throughout the United States. The company is led by President Larry Gray and operates from a headquarters in Louisville, Kentucky, with regional offices in Evansville, Indiana; Franklin, Indiana; and Allentown, Pennsylvania, supported by a small team of 1-10 employees. Its core product is a municipal lease-purchase agreement platform that allows cities, towns, villages, counties, school districts, public hospitals, public safety departments, utility districts, state universities, park departments, Indian Nations, and qualifying non-profits to acquire essential equipment and facilities using annual tax revenue streams, structured as installment sales contracts payable from current appropriations rather than as long-term debt. The company's underlying technology is the structuring capability itself, not a software platform: lease agreements are customized document-by-document, with terms ranging from one to fifteen years and flexible payment schedules (monthly, quarterly, semi-annual, or annual, in advance or arrears), and the regulatory insight that municipal leases are not classified as debt under state and local law, eliminating the need for voter referendums.

The business model is built on recurring interest income from these tax-exempt lease-purchase agreements, with interest rate savings from federal tax exemption passed directly to municipal clients. Pricing is quote-based and customized per transaction, with no upfront fees, no down payments, and no issuance costs for most arrangements. The go-to-market is a direct field-sales model with regional representatives covering Kentucky, Indiana, and Pennsylvania, supplemented by a publicly accessible website with downloadable PDF applications and a phone-based application process (800-676-4623). Additional product modules include Master Lease Programs (consolidating multi-department equipment needs into a single agreement), revolving Credit Lines, Early Purchase Options, Single Purchase Leases, Special Payment Structures, and Escrow/Advance Funding. The LEAP-IN program provides Indiana-specific financing endorsed by the Indiana Association of Cities and Towns, serving all Indiana municipalities regardless of size. Marketing channels are limited to organic social (LinkedIn, Facebook) and website SEO, with no paid acquisition, no app, and no public API.

Name

Public-Finance.Com

Legal name

Public-Finance.com

Website

https://public-finance.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Public-Finance.Com is a privately held municipal leasing company founded in 2016 that provides tax-exempt lease-purchase financing to government entities across the United States, including cities, school districts, public hospitals, and non-profits, via a direct field-sales model with regional offices in Kentucky, Indiana, and Pennsylvania.

Ownership category

akta.pro rank

Product category

Municipal Leasing

NAICS

Sales Financing (52222)

SIC

Finance Lessors (6172)

akta.pro primary industry

Municipal Finance, Treasury, Budget & Procurement (BPAIACAC)

Keywords

• Municipal lease financing
• Tax-exempt equipment leasing
• Government lease-purchase
• Public sector financing
• Municipal bond financing

Headquarters

HQ city

Franklin

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Municipal Lease-Purchase Financing: The company generates revenue through interest payments on municipal lease-purchase agreements. These are tax-exempt financing arrangements where municipalities make payments from current appropriations rather than incurring long-term debt. Interest rates are tax-exempt (passing savings from federal income tax exemptions to municipalities), with no up-front costs of issuance.

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels3 records

Core offering

Public-Finance.com provides tax-exempt municipal lease-purchase financing to U.S. government entities and eligible non-profits, enabling them to acquire essential equipment and facilities through installment contracts payable from current appropriations. The company structures fixed-rate, multi-year agreements (typically 1–15 years) with flexible payment frequencies, transferring full equipment ownership to the lessee at the end of the term without voter referendums or debt issuance. Its services are delivered via direct regional sales offices covering Kentucky, Indiana, and Pennsylvania, and a dedicated Indiana program (LEAP-IN) endorsed by the Indiana Association of Cities and Towns.

Product overview

Public-Finance.Com operates as a municipal leasing and bond financing platform offering a single unified product line centered on municipal lease-purchase financing. The core Municipal Lease-Purchase Financing product enables municipalities to finance essential equipment using annual tax revenue streams. This core offering is enhanced by the Master Lease Program for consolidated multi-department financing, with additional modules including Credit Lines, Early Purchase Options, Single Purchase Leases, Special Payment Structures, and Escrow and Advance Funding. The LEAP-IN regional program extends these services specifically to Indiana municipalities under an endorsement from the Indiana Association of Cities and Towns. Lease terms range from one to fifteen years with payment flexibility (monthly, quarterly, semi-annually, or annually, in advance or in arrears).

Differentiator

Problem solved

Functional benefit

Products and services

• Municipal Lease-Purchase Financing Tax-exempt lease-purchase financing offered to municipalities, cities, counties, school districts, hospitals, and other public entities. Customers pay for essential equipment or facilities using annual tax revenue streams under fixed-rate, multi-year installment contracts, with ownership transferring to the municipality at lease end.
• LEAP-IN (Local Equipment Acquisition Program for Indiana) Regional lease-purchase financing program dedicated to Indiana municipalities (cities, towns, and townships), endorsed by the Indiana Association of Cities and Towns. Provides direct financing for equipment essential to government operations for municipalities of any size.
• Master Lease Program Standalone lease line that consolidates equipment needs across multiple municipal departments into a single agreement, providing guaranteed favorable terms for subsequent transactions without re-bidding or re-negotiating each purchase.

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Indiana Association of Cities and Towns (IACT)coreGTM or Marketing PartnerPublic-Finance.com's LEAP-IN program has been endorsed by the Indiana Association of Cities and Towns, providing a verified endorsement for the company's municipal financing services in Indiana. This endorsement helps market the LEAP-IN financing program to all Indiana municipalities.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• KS StateBank: Kansas-based state-chartered bank with one of the largest dedicated municipal lease-purchase programs in the U.S. Competes head-to-head with Public-Finance.com on small-to-mid-sized municipal equipment deals; broader banking charter provides structural funding advantages.
• PNC Public Finance: Public finance division of PNC Financial Services Group offering municipal lease-purchase, bond, and equipment financing to state, local, and non-profit government clients. A scaled competitor with deep municipal relationships across PNC's Midwestern and Eastern footprint.
• Huntington Public Finance: Public finance arm of Huntington Bancshares providing tax-exempt and taxable lease-purchase financing to municipalities, school districts, and other governmental entities. Competes in the same municipal equipment finance vertical with substantially larger balance sheet.
• Key Government Finance: Public finance and equipment leasing division of KeyBank, one of the largest U.S. regional banks. Offers tax-exempt municipal lease-purchase and project financing directly to state and local government clients across KeyBank's geographic footprint.
• US Bancorp Public Finance: Public finance division of U.S. Bancorp offering municipal lease-purchase and equipment financing solutions to governmental and non-profit entities. Competes across similar deal sizes with the funding cost advantage of a top-five U.S. bank holding company.
• Bank of America Public Finance: Public finance subsidiary of Bank of America providing tax-exempt lease-purchase financing, bond underwriting, and equipment leasing to municipalities and non-profits nationwide. A scaled bank-affiliated competitor with national coverage.
• JPMorgan Equipment Finance: Equipment and asset-based lending division of JPMorgan Chase providing municipal and government equipment lease financing. Competes on larger municipal deals where balance sheet capacity and treasury-bundled relationships are decisive.

Direct peers

• Government Capital Securities: Privately held specialty finance firm focused exclusively on municipal and non-profit lease-purchase financing across the United States. Directly comparable niche, customer base (municipalities, school districts, public safety), and product offering (tax-exempt lease-purchase with flexible terms).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Public-Finance.Com