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What is the difference between Bank Qualified and Non-Bank Qualified?

April 26, 2017Bank non-bank qualified

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What is the difference between Bank Qualified and Non-Bank Qualified?

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Bank Qualification means “Does the Public Agency reasonably expect to issue less than $10,000,000 in tax-exempt debt during the current calendar year?” Saulsbury Hill Financial funds both bank-qualified and non-bank qualified municipal leases and the difference is very subtle – with absolutely no obstacle to our serving your needs.