California School Bus Financing

Electric School Bus Financing for California Districts

Close the gap between EPA Clean School Bus or HVIP awards and the total delivered cost of your electric bus fleet. We structure tax-exempt lease-purchase financing that waits on grant reimbursement, not on your cash reserves.

Why Districts Need Bus Financing Even After a Grant Award

Most grants do not cover 100% of the project. Charging infrastructure, delivery, installation, and training can push the total cost well above the award. Meanwhile, vendors need a purchase order and the district needs buses in service. A tax-exempt lease-purchase fills that space.

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Grant Gap Coverage

Finance the difference between the grant award and the full project cost, including charging hardware and installation.

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Reimbursement Timing

Structure payments to begin after grant reimbursement or after the buses are in service, protecting cash flow.

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Appropriations Compliant

Leases are structured as non-debt obligations that fit California district appropriations law and board approval processes.

How Electric Bus Financing Works

01

Confirm the Award

Share the grant award letter, vendor proposal, and project timeline so we know the full funding gap.

02

Structure the Lease

We build a tax-exempt lease-purchase with a term and payment schedule that matches the grant reimbursement plan.

03

Fund and Deploy

The funder pays the vendor or reimburses the district. Buses and chargers are delivered and payments begin on schedule.

Related Insights

Get a Quote for Your Electric Bus Fleet

Send us the grant award and vendor proposal. We will return a structure within 48 hours.

Request a Quote Estimate Payments