KS StateBank has been awarded a contract to serve as an authorized supplier for HGACBuy, a national procurement cooperative for local governments and nonprofits that deliver government services. The bank’s government and nonprofit lending division, Baystone Government Finance, secured the four-year contract and is working with HGACBuy members.
“Companies must go through a competitive process to become HGACBuy suppliers,” Evan Howe, executive vice president of KS StateBank and director of Baystone Government Finance, said. “HGACBuy members that qualify will now have the option of funding the equipment, infrastructure and facilities they need through our tax-exempt lease-purchase financing agreements, also known as municipal leases.”
