Episode 9: Financing Small Cities, Counties and Other Local Government Institutions
Listen on any platform below:
“There are about 130,000 municipalities in the United States. They spend about four trillion dollars a year. We show them how they can procure their assets more efficiently, and then subsequently finance those assets more efficiently as well.”
About the Interview
Local governments need to borrow money to pay for everything from new buildings to infrastructure such as water treatment facilities and equipment like fire trucks. For the largest cities and counties, borrowing takes the form of issuing bonds. Smaller local governments don’t have the same access to capital markets, creating interesting lending opportunities for investors. In this episode, Lance Holman explains his business of arranging loans for these smaller government bodies, and how these loans can deliver steady returns for investors.
Lance S. Holman
Holman Capital
Lance S. Holman President & CEO Holman Capital Corporation and Holman Capital Equity Partners provides debt and equity capital to fund the equipment, facility, energy and infrastructure needs of federal and state and local governments nationwide. Holman Capital Corporation delivers ideas and capital to public agencies to improve operational efficiencies, modernize facilities, and improve cashflows. Mr. Holman has also held management positions with US Bank, Banc One Leasing Corporation, Ford Motor Credit, SunTrust Leasing and Finance Corp. in fixed income sales and trading, global product strategy, and public finance. He has over 28 years of experience in financial product development, capital deployment, and institutional investments. Mr. Holman graduated from Indiana University with a B.S. in Public Finance in 1988 and the University of Colorado with a MBA & M.S in Finance in 1993 and a B.S. Mr. Holman resides in Orange County, CA.
