San Diego County Capital Asset Leasing Corporation

San Diego County Capital Asset Leasing Corporation (SANCAL) is a non-profit benefit corporation that plays a crucial role in facilitating the acquisition, installation, and construction of public purpose improvements to real property and equipment for the County of San Diego. Through lease financing arrangements with the County, SANCAL provides essential financial support to help bring necessary projects to fruition.

In simple terms, SANCAL acts as a financing partner, enabling the County to access the capital needed to make significant improvements that benefit the public. The organization's mission is deeply rooted in the belief that these investments contribute to the betterment of the community. SANCAL's support extends to the acquisition, installation, and construction of various assets, with a primary focus on real property and equipment. By offering lease financing arrangements, SANCAL enables the County to make these investments without incurring large upfront costs, allowing resources to be allocated where they are needed most.

The financial structure of SANCAL's operations is designed to generate revenue primarily through base rental payments. These payments fund the principal and interest payments required to bondholders, ensuring the sustainability of the financing arrangements that SANCAL facilitates. By focusing on base rental payments, SANCAL contributes significantly to the County's ability to invest in public purpose projects, ultimately improving the lives of residents and enhancing the community as a whole.