In some cases your need may not be able to wait on funding. We can help, we offer very low interest financing to government agencies and non-profits.
These are based on recent approvals at the end of 2019:
- $72K Depending on payment structure: 4.2% - 4.7%
- $140K Depending on payment structure: 3.3 - 3.7%
- $223K 2.8%
We are able to offer monthly, quarterly, semi-annual or annual payments in arrears.
Other advantages to you of the type financing we provide include:
- This is a full payout agreement; there is no residual value
- There are no documentation fees of any kind
- Ownership of the equipment belongs to the customer from the beginning of the agreement
- There is not penalty for early payoff/termination of the agreement
- The documentation language includes the Non-appropriation of funds clause (annual appropriation/funding out language)
- The type financing we provide is not considered long-term debt and does not create debt past the current fiscal year
- The documentation includes an Amortization Schedule reflecting the payoff at any point in the agreement
- Other items (including vehicles, radios, computers, K9 officers & equipment) may be added to the agreement
- Rates do continue to drop as the dollar amount increases.