USA Government Financing Information
Government Capital Corporation is a leading public finance firm providing professional financing services to state and local government agencies. Since its founding in 1992, the company has successfully completed thousands of municipal and fire service project financings across the country.
Here are some general financing guidelines :
- Financing available to local governments, VFD's, Fire/Rescue Districts
- The cost needs to be as close to $40,000 as possible.
- Terms up to 5 years.
- Annual payments with possibility of deferring first payment until next budget year
- Usually no down payment
- Tax exempt financing with purchase option of $1.00 at end of term.
- Only board approval necessary.
- Other needed mission equipment, vehicles, etc. may be included in financing.