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Many EMS and combined volunteer fire departments need new and reliable replacement ambulances and apparatus immediately. One way of achieving this is through EMS leasing programs. EMS leasing programs, certainly tax-exempt leasing programs are at rates below commercial leases. In some situations, the lease can be paid with a grant that is obtained later. At VFD-Funding, we get the lowest possible tax-exempt lease rates (usually less than 5%) and we only charge a minimal fee compared to others who may promote simplicity, but charge 9.75% interest and fees. Their process is no simpler than ours and their rates are by no means deals. With our low-interest loans and tax-exempt leasing programs, we have the lowest rates and easiest terms of anybody. Our interest rates are generally 1/2 of what others are charging, our applications processes are easier, and we give you faster approvals. Leasing is different than bond issues, because leases are not considered debt and as in the case of municipal bonds, they do not require a public vote or special efforts on the part of your municipal leaders. This is not to say that it is not possible to use municipal bonds to payoff a lease obligation. Why Leasing Equipment May Be Your Best Option:
Need to refinance and/or consolidate your EMS department's loans and/or leases for your apparatus or equipment, for lower interest rates and lower and more affordable payments? Let us help you refinance your debts. We work with various leasing and tax-exempt leasing financial companies throughout the United States, so that we can get you the best terms and lowest rates possible for you to lease your ambulances, fire trucks and other equipment. Sometimes this includes the leasing companies associated with the apparatus manufacturers. We also help you and your community by writing the grants or selling the municipal bonds to either make your lease payments or to payoff the lease. In the very near future, as we get formal marketing and strategic alliances agreements, we will have more banners and links on this page for you to contact some of our leasing and municipal bond brokering partners directly to get immediate quotes. If your community chooses to fund your new apparatus and equipment through the issuing and sale of municipal bonds, we can help you and them by finding purchasing sources for these bonds. For acquisitions of EMS equipment which are funded by tax-exempt leases and low interest loans, we will do our funding processes for only a 1% fee and not require any up front money be paid as fees to us, when you shop with our preferred venders and advertising sponsors. As we find financing and funding for volunteer fire departments, we will refer our clients first to our sponsors first, because we know them and their levels of customer service. Our 1% fee is exclusively for our sponsors and preferred vendors, because we know they have reliable equipment, great customer service, and they sponsor us with advertising; so that we can keep our rates low at 1% for tax-exempt leases and loans. For non-sponsor and non-preferred vendors, our fees range from 3% - 5%, which are added to the price of the equipment. This is still more economical than others who charge as much as a compounded rate of 9.75% for their fees and interest on the leases/loans. So contact us at VFD-Funding today or fill out our convenient on-line feedback form, give us your wish list and tell us a little about your organization and then let's see what all we may be able to do for you and your rescue squad or EMS service. REMEMBER, there are NO up front costs or fees required. Last modified: July 19, 2007
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