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  1. #1
    Forum Member
    Join Date
    Apr 2006
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    3

    Default funding for vol fire

    through a little known law, Government Capital is able to fund vol fire dept buildings (finance new ones, or refinance old ones).

    Our company has completely over 4000 transactions and fundings in every state. This is a tremendous service and saves tons of money for vol fire departments.

    Anyone interested. I am new to this site.


  2. #2
    MembersZone Subscriber
    Join Date
    Jun 2002
    Location
    Gloucester County, NJ
    Posts
    36

    Default certainly

    Quote Originally Posted by bthomas2317
    through a little known law, Government Capital is able to fund vol fire dept buildings (finance new ones, or refinance old ones).

    Our company
    Presuming this is not spam, certainly we’re all out here looking to get the best stretch for our dollars, new buildings, refinancing - tell us more please….

  3. #3
    MembersZone Subscriber
    Join Date
    Dec 2002
    Location
    Rural Iowa
    Posts
    3,106

    Default

    Any financial institution can make an "essential community service" loan. And most will be eager to do so as meets their community lending requirements, if repayment is from tax receipts they are very sure of getting repaid, and the security (lein on the truck/equipment) is marketable.

    Make sure your city attorney provides and letter/statement of "essential community service" to the bank for their files. You should save about 2 points on the interest rate and the loan is tax free for the bank (they pay no income taxes on the interest received).

  4. #4
    Forum Member
    Join Date
    Jun 2001
    Location
    Lawng Eyeland, New Yawk, USA
    Posts
    354

    Default

    Ahem...doesn't this posting violate the forum rules about posting blatantly commerical postings? If the rules apply to one, they should apply to all...

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