The large fire apparatus manufacturers such as Pierce, Rosenbauer, E-One, KME, Ferrara, etc. offer financing for their apparatus.Full disclosure: Our company serves some fire truck manufacturers and also helps directly with the fire department no matter the manufacturer. We've seen it all.
What are the benefits to financing your new apparatus with the manufacturer financing company?There are a few benefits in financing with the manufacturer.
First, it's convenient. You won't have to chase down different financing companies and spend hours comparing offers. The manufacturer will usually get all the information for you and will probably even help answer your questions.
Second, there is no learning curve. The manufacturer and financing company work together often and already have a system to make things easy.
Finally, there is expertise. The manufacturer usually only works with someone who is an expert in fire truck financing. The financing company should be familiar with all the rules and procedures.
SummaryThere are benefits to financing your new fire engine with the manufacturer. Next week, we'll look at the cons and the myths the following week.
If you want to learn more about financing fire apparatus, get your free Fire Truck Financing Kit by clicking here.
John R. Hill