Apparatus Financing Company Has Already Invested $3 Million of the $10 Million Committed in Lower Interest Rates
First Bankers has invested over $3,000,000 since announcing its 2010 low rate commitment last month. Only $7,000,000 remains available from this commitment. During this time, First Bankers has reportedly saved fire departments over $150,000 in wasted interest based on money-saving ideas using its exclusive “FireLending Process.”
John R. Hill, President of First Bankers, had explained the basis behind this commitment. “We understand that budgets have never been tighter. Our $10 million commitment is multiplied when our proprietary FireLending Process finds hidden costs in most financing offers. We are pleased that we can stand by fire departments in these extraordinary times.”
This program is for the purchase of new fire trucks only. The financing terms offered range from 3 to 15 years.
More information about First Bankers is available at www.firstbankers.net.
First Bankers Corporation, established in 1999, is an Indianapolis, INbased firm specializing in financing for fire departments.