The Watchdesk Post
Browse: Home / firefinanceguy.com

firefinanceguy.com

Fire Truck Financing & Leasing: RFP mistake #4

By admin on February 29, 2012

The goal of every RFP I’ve seen is to provide the best financing option. So, why do those RFP’s almost always hurt rather than help?RFP mistake #4If you asked for the information based on the last three weeks of suggestions, you really won’t make a mistake. You’ll have the data to easily avoid this mistake.The final mistake is to not compare proposals on an equal basis.

Posted in Funding & Finance | Tagged biography, budget, consolidation, finance, financial, financing fire truck, fire, firefinanceguy.com, georgia, indianapolis, ipad, irs, truck-financing, united states | Leave a response

Fire Truck Financing & Leasing: RFP mistake #3

By admin on February 22, 2012

The goal of every RFP I’ve seen is to provide the best financing option. So, why do those RFP’s almost always hurt rather than help?RFP mistake #3Most departments fail to request information that will provide consistent and comparable proposals.After your department has determined the exact financing term that fits your situation, a high quality proposal should require the following information:

Posted in Funding & Finance | Tagged biography, budget, department, finance, financing fire truck, fire truck bidding rules, fire truck costs, firefinanceguy.com, georgia, indianapolis, rfp. proposal, truck, truck-financing, truck-leasing, united states | Leave a response

Fire Truck Financing & Leasing: RFP mistake #2

By admin on February 15, 2012

The goal of every RFP I’ve seen is to provide the best financing option. So, why do those RFP’s almost always hurt rather than help?RFP mistake #2Most departments don’t have the experience to ask for the financial reporting they really want

Posted in Funding & Finance | Tagged biography, budget, department, financial, financing fire truck, fire, fire-truck, firefinanceguy.com, georgia, indianapolis, refinancing, rfp. proposal, truck, truck-financing, truck-leasing | Leave a response

Fire Truck Financing & Leasing: RFP mistake #1

By admin on February 8, 2012

The goal of every RFP I’ve seen is to provide the best financing option. So, why do those RFP’s almost always hurt rather than help?RFP mistake #1The biggest mistake I see every day is most financing RFP’s are designed to gather information rather than actually solicit responsive and effective bids.Most financing RFP’s ask for best interest rate on one or maybe a few different years (i.e., 5, 7

Posted in Funding & Finance | Tagged biography, budget, consolidation, department, finance, financial, financing fire truck, fire-truck, firefinanceguy.com, georgia, ideas, indianapolis, rfp. proposal, truck-leasing, united states | Leave a response

Fire Truck Refinancing: How to not blow a lot of money

By admin on February 1, 2012

Last week we showed how one department refinanced their aerial loan, lowered their rate, and wasted over $62,000.This week, we’ll show you what they could have done smarter and would have saved them money.BackgroundThe Department lowered their rate by almost 2% but paid almost $68,000 in fees for the new loan. These fees wiped out any savings from the lower rate. The refinancing bank was only

Posted in Funding & Finance | Tagged biography, budget, consolidation, department, finance, financial, fire, fire truck leases, firefinanceguy.com, georgia, irs, truck-leasing, united states | Leave a response

Fire Truck Leasing: How to save money – Part 7

By admin on January 18, 2012

Most departments get the wrong information in trying to save money for a lease or a loan for their fire truck. They want to know how to save $$$ but they only ask about the %.We advised that Total Borrowing Cost is the best method to compare financing offers. Now, how do we use Total Borrowing Cost to save money?All facts are not the truthEveryone knows to ask about the interest rate, but can

Posted in Funding & Finance | Tagged biography, budget, department, finance, financial, financing fire truck, fire, fire-truck, firefinanceguy.com, indianapolis, irs, tax-exempt leases, truck, truck-leasing, united states | Leave a response

Fire Truck Leasing: How to save money – Part 6

By admin on January 11, 2012

Most departments get the wrong information in trying to save money for a lease or a loan for their fire truck. They want to know how to save $$$ but they only ask about the %.We advised that Total Borrowing Cost is the best method to compare financing offers.

Posted in Funding & Finance | Tagged budget, consolidation, finance, financing fire truck, fire truck loans, firefinanceguy.com, firetruck for sale, lease purchase analysis, truck, united states | Leave a response

Fire Truck Leasing: How to save money – Part 5

By admin on January 4, 2012

Most departments get the wrong information in trying to save money for a lease or a loan for their fire truck. They want to know how to save $$$ but they only ask about the %.We advised that Total Borrowing Cost is the best method to compare financing offers.

Posted in Funding & Finance | Tagged biography, budget, consolidation, department, finance, financial, financing fire truck, fire, fire truck grants, fire-truck, firefinanceguy.com, indianapolis, irs, truck-leasing, united states | Leave a response

Fire Truck Leasing: How to save money – Part 2

By admin on December 14, 2011

Most departments get the wrong information in trying to save money for a lease or a loan for their fire truck. They want to know how to save $$$ but they only ask about the %.Here’s the information to save the most moneyWhen receiving fire truck lease or loan financing offers, request the Total Borrowing Cost. This is the total amount you’ll pay to finance your fire truck.It should include

Posted in Funding & Finance | Tagged biography, budget, consolidation, department, finance, financing fire truck, fire, fire truck budget, fire truck leases, fire truck loans, fire-truck, firefinanceguy.com, indianapolis, irs, united states | Leave a response

FIre Truck Leasing: How to save money – Part 1

By admin on December 7, 2011

Most departments get the wrong information in trying to save money for a lease or a loan for their fire truck.

Posted in Funding & Finance | Tagged budget, consolidation, department, finance, financial, financing fire truck, fire, fire truck budget, fire-truck, firefinanceguy.com, irs, truck, truck-financing, united states | Leave a response

Next »

Categories

  • Apparatus
  • Forest Fire
  • Funding & Finance
  • HazMat
  • Line of Duty Death
  • News
  • Opinion
  • Podcasts
  • Product Recalls
  • Recent Fires
  • Rescue
  • Safety
  • Technology
  • Training
  • Videos

Archives

  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011

RSS Feed

Copyright © 2012 The Watchdesk Post.

Powered by WordPress, Hybrid, and Hybrid News.