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Funding Your Pierce Apparatus

How can your department, city or agency fund the equipment it needs to better prepare for an unanticipated disaster, or to make your community a safer place to live?

Pierce® Flex Financing and government funding are two ways to fund.

Pierce Flex Financing is offered in association with Oshkosh Capital.™ It makes use of the financial strength of Oshkosh Truck Corporation. Pierce Flex Financing is tailored to fit your specific needs, so you can get the apparatus necessary for your area of support and coverage.

Pierce Flex Financing. No matter what apparatus you choose and no matter how your payments are made, the following benefits are offered to you:

  1. No down payment and no security deposit requirements mean no large, up front capital outlay.
  2. Only the current year's payment is in your operating budget.
  3. You may cancel the transaction without penalty if funds are not appropriated in future years. So your lease does not create any "long term debt."
  4. Gain important equity with each payment. Pay $1 more and the apparatus is yours after the last payment.
  5. Because interest income is exempt from federal income taxes, savings are passed along to you in the form of lower payments.
  6. The repayment schedule is flexible. It is structured to fit the specific requirements of your community and department.
  7. Helps you manage cash flow.
  8. You capture today's price, and pay with tomorrow's dollars.
  9. You pay zero origination fees.
  10. Gain total financing of 100% of costs, with no capital outlay.

For more information on Pierce® Flex Financing, visit our website at: www.piercehomelandsecurity.com/financing.cfm.

Homeland Security Funding. The second method to secure funding for your mobile command, SWAT, or bomb response vehicle is to tap into the $1.7 billion the Department of Homeland Security will award this year. The Homeland Security Grant Program (HGSP) includes five distinct programs, three of which apply to the acquisition of Pierce apparatus:

  • State Homeland Security Grant Program (SHSGP) – Designed to fund state homeland security strategy implementation activities to build capability to prevent, protect against, respond to, and recover from acts of terrorism and other catastrophic events.
  • Urban Areas Security Initiative (UASI) – Focuses on law enforcement and public safety activities to prevent terrorist attacks through such activities as intelligence gathering, information sharing and target hardening.
  • Law Enforcement Terrorism Prevention Program (LETPP) – Designed to fund designated high-threat, high-density urban areas against acts of terrorism and catastrophic events.

Every department throughout the United States is eligible for at least one of these programs.

For a detailed breakdown of each program and information on how to apply for a grant, please download a copy of the HGSP Program Guidance and Application Kit at www.ojp.usdoj.gov/odp/grants_hsgp.htm. Page 57 of the guide provides a checklist for what is required to apply for a grant.

For additional information on Pierce Flex Financing or the Homeland Security Grant Program please contact (920) 832-4278 or hls@piercemfg.com.

 

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