Extinguish Your Departments Budget Concerns
NCL Government Capital specializes in providing competitively-bid financing programs for departments and agencies across the nation. We are paving the way for communities to access the financing they need to help build a better, safer tomorrow. With our 25+ years of experience providing flexible, customized financing solutions, NCL Government Capital provides a competitively-bid and awarded leasing and financing contract via Sourcewell, the largest government purchasing cooperative of its kind in the country bringing you seamless, effortless procurement.
Below you can access an informational flyer showcasing how NCL Government Capital can assist in your departments procurement needs. Simply put, we are better together.
Battling Blazes, Not Budgets: Sourcewell Cooperative Contracts
Fire departments have a variety of funding needs and institutional constraints. When new equipment or facilities are needed, funds aren't always available. A Tax-Exempt Municipal Lease allows your department to procure the items you need now through manageable installment payments, often pulled from existing operating budgets. Due to the annual non-appropriation feature included in every lease, TEML financing does not require voter approval in most states.
While your department may use bonds or grants to fund purchases, financing your project today avoids any delays tied to referendum cycles or funding gaps & the cost increases that accompany them.
Case Study: Alternative Funding for Public Safety
With the current fire stations failing to provide basic amenities to not only the Aurora fire fighters, but also its community, Aurora Fire District No. 63 needed to secure additional funding for it’s new fire station after HB5020 left them $4M short.
After meeting Chief Joshua L. Williams at Fire-Rescue International and learning about the unique funding requirements Aurora faced, NCL Government Capital was able to structure a 25 year term with a fixed rate to align with Aurora’s operating budget. With the $3.5M secured, the Aurora Fire District was able to proceed with fire station construction which includes pre-fabricated modular units being shipped in and constructed on land previously purchased.
Why Tax-Exempt Municipal Leasing Belongs in Your Departments Strategy
Preserve Cash Flow
Keep reserves intact for emergencies while still investing in critical needs
Maximize Limited Resources
Spread cost over time and align payments with budget cycles and/or grant funding
Ensure Compliance & Efficiency
Pair financing with cooperative purchasing contracts to simplify procurement and meet competitive bidding requirements
Accelerate Project Timelines
Avoid delays tied to bonding, grants or funding gaps and the cost increases that accompany them
Secure Todays Inventory
Take advantage of prepay discounts on vehicles or lock in todays inventory & pricing to avoid additional price increases
Cost of Waiting
The "cost of waiting" far exceeds the perceived cost of financing the project today and eliminate the need to phase the project
From Constraint to Opportunity
When structured strategically, Tax-Exempt Municipal Leasing isn’t just a funding tool — it’s a way to turn financial constraints into opportunities for long-term impact. Departments across the country are using this approach to upgrade fire trucks & interceptors, PPE & turnout gear, facilities, and training towers — while maintaining financial flexibility and community trust.
Built for Safety. Built for the Long Term.
"Working with NCL Government Capital was a learning process for all of us. In the past our equipment purchases were limited to the funds we had on hand. We discovered financing opportunities that changed our traditional ways of thinking, which will open more doors for us in the future. NCL will be one of the first calls we make when the opportunity arises again."
Jane Blade | Finance Director City of Alexandria
Contact Us for a Custom Public Safety Quote
Contact our team today for a custom quote that fits your budget and schedule. We look forward to learning more about your upcoming projects or answering any questions you might have.
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