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January 14, 2008 VFD-EMS Group Becomes Independent Cluster. VFD-EMS Group, a division of Will Griffin Fire has become an independent company with assets and web sites relating to ambulance and EMS Equipment/Supplies sales and financing. The web sites in the VFD-EMS Group include: New-Ambulances.com. New-Ambulance.com, Used-Ambulance.com, EMS-Equipment.biz, and EMS-Supplies.biz
January 1, 2008
VFD Funding Group Exercises Tighter
Controls for Starting in 2008, VFD-Funding Group has initiated tighter controls on the banks and finance companies receiving projects, referrals and other services from the VFD-Funding Group. "We've made our agreements with banks and finance companies to be much more formal and structured than we did in the past", declares VFD-Funding Group owner Will Griffin. Similarly, if a bank or finance company is not in a formal alliance with the VFD-Funding Group, services such as appraisals, apparatus condition research, certifications, referrals, and other services are not extended to that bank or finance company. "Back in the beginning, we had some finance companies and banks we tried to work with on a friendly and professional basis that were not only ripping us off, but our customers as well, so we discontinued these relationships immediately upon learning that someone's rates/fees were higher than they declared to us, excessive, ARM, they attempted to circumvent us, and we give no second chances to such banks and finance companies", states Griffin. VFD Funding Group will not arrange any financing that is ARM based, because it has been the company's policy to have low fixed rate financing as the only financial products offered. These restrictions are similar to the limitations which were previously imposed last year on some of the fire truck brokers, who were making large fees/commissions for doing absolutely nothing but complicating and losing sales for the fire departments trying to sell their used apparatus. These companies didn't provide any condition assurances, documentation, or any other services to either the selling or buying fire departments. They offer no documentation, which is necessary to enable the transaction and is imperative for the buying department to have of record. Starting January 1, 2008 VFD-Funding Group will only internally finance new and used fire trucks which are listed on VFD-Fire Group web sites for the owners or apparatus which is directly owned by the VFD-Fire Group. Referrals to other finance companies and banks will occur for other apparatus only if these fiduciary companies are in formal strategic alliance agreements with the VFD-Funding Group and meet their very high standards. If the apparatus is listed with any broker receiving fees/commissions, other than the VFD-Fire Group and those with structured formal affiliate agreements, the VFD-Funding Group will not internally finance the acquisition, but will refer the project to one of the banks underwriting the VFD-Funding Group, where such a formal strategic alliance agreement exists. Also from early company experiences, VFD-Funding simplified the documentation and streamlined the processes, due to much confusion and loss in trying to cooperate with some other used fire truck brokers and some of the new fire truck dealers. Too often customers were not contacted, trucks were sold without notification, some trucks listed by brokers were bogus, and VFD-Funding quickly learned that most of these brokers and dealers were not trustworthy, honest, professional, or friendly. If a broker/dealer advertises hundreds of used fire trucks for sale, it is because there is either something wrong with them, or there is something wrong with the fire trucks that they can't sell them. This led to the concern that similar was being experienced by the many fire department customers of Will Griffin Fire and an industry standard needing immediate remediation. There are those fire truck brokers, who will never receive VFD-Funding Group financing again and as banks contact VFD-Funding to determine value and condition of a fire truck they are considering financing, the company advises these banks not to finance the apparatus of some brokers, due to the high risk of unreliable and uncertified apparatus typically offered by some of the used fire truck brokers. Currently, only those brokers/dealers with a proven track records, who have entered formal written agreements with VFD-Fire Group and who have agreed to use VFD-Fire Group's documentation, processes and standards of excellence for professional customer service will have their apparatus listed on the many Will Griffin Fire web sites and will qualify for financing assistance through the VFD-Funding Group. Therefore, if a fire truck dealer doesn't have the VFD-Funding logo/link on their web site, they are not financed by or through the VFD-Funding Group. More Information: The VFD-Funding Group is a division of Will Griffin Fire and is under the direct management of Sr. V.P. Mr. O. Kheir. OKheir@VFD-Funding.com The web sites in the VFD-Funding Group include: VFD-Funding.com, VFD-Financing.com, VFD-Loans.com, Fire-Grants.com, FireTruck-Leasing.com, Firehouse-Funding.com, Firehouse-Financing.com, Fire-Stations.com, 911-Funding.com, 911-Financing.com, Ambulance-Funding.com, Hospital-Funding.com, Tax-Exempt-Leasing.com, Lease-Program.com, Municipal-Funding.com.
Contact us at VFD-Funding today or fill out our convenient on-line feedback form, give us your wish list and tell us a little about your organization and then let's see what all we may be able to do for you and your volunteer fire department, rescue squad or EMS service. REMEMBER, there are NO up front costs or fees required. Last modified: May 12, 2008
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