Cove, Oregon (April 2018) ‐ The Cove Fire Protection District recently announced the purchase of new equipment to assist their unit during dangerous atmospheric situations. The new self‐contained breathing apparatus (SCBA) was obtained through a partnership with Cascade Fire Equipment of Medford, Oregon. Cove Fire Protection District selected Government Capital Corporation as the financing partner for their purchase.
“The tax exempt lease purchase was a simple and straightforward process. Government Capital walked me through each step and responded very quickly to our questions and needs,” stated Debra Hansen, EMS Captain.
“The bundled purchasing arrangement provided by Cascade Fire Equipment allowed Cove Fire Protection District to benefit greatly from the reduced equipment savings. Had they purchased in smaller quantities, their total price per unit would have ended up being much higher,” stated Jeff Lloyd of Cascade Fire Equipment.
“We were delighted to partner with Cove Fire Protection for the Department’s financing,” said Josh Rosser, Government Capital Corporation Client Manager. “I want to congratulate Captain Hansen and the Board for their foresight and leadership with upgrading equipment. This purchase will ensure the safety of the staff and will benefit the Department for many years. The financing partnership allowed the District to buy all their equipment at once which helped them take advantage of manufacturer volume discounts.“
About Cove Fire Protection District
The Cove Fire Protection District was formed in 1955 and continues to provide volunteer fire service throughout the Cove, Oregon community which has a service area population of 2650. The City of Cove is eastern edge of Grande Ronde Valley in Union County and has been a cherry and peach production center for over 100 years with over 500 acres of commercial orchards. For more information, visit coveoregon.org/cove‐fire‐protection‐district.
About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to Fire Protection Districts and all other local governmental entities. Since its founding in 1992, the company has successfully completed thousands of project financings in Oregon and nationwide. For more information, visit govcap.com.
About Cascade Fire Equipment
Cascade Fire Equipment opened its doors in 1985. After retiring from Western Fire Equipment in San Francisco, and moving to Medford, Oregon, Dan Lloyd, and his wife, Laura, started the business. The company grew, family joined the business, and today we employ 50 people, manufacturing 60% of the products we sell, and doing business worldwide. Dan’s sons and grandsons now manage Cascade Fire Equipment and strive to live up to Dan’s outstanding example of hard work, leadership and integrity. For more information, visit cascadefire.com.
