CONTRACTAPPROVED

Borough of Merchantville Awards Financial Services Contract to Ford Credit Municipal Finance (November 2025)

Disclosed value: $15,613.53 a year for three years at 7.29% interest; From minutes
Approved: Nov 17, 2025

What it covers

The Borough of Merchantville approved financing for its new police Dodge Durango Pursuit lease through Ford Credit Municipal Finance. The three-year financing agreement carries annual payments of $15,613.53 at a 7.29% interest rate.

Who holds it

Ford Credit Municipal Finance holds this financial services contract with Borough of Merchantville. Its other public contracts on record include work for City of Somerton and City of Vergennes.

What happens next

Term as filed: Three-year lease financing term starting from November 13, 2025 proposal.

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Contract details

Contract type: Financial Services
Amount: $15,613.53 a year for three years at 7.29% interest
Document date: November 17, 2025
Term: Three-year lease financing term starting from November 13, 2025 proposal
Vendor: Ford Credit Municipal Finance
Agency: Borough of Merchantville
Source document: Borough of Merchantville Minutes 2025-11-17 (Minutes)

Ford Credit Municipal Finance's other public contracts

City of Somerton, ArizonaSomerton Records Ford Municipal Finance Payment · Oct 20, 2026$2.6K City of Vergennes, VermontVergennes Approves Ford Credit Police Vehicle Payments · Sep 9, 2026$3.1K City of Vergennes, VermontFord Credit Paid for Police Interceptors · Sep 9, 2026 City of Vergennes, VermontInterest payment on 2025 Ford police utility vehicle · Jul 14, 2026$1.5K City of Vergennes, VermontCity pays interest on 2026 Ford police interceptor · Jul 14, 2026$1.6K All Ford Credit Municipal Finance contractsVendor profile

More Borough of Merchantville contracts

Morton SaltMorton Salt Awarded Contract for Road Salt Supplies · Oct 13, 2026 Camden County Co-opMerchantville to Purchase Road Salt Through County Co-op · Oct 12, 2026Undisclosed Deer Carcass Removal Services LLCMerchantville Awards Deer Carcass Removal Contract · Oct 12, 2026 Camden County Co-opMerchantville to Use County Co-op for Deer Removal · Oct 12, 2026Undisclosed Cuerpo Bomberos Voluntarios Del ParaguayMerchantville Donates Surplus Turnout Gear to Paraguay · Oct 12, 2026Undisclosed All Borough of Merchantville activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Borough of Merchantville?

Ford Credit Municipal Finance was awarded this financial services contract by Borough of Merchantville, as recorded on November 17, 2025. The contract value is $15,613.53 a year for three years at 7.29% interest.

How much is the Ford Credit Municipal Finance contract with Borough of Merchantville worth?

The Ford Credit Municipal Finance contract with Borough of Merchantville is valued at $15,613.53 a year for three years at 7.29% interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Borough of Merchantville Minutes 2025-11-17 (Minutes), dated November 17, 2025 from Borough of Merchantville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ford Credit Municipal Finance hold?

Ford Credit Municipal Finance may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Borough of Merchantville currently buying?

Explore Borough of Merchantville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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