Town of Duck Council Meeting Agenda April 1, 2026
Freedom Financial Submits Ladder Truck Loan Proposal
Trusted by teams at
Description
Freedom Financial offered the Town of Duck a 10-year financing proposal for its $1,769,492 ladder truck purchase at 4.39% interest, with total interest of $454,581.60. The bid is one of several options Council will consider in selecting a lender.
Contract Details
Contract Amount
$1,769,492 principal; total interest $454,581.60 at 4.39%
Vendor
FREEDOM FINANCIAL
Agency
Town of Duck, NC
Contract Type
FINANCIAL_SERVICES
Document Date
April 1, 2026
Contract Term
10 years, level annual payments, first payment due one year from closing, no prepayment penalty noted
Renewal Date
2036-04-01
Renewal Info
Proposed new installment loan with level annual payments over 10 years.
More from FREEDOM FINANCIAL
Related Contracts
City of Amherst Council Meeting Agenda April 2026
PENDINGAmherst City Council Meeting Minutes April 2026
APPROVEDCity of Amherst Finance Committee Meeting Minutes April 2024
RECOMMENDEDcity_of_radford_council_agenda_october_27_2025.pdf
pendingradford_city_council_worksession_minutes_october_2.pdf
pendingMore from Town of Duck
Town of Duck Council Regular Meeting Agenda May 6, 2026
Town of Duck Council Regular Meeting Agenda Packet May 6 2026
Town of Duck Council Regular Meeting Agenda Packet May 6 2026
Town of Duck Council Regular Meeting Agenda Packet May 6 2026
Town of Duck Minutes Regular Meeting 2026-05-06
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.