FINANCIAL_SERVICESAWARDED

Cinnaminson Township School District Awards Financial Services Contract to Bankfunding Llc (September 2026)

The Cinnaminson Township Board of Education awarded BankFunding, LLC lease purchase financing of up to $502,401 for school bus acquisitions and related costs. The financing carries a 4.95% annual interest rate, or an indexed rate under the bid, with payments ending no later than five years after closing.

Document date · September 27, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $502,401; interest rate 4.95% per annum or as further indexed in accordance with the bid
Contract type
FINANCIAL_SERVICES
Contract term
Final lease payment no later than five years from the closing date
Renewal
Lease purchase financing; final lease payment may not extend beyond five years from the closing date.
Document type
Agenda
Source document
Cinnaminson Township School District Agenda Monthly Board Meeting Agenda September 29, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Cinnaminson Township School District?

Bankfunding Llc was awarded this financial services contract by Cinnaminson Township School District, as recorded on September 27, 2026. The contract value is Not to exceed $502,401; interest rate 4.95% per annum or as further indexed in accordance with the bid.

How much is the Bankfunding Llc contract with Cinnaminson Township School District worth?

The Bankfunding Llc contract with Cinnaminson Township School District is valued at Not to exceed $502,401; interest rate 4.95% per annum or as further indexed in accordance with the bid, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Cinnaminson Township School District Agenda Monthly Board Meeting Agenda September 29, 2026 (Agenda), dated September 27, 2026 from Cinnaminson Township School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bankfunding Llc hold?

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

View Bankfunding Llc's profile

What is Cinnaminson Township School District currently buying?

Explore Cinnaminson Township School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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