Grant Capital Management, Inc. completed funding for two new refuse trucks at the North Bergen Municipal Utilities Authority (NJ).

The Authority is excited to place the new vehicles into service. “We decided to pursue a lease-purchase agreement with a stable and reputable lease financier and chose grant Capital Management as our partner,” CFO Pat Bartoli said. “Grant Capital was able to structure a lending solution which worked within our budget and enabled us to acquire the replacement trucks in a quick and efficient manner.”

“The experience that we have in financing vehicles for public sector entities is second to none. Whether utilizing multiple vendors or one single vendor; whether providing $20 million in funding or $500,000, we can leverage our efficiencies to give every client the best experience,” said Derek Mitchell, Senior Vice President at Grant Capital Management.