Avon Protection will begin offering financially restricted law enforcement agencies lease-purchase financing for its respiratory equipment for first responders.
The company has begun reaching out to budget-strapped law enforcement and emergency service departments to offer low-interest-rate financing.
"Our new respiratory protection finance plan chiefly recognizes the current financial challenges faced by our society's protectors, and which is frustrating their determination to remain professionally equipped when performing the hazardous and unplanned scenarios they experience every day," said James Wilcox, the Avon's global marketing director, in a release.
The financing plan will be offered through Community Leasing Partners, a division of Community First National Bank. The plan allows agengies to forgo large, upfront capital outlays. The plan can be tailored to fit current and projected cash flow requirements, according to the company.
Financial officers representing municipal customers can lock in a fixed payment and interest rate with flexible payment terms from 1-5 years. Agencies own the equipment at the end of the lease term.