NOWRA has partnered with Wells Fargo to provide members with discounts on interest rates and document fees for equipment purchases in excess of $50,000.
Wells Fargo’s Specialty Vehicles Division is offering NOWRA members a 0.25 percent discount from the prevailing interest rate for purchases of vehicles or related equipment. In other words, if the going rate is 6 percent, NOWRA members will be able to apply for a loan at 5.75 percent. In addition, Wells Fargo will reduce its document fees charge from $500 to $350.
Over the life of a $50,000 loan financed for five years, the savings for NOWRA members would be about $500. As with any loan request, applicants must still qualify for financing under the terms and conditions of the lending authority. This membership benefit is unique for NOWRA members. No other onsite association offers this discount.
To take advantage of the program, email NOWRA at wecasey@comcast.net. You will receive the special application and an address to which to send it when complete.
