Revolving Loan Programs
Applications for the Fire Truck and Ambulance Revolving Loan Programs are now being accepted. Applications must be postmarked no later than October 31, 2018. It is anticipated that loans will be awarded around April 1, 2019 with disbursement of loan funds around June 1, 2019.
Most Illinois fire departments, fire protection districts and township fire departments are eligible to apply for a Fire Truck Revolving Loan. Fire departments that are for-profit entities, not-for-profit entities, associations and/or not-for-profit corporations (i.e. not a governmental body) and units of local government that do not operate a fire department (i.e. a municipality that contracts for fire suppression services from another municipality or fire district) are not eligible to apply.
Loans of up to $350,000 are available for Fire Trucks with a loan term not to exceed 20 years. Applicants may also apply for Brush Trucks up to a maximum loan amount of $100,000 with a loan term not to exceed 10 years.
Units of local government (city, town, village, township, fire department, fire protection district) that provides ambulance services and not-for profit ambulance service providers are eligible to apply for an Ambulance Revolving Loan. Fire departments or ambulance service providers that are for-profit entities and units of local government (city, town, village, township, fire department, fire protection district) that do not provide ambulance services (e.g., a municipality that contracts for emergency medical services from another municipality or fire district) are not eligible to apply.
Loans of up to $200,000 are available for Ambulances with a loan term not to exceed 10 years.
Please refer to the Program Overview for each program for additional information on the loan programs.
Please note that fire department, fire protection district and township fire department applicants must have participated in the National Fire Incident Reporting System ("NFIRS") for a minimum of two years prior to the application due date to be eligible for a loan, except for fire departments that were issued a Fire Department Identification Number ("FDID") by OSFM less than two years prior to the application are eligible to apply if they have participated in NFIRS since the date their FDID was issued by the OSFM.
You can check the status of your NFIRS compliance as well as get additional information at our NFIRS Page