What are the benefits of using the Pool compared to other financing mechanisms?
The Pool is a flexible, low cost financing mechanism that is administered by the Treasurer’s Office. Therefore, you will receive significant savings of both money and time by financing through the Pool. The execution of a vendor supplied financing agreement requires a significant amount of time, and time is money. Because the Pool is already established, you don’t need to burden yourself with the lengthy time and logistics involved in a purchase specific financing. In the Pool you are given a low fixed rate loan with no closing costs by just receiving campus and Treasurer’s Office authorization, completing the requisition and supplying the appropriate supporting documentation.
