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Caroline County selects Atlantic Union for FY26 equipment financing; board adopts lease resolution
6441493 · October 15, 2025
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Summary
After an RFP for FY26 equipment financing, Atlantic Union offered the lowest blended rate and most flexible prepayment terms; the board adopted a resolution to proceed with the leasing agreement.
Caroline County staff reported on an RFP process for FY26 equipment financing and recommended Atlantic Union as the financing provider. The county received nine proposals; Atlantic Union submitted the lowest blended rate and offered full prepayment flexibility with no penalty, producing a true interest cost the presenter summarized as approximately 3.55 percent.
The presenter (county…
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