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So, after the long search for the perfect coach, the moment comes and you've found just the right coach,
new or pre-owned Prevost. You're ready to make the purchase. Who you gonna call?

Tom's the President of Gulf Coast Funding, which began in 1996, after Tom had served as a Senior Lending Officer in Philadelphia for 25 years. He has been on both sides of the lending desk and knows what bankers look for in a coach purchase. With his specialized knowledge of the Prevost marketplace, he is able to arrange financing on the best terms for the buyer.

"We represent 7 major banks who want to provide financing into this marketplace. Since Prevost coaches don't have a published value, we have developed our own portfolio of comparable coaches so that the lending officers are able to see the value of a particular coach. It's our job to put together a financing package for buyers which is competitive in terms of rates and in some cases, requiring the least amount of cash as a down payment."

Spirito noted that his goal is personalized service, with 24/7 access to his firm, both by telephone and email. Applications for loans can be taken either way and approvals are generally provided in less than one day in most circumstances.

In a fast-changing industry with custom coaches and customers throughout the United States, Tom's firm works with customers, and when desired, with his customer's accountants or lawyers to structure the best deals for tax and cash flow purposes. Gulf Coast Funding has a long history of working with both Montana and other LLCs and trusts. He noted that some customers pre-qualify themselves prior to looking for coaches in order to insure a speedy conclusion to what was in the past a complicated and difficult to understand transaction. Many other 'providers' in the finance industry have no experience inside the banking industry and do not appreciate what banks seek in calculating deals.

"We know what the banks are looking for and we have the answers to their questions before they ask them. That gives us good credibility with the banks and helps us close good deals for our customers quickly."

Spirito noted that during period of declining interest rates, he automatically notifies customers every six months and refinances the deals at the lower rates, resulting in lower payments for coach owners with no prepayment or closing fees. "Why should our customers be paying more for their loan than current interest rates? We want our customers to have the best financing available, before, during and after the purchase of their coach."

Gulf Coast has a staff of seven, providing each customer with warm, personal service, committed to making smooth and orderly closings for both buyers and sellers.

"If someone is interested in buying a Prevost coach, they should give me a call and we'll have their financing package ready, at competitive rates with no hassle."