When is the submission deadline?

This RFP closed on July 23, 2026 and is no longer accepting submissions.

What is the budget for this RFP?

The published budget is $3,000,000.

It was issued by City Of Jonesboro. The work is located in Jonesboro, Arkansas, United States.

Who is a good fit for this opportunity?

Commercial lender or financial institution with public-sector financing experience. Expertise in short-term government or municipal lending. Ability to structure constitutionally compliant financing in Arkansas. Experience financing real estate acquisition and property improvements. Capacity to provide loan terms with repayment periods of five years or less.

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Short-Term Financing Service

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Overview

Financial, Legal, HR & Staffing

Jonesboro, Arkansas, United StatesPosted: July 16th, 2026Deadline: July 23rd, 2026

Past Due

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SUMMARY

A government authority in Jonesboro, Arkansas is requesting short-term financing for the purchase and improvement of real estate. The financing must comply with state constitutional requirements and have a repayment term of no more than five years.

KEY REQUIREMENTS

Must provide short-term financing compliant with Amendment No. 78 to the Arkansas Constitution
Must be signed by an authorized officer, employee, or agent
Must annotate bid number 2026:22 on the outside of the bidder's envelope
Must be submitted on the provided bid form
Must include freight and delivery charges in the bid
Must provide a performance bond for any contract exceeding $3,000.00
Must maintain proper insurance including Workman's Compensation, Public Liability, and Property Damage

BUDGET

Verified

$3,000,000

CONTRACT DURATION

60 months

TIMELINE

Bids are due by 2:00 pm Thursday, July 23rd, 2026.

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

City Of Jonesboro

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DESCRIPTION

A government authority in Jonesboro, Arkansas is seeking a vendor to provide short-term financing services. The financing must comply with the applicable state constitution requirements.

The funding is intended for the purchase and improvement of real estate. The repayment term must not exceed five years from the date of the loan.

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Frequently asked questions

When is the submission deadline?: This RFP closed on July 23, 2026 and is no longer accepting submissions.
What is the budget for this RFP?: The published budget is $3,000,000.
Who issued this RFP?: It was issued by City Of Jonesboro. The work is located in Jonesboro, Arkansas, United States.
Who is a good fit for this opportunity?: Commercial lender or financial institution with public-sector financing experience
Expertise in short-term government or municipal lending
Ability to structure constitutionally compliant financing in Arkansas
Experience financing real estate acquisition and property improvements
Capacity to provide loan terms with repayment periods of five years or less

Analysis generated by Settle AI from the source RFP.

RFP Hunter shows what is open. Settle shows what is forming.

Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.

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