In 2023, student devices and security equipment were the top equipment categories TEQlease Education Finance leased and financed for K12 and other US schools. TEQlease Education Finance leases and finances all types of school equipment to all types of schools, nationwide.

“Student computing devices remain our top leased equipment type this year, with just over half of TEQlease origination volume coming from student chromebooks, notebooks, laptops, and Apple devices” said Michael Lockwood, President of TEQlease Education Finance. “As 1-to-1 device adoption exploded during the pandemic to accommodate remote learning, schools have managed full student computer deployments, and are now contemplating device refreshes.” However, schools across the country are preparing to see their budgets shift from flush to strained as billions of pandemic aid runs out in less than a year, putting at risk programs added with Covid-relief funds.

Second on the TEQlease Education Finance equipment type list is security equipment. Many schools have a mix of legacy and upgraded video surveillance systems, often needing more seamless integration and notification capabilities. “The increase in financed security systems is not surprising as school safety concerns continue to increase,” continued Lockwood. “However, it isn’t just video surveillance cameras and software that schools are financing, but rather a broad equipment list integrating several components of school security products.” Financed security equipment can include access control systems and intrusion detection, electronic and wireless locks, credentials including key cards, key fobs, and mobile devices, environmental and motion sensors, video surveillance, alarm and emergency systems, metal detectors and weapons detection systems, cyber-security software, and increased wireless access.

According to a comprehensive research report by Market Research Future (MRFR), “School and Campus Security Market, By Type, By Hardware & Software – Forecast 2030”, the market will touch USD 8.85 billion at a 19.6% CAGR by 2030.

TEQlease Education Finance specializes in providing best-in-class equipment lease financing solutions for public, private, charter, and religious schools across the United States. TEQlease Education Finance focuses on providing unparalleled service and lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. TEQlease Education Finance is a division of TEQlease Capital, founded in 2000 in Calabasas, California. For more information, visit https://www.teqlease.com/education_equipment_financing

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FOR IMMEDIATE RELEASE

Calabasas, California, April 22, 2022 — In celebration of Earth Day, TEQlease Equipment Finance, LED Green Light International, and Fresno Economic Opportunities Commission (Fresno EOC) are pleased to announce today the completion of an LED lighting retrofit project with equipment and installation services supplied by LED Green Light International and financing provided by TEQlease Equipment Finance.

Fresno EOC will benefit from the LED retrofit project by drastically lowering energy consumption compared to traditional fluorescent lighting – resulting in as much as an 70% reduction in energy costs over a year and saving 324 metric tons of greenhouse gases. The project was a comprehensive equipment and services retrofit installed across 6 buildings managed by Fresno EOC. The LED lighting retrofit project expects to provide Fresno EOC annual energy savings of more than 457,454 kilowatt hours (kWh).

“After careful consideration and analysis of all of our options, we decided to commence this LED lighting retrofit project fully aware of the projected cost savings and energy efficiencies involved. These allow programs to address other areas of need in the communities we serve,” said Jim Rodriguez, Fresno EOC’s Chief Financial Officer. “In addition to projected savings from working with LEDGLI, the financing provided by TEQlease allowed us to match cash flows to the savings, and in that manner, we did not have to burden current budgets with the entire project cost and savings to be realized over subsequent periods. We were very impressed with the execution of all the people involved, including our own Eddie Pacheco, Fresno EOC Director of Facilities, who was instrumental in helping to complete the entire project.”

“We are excited to provide substantial energy savings to Fresno EOC through our relationship with TEQlease,” said Bill Withers, CEO of LED Green Light International. “Not only do these retrofit projects reduce Fresno EOC’s overall carbon footprint but they also will decrease their annual energy costs and improve the lighting within these buildings for the employees and general public. In total, this project spanned 6 buildings to provide the latest in energy-saving technology to the end customer.” James Duggan, LEDGLI Director of Sales Support, added: “Lighting fixtures were acquired using the new lighting specification from the Million LED Challenge California State Lighting Contract.”

The Million LED Challenge calls for increased lumens per watt and higher color rendering index (CRI) color quality to increase energy efficiency savings and greenhouse gas reduction in California. The project included integrated Bluetooth wireless controls including scheduling and scene control. Finally, the full spectrum lighting provided has many health and wellness benefits for Fresno EOC employees and general public visiting the buildings.”

“We are proud to offer customers financing for LEDGLI’s high-quality, energy-efficient products and to expand our relationship with LEDGLI and Fresno EOC, which has blossomed in the last year,” said Michael Lockwood, Founder and President of TEQlease. “We look forward to working together on these and future projects because we know that LEDGLI is committed to providing the best energy saving technology, quality and performance – along with on-time delivery and great customer service.”

About LED Green Light International
LED Green Light International (“LEDGLI”) – a US Company that designs and manufactures a full line of the most advanced LED lighting products available in the lighting industry, as well as designing custom LED lighting products that meet the requirements specified by LEDGLI’s Customers. LEDGLI’s Lighting and Controls products also provide the most advanced ‘Bluetooth Mesh’ and ‘IOT’ enabled lighting controls available today in the lighting industry.

About Fresno Economic Opportunities Commission (Fresno EOC)
Established in 1965, Fresno EOC is a non-profit Community Action Agency that provides opportunities, strengthens self-sufficiency, and offers support for all people. We listen to the needs of the communities we serve to create effective programs and services. Fresno EOC is at the forefront, continuing the war on poverty with over 35 programs dedicated to getting people the help they need to achieve their goals.

About TEQlease Capital
Since 2000, TEQlease Capital has specialized in providing best-in-class equipment lease financing solutions for businesses, educational institutions, and federal, state and local governments, as well as offering manufacturer and vendor equipment finance programs across all industries. TEQlease Capital focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. For more information, see www.teqlease.com or call (818) 222-1006.

###
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
For more information, press only:
Caila Sanford
1.844.222.1006
csanford@teqlease.com

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FOR IMMEDIATE RELEASE

Calabasas, CA – March 7, 2022 – TEQlease Capital has hired Chris Possis as Managing Director, Commercial Equipment Finance. In this role, Possis will be responsible for managing existing middle-market and enterprise end user and vendor relationships, as well as developing new relationships within the central and southwest regions.

Prior to joining TEQlease Possis was Vice President of US Bank’s Technology Finance Group. His extensive career in equipment finance includes positions with Dell Financial Services, Insight Enterprises and Solarwinds.

Since 2000, TEQlease Capital has specialized in providing best-in-class equipment lease financing solutions for businesses, educational institutions and federal, state and local governments, as well as offering manufacturer and vendor equipment finance programs across all industries. TEQlease Capital focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. For more information, https://www.teqlease.com or call (818) 222-1006.

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Financing will make it easier and more affordable for districts to leverage device disinfection and air purification to get schools reopened amid Covid

Dallas, TX – Texas Computer Education Association (TCEA) Conference Booth #2133 –

INVZBL, the leading hygienic technology company for education, and TEQlease Capital, a premier provider of equipment lease financing solutions, today announced a new partnership designed to assist school districts and other schools with their acquisition plans to leverage budgeted dollars to purchase UV-C disinfection technology. TEQlease financing for K-12 schools can be applied to any of INVZBL’s UV-C products and services, including its device disinfection cabinets and ceiling air panel purifiers, as well as its just-launched protection-as-a-service solution powered by FedEx Corporation.

“School districts need new, innovative and affordable solutions to clean and disinfect their schools in order to get kids and teachers back in the classroom, and partnering with TEQlease allows us to offer an array of solutions that fit within a district’s budget needs,” explained Chuck Morrison, Founder and CEO of INVZBL. “Everything we do is focused on helping schools and school districts safely, effectively, and quickly manage the disinfection of high-touch devices and surfaces and to purify the air.

INVZBL delivers a portfolio of UV-C based products and services to the education, healthcare and other industries, spanning air purification, disinfection cabinets, and protection-as-a-service. INVZBL products are the most independently tested on the market and safely disinfect 99.99% of bacteria, fungi and viruses.

“We are thrilled to expand the solutions under our financing to include INVZBL, as their products and services are coming at the right time for the education industry,” said Bob DeBrase, Senior VP of Sales, TEQlease. “We look forward to using this partnership to help schools across the nation implement INVZBL’s state-of-the-art disinfection technology.”

TEQlease is well known in the K-12 education community, providing lease financing programs for a range of technology, equipment and software solutions for public, private, charter and religion schools across the U.S.

More information on this partnership, finance options, and demos of INVZBL products are available this week at the TCEA conference, booth 2133.

About INVZBL
INVZBL is a hygienic technology company, revolutionizing the way we clean, protect, and care about our people, workplaces, and communities. With products designed in the United States, INVZBL’s industry-leading technology is available commercially to a range of organizations in the education, enterprise, government, healthcare and hospitality industries. INVZBL’s N-AIR UV-C Ceiling Panel Air Purifier kills bacteria and viruses, including COVID-19 and SARS. INVZBL’s Z13 and B3 cabinet models kill 99.9% of bacteria, germs, and infectious pathogens such as Candida, E. Coli and SARS-CoV-2 in three minutes. To find out more, visit www.INVZBL.com.

About TEQlease
Since 2000, TEQlease Capital has provided equipment financing solutions for businesses and educational institutions, and offered equipment vendor finance programs across all industries. TEQlease Education Finance specializes in providing best-in-class equipment lease financing solutions for public, private, charter and religious schools across the United States. TEQlease Education Finance focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. TEQlease Education Finance is a division of TEQlease Capital, founded in 2000 in Calabasas, California. For more information, visit https://www.teqlease.com/education_equipment_financing/

PRESS CONTACTS:
Margaret Dawson
INGKY Marketing for INVZBL
contact@ingky.co
+1-206-355-6872

Caila Sanford
Sales/Marketing Coordinator
csanford@teqlease.com
+1-818-222-1006 x231

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TEQlease Capital and Senso.cloud have entered into a strategic partnership to provide Senso’s customers with a 0% Lease Financing Program tailored to financing Senso’s world-class cloud-based, modular, network and classroom management solution.

Senso.cloud is an all-in-one software application for network, classroom, safeguarding and asset management. Senso gives customers the tools needed with flexibility to scale from small IT setups to large multi-site setups. “Senso.cloud are excited to be joining forces with Dana & TEQlease to offer more School Districts the ability to use and enjoy our cloud platform for K12 Education with very affordable 0% lease finance options.”

“Senso’s business model of all-in-one software is not only compelling and impressive, it is also necessary. Teachers and school officials face difficulties as they were forced to rely on digital curriculum to fulfill their roles. Now, Senso has made it easier than ever before as they provide a one-stop shop to alleviate some of the overwhelming demands of virtual learning,” said Dana Andrada, Senior Account Manager, TEQlease Education Finance. “Through this partnership with TEQlease and the 0% Lease Financing Program, Senso has implemented a solution that specifically caters to schools’ unique finance needs. In addition, I’ve had the pleasure to work side by side with Senso’s North American team members, Alex Ball and Amir Eftekhari, who go above and beyond to ensure the satisfaction of every customer.”

TEQlease Education Finance specializes in providing best-in-class equipment lease financing solutions for public, private, charter and religious schools across the United States. TEQlease Education Finance focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. TEQlease Education Finance is a division of TEQlease Capital, founded in 2000 in Calabasas, California. For more information, visit https://www.teqlease.com/education_equipment_financing/ or call (844) 222-1006.

The post TEQlease Capital and Senso.cloud Announce 0% Lease Financing Program for Senso’s Cloud Based Monitoring and Management Solution appeared first on TEQlease Capital.

TEQlease Capital and Blocksi, Inc. announced today they have entered a strategic relationship to provide a comprehensive software lease financing program for Blocksi customers. Under the Lease Financing Program, customers will be able to lease innovative and powerful cloud content filtering for GSuite managed Chromebooks and Windows OS devices.

Blocksi, founded in 2011 and headquartered in Palo Alto, CA, is dedicated to providing innovative and powerful cloud content to the K-12 education market. “TEQlease Capital has helped us provide an extensive lease financing program that serves our customers well,” said *blocksi contact*. “This program will make leasing options more widely available and will make it even easier to acquire Blocksi products.”

TEQlease’s Senior Account Manager, Erika Aguirre, has been working closely with the team at Blocksi and commented on the relationship. “Blocksi immediately saw the value of having a lease financing relationship with TEQlease. The comprehensive program TEQlease built, along with consistent training with Blocksi’s reps, has helped Blocksi have leverage over their competition by offering payment solutions to customers at no cost to them. Working with Blocksi was a great experience that allowed us to build a strong lease financing program.”

TEQlease Education Finance specializes in providing best-in-class equipment lease financing solutions for public, private, charter and religious schools across the United States. TEQlease Education Finance focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. TEQlease Education Finance is a division of TEQlease Capital, founded in 2000 in Calabasas, California. For more information, visit https://www.teqlease.com/education_equipment_financing/ or call (844) 222-1006.

The post TEQlease Capital and Blocksi, Inc. to Provide Customer Software Lease Financing Program appeared first on TEQlease Capital.

FOR IMMEDIATE RELEASE
Contact: Caila Sanford, Director of Marketing, 818-222-1006 x231, csanford@teqlease.com

Los Angeles, CA (June 11, 2021) – Boxlight Financial Services is a strategic customer financing program created in partnership with TEQlease Capital, a technology equipment financing company, to assist customers such as schools and districts, companies, and other organizations with constrained budgets to acquire the technology they need. The program allows customers to lease or finance Boxlight’s Mimio and Clevertouch branded technology solutions. By providing finance options, organizations can invest in state-of-the-art solutions with monthly, quarterly, or annual payments that align with budgets or the typical depreciation period for the technology.

With the immediate need for interactive technology in schools and businesses, organizations sometimes require financing to accomplish their goals. TEQlease Capital financing programs provide the opportunity to anticipate these needs, which allows their customers to stay current on recent advances in AV and IT tech. Boxlight will be providing its customers with the ability to receive 1.49% APR financing through this partnership and typical qualification for the program will be less than a day.

“Boxlight Financial Services financing program is another way for Boxlight to offer benefits to our customers that may otherwise put-off critical technology needs until a significant funding resource becomes available. The program allows customers to expand their technology budget up to a 5-year period, allowing customers to keep their technology current,” stated Hank Nance, Chief Operating Officer for Boxlight.

“Working with Boxlight to deliver best-in-class financing solutions to Boxlight customers requires us to provide the very best business financing strategies and a choice of financing solutions,” said Mike Lockwood, President of TEQlease Capital. “We can customize financing solutions to help Boxlight clients match technology use to their particular financial requirements and budget constraints.”

For more information on Boxlight Financial Services, please email sales@boxlight.com.

About TEQlease Capital

Since 2000, TEQlease Capital has specialized in providing best-in-class equipment lease financing solutions for businesses, educational institutions and federal, state and local governments, as well as offering equipment manufacturer and vendor finance programs across all industries. TEQlease Capital focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. For more information, visit https://www.teqlease.com or call (818) 222-1006.

About Boxlight Corporation

Boxlight Corporation (Nasdaq: BOXL) (“Boxlight”) is a leading provider of interactive technology solutions under its award-winning brands Clevertouch® and Mimio®. The company aims to improve engagement and communication in diverse business and education environments. Boxlight develops, sells, and services its integrated solution suite including interactive displays, collaboration software, supporting accessories and professional services. For more information about the Boxlight story, visit http://www.boxlight.com and Clevertouch, https://www.clevertouch.com/.

Forward Looking Statements

This press release may contain information about Boxlight’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements because of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to maintain and grow its business, variability of operating results, its development and introduction of new products and services, marketing and other business development initiatives, competition in the industry, etc. Boxlight encourages you to review other factors that may affect its future results in Boxlight’s filings with the Securities and Exchange Commission.

###
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
For more information, press only:
Caila Sanford
1.844.222.1006
csanford@teqlease.com
For more information on TEQlease Capital:
www.teqlease.com

The post TEQlease Capital and Boxlight Launch Financial Services Program appeared first on TEQlease Capital.

NCPA members can now acquire equipment lease financing through TEQlease Capital

FOR IMMEDIATE RELEASE
Contact: Caila Sanford, Director of Marketing, 818-222-1006 x231, csanford@teqlease.com
Chris Stout, Director of Public Finance, 818-222-1006 x226, cstout@teqlease.com

Los Angeles, CA (May 24, 2021) – NCPA through Region XIV Education Service Center announces that TEQlease Capital has been awarded the annual contract for Term Financing Programs and Related Services based on TEQlease’s RFP response. NCPA (National Cooperative Purchasing Alliance) members can now rely on TEQlease Capital’s suite of equipment lease financing options. For the first time, NCPA member organizations will be able to get best-in-class equipment lease financing through the cooperative. TEQlease Capital specializes in providing lease financing services to school districts and other K12 schools, higher educational institutions, and state and local government agencies.

NCPA is a leading national government purchasing cooperative working to reduce the cost of goods and services by leveraging the purchasing power of public agencies in all 50 states. NCPA utilizes state of the art procurement resources and solutions that result in cooperative purchasing contracts that ensure all public agencies are receiving products and services of the highest quality at the lowest prices. There are over 90,000 agencies nationwide from both the public and nonprofit sectors that are eligible to utilize NCPS’s cooperative purchasing contracts. To learn more about becoming a member visit www.ncpa.us .

Mike Lockwood, President of TEQlease Capital said, “Being an approved NCPA vendor is an immense opportunity. We look forward to offering equipment lease financing solutions to NCPA members nationwide.”

“It has been seamless working with NCPA team,” said Chris Stout, Managing Director, TEQlease Public Finance. “NCPA members and other vendors will have the option of using TEQlease’s TEQQuote online equipment lease financing quote tool, allowing NCPA members to obtain real time equipment lease finance quotes for bid, budgeting and analysis purposes.”

About TEQlease Capital
Since 2000, TEQlease Capital has specialized in providing best-in-class equipment lease financing solutions for businesses, educational institutions and federal, state and local governments, as well as offering equipment manufacturer and vendor finance programs across all industries. TEQlease Capital focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire
equipment acquisition financing process. For more information, www.TEQlease.com

###
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
For more information, press only:
Caila Sanford
1.844.222.1006
csanford@teqlease.com
For more information on TEQlease Capital:
www.teqlease.com

The post TEQlease Capital Awarded the Sole Source Lease Financing Contract for NCPA Members appeared first on TEQlease Capital.

Today the Equipment Leasing and Finance Association (ELFA) recognized TEQlease Capital for 20 years of membership in the organization. ELFA is the premiere trade association representing companies in the nearly $1 trillion equipment finance sector.

Since 2000, TEQlease Capital has specialized in providing best-in-class equipment lease financing solutions for businesses, educational institutions, and federal, state, and local governments, as well as offering equipment manufacturer and vendor finance programs across all industries. “This milestone with the ELFA is an important event for TEQlease Capital as we celebrate 20 years of service to our equipment manufacturer, vendor and end user customers.  It is also testimony to the value ELFA brings to organizations such as TEQlease Capital, and the excellent support and services ELFA provides,” said Mike Lockwood, TEQlease Capital President.

As a member of ELFA, TEQlease Capital joins forces with other leading companies in the equipment finance sector. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation across the U.S. The association’s 575 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. ELFA exists to provide member companies a platform to promote and advocate for the industry, including attracting and developing new and diverse talent; a forum for professional development and training; and a resource that develops information about, and for, the industry. ELFA President and CEO Ralph Petta congratulated TEQlease Capital on achieving 20 years of membership and thanked the company for its participation in and many contributions to the association
and industry.

“Since its founding in 1961, ELFA has united the equipment finance industry under one umbrella to learn, do business and advocate for equipment finance and its important role in the U.S. economy,” said Petta. “Over the years, member companies have evolved and innovated to meet changing customer needs. This speaks to the strength and resilience of our industry as it equips American businesses to succeed and prosper. We congratulate all the companies celebrating milestone membership anniversaries in 2021, which also happens to be ELFA’s 60 th anniversary.”

About TEQlease Capital
TEQlease Capital focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. For more information, visit https://www.teqlease.com or call (818) 222-1006.

###
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
For more information, press only:
Caila Sanford
1.844.222.1006
csanford@teqlease.com
For more information on TEQlease Capital:
www.teqlease.com

The post TEQlease Capital Recognized for 20 Years of Membership in the Equipment Leasing and Finance Association appeared first on TEQlease Capital.

FOR IMMEDIATE RELEASE
Calabasas, CA – March 11, 2021 — TEQlease announced the successful implementation of DocuSign electronic documents and eOriginal document management and securitization.

“TEQlease’s ability to integrate a digital documentation and signature system to process our contracts is critical in expanding our equipment lease finance program offerings to our end user and vendor partners. As the company continues to grow its education, commercial and municipal equipment finance business, it is important that we make the process more efficient and easier for our valued customers and business partners. We want to make sure that if you’re engaging with TEQlease, it is a positive and smooth experience and electronic documents is one way to make things easier for virtually everybody,” said Kyle Fleming, Vice President Finance. “TEQlease continues to strive to reduce its global environmental footprint and the implementation of DocuSign and eOriginal is a step in that direction.”

Digital documents are not only more efficient for TEQlease’s customers, but also for its vendor partners. The process allows mutual customers to complete documentation from anywhere without the usage of printers or the physical mailing of contract documents, thus facilitating a quicker and more secure transaction for all parties.

Since 2000, TEQlease Capital has specialized in providing best-in-class equipment lease financing solutions for businesses, educational institutions and federal, state and local governments, as well as offering equipment manufacturer and vendor finance programs across all industries. TEQlease Capital focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. For more information, visit https://www.teqlease.com or call (818) 222-1006.

###
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
For more information, press only:
Caila Sanford
1.844.222.1006
csanford@teqlease.com
For more information on TEQlease Capital:
www.teqlease.com

The post TEQlease Capital Integrates DocuSign and eOriginal Into It’s Equipment Lease Financing Process. appeared first on TEQlease Capital.