EQUIPMENT LEASING FOR BUSINESS AND EDUCATION
Press Release

School Tech Supply and TEQlease Capital Partner to Provide Lease Financing Solutions

Calabasas, CA May 15, 2014— TEQlease Capital, a private equipment lease finance company and School Tech Supply, a Division of Pacific OneSource, Inc., today announced that TEQlease Capital has become the preferred financing resource for School Tech Supply. Through this relationship, TEQlease Capital will provide lease financing solutions for School Tech Supply customers throughout the United States. School Tech Supply is an industry leader providing refurbished PCs and discounted classroom technology to more than 50,000 public and private K-12 schools, colleges and universities across North America.

“School Tech Supply is a recognized leader in the education marketplace. Their ability to quickly understand the technology needs of their clients, and deliver an attractive and cost effective solution, make them an ideal partner for TEQlease’s education financing division. We are proud to serve their customer base as their preferred financing resource.” said Brian Link, Vice President of Sales and Vendor Development. “We will be able to provide School Tech Supply customers with customized financing options to help maximize the value of today’s limited budgets.”

“We looked at several potential partners and TEQlease stood out among them. Between their expertise in the education marketplace and their knowledge of hardware and software technology solutions, they were an easy choice for our company.” said Marc Netka, Co-Founder and CEO of School Tech Supply. “They have been able to structure and approve transactions that other lease financing providers could not.”

ABOUT TEQlease Capital

TEQlease Capital is a nationwide provider of equipment lease financing solutions across all industries, including manufacturing, education, distribution, financial services, agriculture, and retail organizations. TEQlease Capital customers include Fortune 500, medium-sized, and small businesses. Founded in 2000, the company is based in Calabasas, California. For more information visit www.teqlease.com, call 1-818-222-1006<, or email sales@teqlease.com.

ABOUT School Tech Supply

School Tech Supply is the result of a successful merger in 2010 between EduTech and one of its suppliers, Pacific OneSource, a company that specialized in refurbishing off-lease computer hardware. EduTech, was founded in 2001 in response to a California state initiative that granted technology funding to high schools. In their continued effort to provide more technology for less money, School Tech Supply was recognized on the Inc. 500 fastest growing private companies list for the years 2012 and 2013.

TEQlease Capital and TEQlease are trademarks, registered trademarks, or service marks of TEQlease, Inc. All other trademarks are the property of their registered owner