TEQlease Education Equipment Finance Provides Equipment Financing for Charter High School of Arts Association (CHAMPS) to Receive 400 HP Chromebooks Amid COVID19

Charter High School of the Arts, located in Van Nuys, California is known for academic excellence, social responsibility, self-expression, and life-long learning with integrated arts education to help students address broad curriculum themes and achieve robust habits. When COVID19 started to spread
rapidly, California schools were some of the first to shut down and adopt remote learning. The need for personal student devices sky rocketed when decision makers sent students home to learn. As this was occurring, TEQlease Education Account Executives began diligent work to get equipment financing to school districts in need, especially for student devices.

“TEQlease made it easy to finance the purchase of additional Chromebooks as the school transitioned to 1:1 devices at the start of the pandemic. I appreciated being able to connect to a person for support throughout the process” said Linda Pierce, Executive Director of CHAMPS. “I knew the timeline for CHAMPS was important, because students needed personal learning devices to stay on track for the rest of the 2020-21 school year” added Bruce Fornatoro, Senior Education Account Executive.

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.

TEQlease Capital Hires Stout For Public Equipment Finance Sector

TEQlease Capital has hired Chris Stout as Managing Director – Public Finance. Stout will lead TEQlease Capital’s public equipment finance business, including federal, state and local taxable and tax-exempt equipment financing. Stout’s addition will complement TEQlease Capital’s existing commercial and education teams, and will allow the company to more fully serve its manufacturer, reseller and solution provider partners.  

Prior to joining TEQlease Capital, Stout, a 20 year public equipment finance veteran, held several roles in which he developed and oversaw portfolios of lease financing transactions with federal, state and local government agencies, created financing solutions “whole cloth” to program specific requirements for government agencies and contractors servicing those agencies. 

“We welcome Chris to the TEQlease team and are excited to add Chris’ wealth of expertise,” said Mike Lockwood, President of TEQlease Capital. “Chris will complement our existing public education equipment finance business, and allow TEQlease to broaden our offerings to our vendor partners”.

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.