Glendale Adventist Academy, a college preparatory school founded in 1907 for young men and women, recently financed two Ford Transit Passenger vans through TEQlease Education Finance. The bus financing will provide student athletes with better transportation options and a higher safety standard for event transportation. In fact, the big push for vehicle upgrade came from school donors and alumni. “They felt the student athletes deserved more for all of their hard work,” Principal Dr. Olaore commented. TEF Account Executive William Vasquez explained the process early so all parties could work efficiently: “I worked in coordination with Principal Dr. Olaore and Jared Hinkle, the school treasurer. Both were very prompt in their responses to provide information, which allowed us to complete the financing transaction in record time. Jared went out of his way to explain the relationship with the school’s parent organization so we could understand how properly to structure the financing.”
Glendale Adventist Academy has a distinguished history as a center for providing quality Christian education that seeks to develop young people of character. Located in Glendale, California, the school serves students in the greater Los Angeles area. GAA is owned and operated by the Seventh-day Adventist Church and is part of the largest Protestant educational system in the world. The school is fully accredited by both the Western Association of Schools and Colleges (WASC) and the Seventh-day Adventist North American Division Commission on Accreditation.
TEQlease Education Finance specializes in providing equipment financing for public, private, charter and religious schools across the U.S. TEQlease was founded in 2000 and is based in Calabasas, California. For more information, visit https://www.teqlease.com/education_equipment_financing/