St. James Parish School System decided to implement a system-wide school door security project, including external doors and all interior and classrooms doors for a total of 975 doors to be outfitted with access readers and digital locking with central monitoring. St. James Parish is a suburban school district outside New Orleans that serves 4,181 students across eleven K-12 schools. It was established over 200 years ago in 1807.
TEQlease Education Finance offered St. James Parish School System a comprehensive financing solution with a deferred payment plan tailored to the district’s requirements, that also accommodated a necessary lengthy installment timeframe. Financing the security project was designed to stretch repayment over 5 budget cycles and to defer the first payment to align with the commencement of the new school year. This allowed the district to get the project started well in advance in order to reach completion goals by end of summer break.
“It was great working with St. James Parish School System,” said Chris Possis, Senior Account Executive. “The school management knew exactly how they wanted to approach the financing, and they were efficient and organized at every step.”
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 was founded in 2000 in Calabasas, California. For more information, visit https://www.teqlease.com/education_equipment_financing/