Community Schools of Frankfort has completed a refresh of 1,000 student laptops based on a 4 year refresh cycle, using financing from TEQlease Education Finance to complete the acquisition. The Community Schools of Frankfort, Indiana is a PreK-12 district, ensuring excellence for every student, every day. Community Schools of Frankfort is located in Frankfort, Indiana. It has grown to include three elementary schools, as well as Frankfort Middle School, Frankfort High School, and Frankfort Virtual Academy
TEQlease Education Finance offered Community Schools of Frankfort a comprehensive financing solution with a deferred payment plan tailored to the district’s budget requirements. Financing the refresh project was designed to stretch repayment over 4 budget cycles and to defer the first payment to align with the commencement of the new school budget year. This allowed Community Schools of Frankfort to get the project started well in advance in order to reach completion goals during the summer break. The district used tax-exempt financing offered by TEQlease Education Finance to acquire student laptops in 2020, and then again in 2024.
“I had the pleasure of working with Debbie Bracken and the team at Frankfort Community Schools to refresh their devices that were purchased in 2020. The district was quick to respond and process all of the finance requirements in an efficient and timely manner so they could obtain the much needed devices,” said Stephanie Epp, Senior 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 was founded in 2000 in Calabasas, California. For more information, visit https://www.teqlease.com/education_equipment_financing/