TEQlease Education Finance has released a white paper to provide a guide to charter schools about equipment lease financing solutions, general lease terms, best practices, specific challenges for charter schools, how to avoid common pitfalls, and how to achieve the best results.
The paper, titled “A Guide to Equipment Lease Financing for Charter Schools” and authored by Michael Lockwood, President of TEQlease Education Finance, discusses the top questions charter schools have about equipment lease finance.
Unlike the financing methods involved in operations or real estate financing, the issues surrounding equipment lease financing (for everything from furniture to computers) tend to be different. And charter schools have been significantly underserved in this area. With 7,000 charters and 3 million charter school students, charter schools are an increasingly important part of the education landscape. But charter schools differ from public schools in several important aspects that impact equipment lease financing.