TEQlease Provides School with $1.5MM in Equipment Financing



TEQlease said it has provided Avenues: The World School, a New York City N-12 private school, with lease financing of over $1.5 million for infrastructure technology equipment for its new building in the Chelsea area of Manhattan.

“As part of our mission to drive innovation in the classroom, we know we must also ensure our students are fluent in using technology and are thereby truly digital citizens,” said Dirk DeLo, chief technology officer of Avenues: The World School and an Apple Distinguished Educator. “The financing from TEQlease has allowed us the flexibility and customization we need to build a world class technology infrastructure that includes a robust wireless network, SMART projectors, wireless screen sharing, web cameras, collaborative academic technology tools and interactive displays of students’ work. We will also be supplying each student with a laptop and/or a tablet computer.”

“Avenues is a visionary school and we are very pleased to provide the technology equipment lease financing that the school required,” said Mike Lockwood, president of TEQlease Capital. “We are deeply committed to helping schools, public, private and charter, with the funding they need to educate their students.”

Started in 2009 by Chris Whittle, Alan Greenberg and Benno Schmidt, Avenues is planned to be one highly-integrated “learning community,” connected and supported by a common vision, a shared curriculum, collective professional development of its faculty, modern technology and a headquarters team located in New York City.


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