Boxlight, a provider of interactive technology, digital signage and software solutions, partnered with TEQlease Capital to launch Boxlight Financial Services, a financial services program that will help customers such as schools, school districts, companies and other organizations acquire technology.

The program will allow customers to lease or finance Boxlight’s Mimio and Clevertouch branded technology solutions. By providing finance options, Boxlight will allow organizations to invest in solutions with monthly, quarterly or annual payments that align with budgets or the typical depreciation period for the technology. Boxlight will be providing its customers with the ability to receive 1.49% APR financing through this partnership with TEQlease Capital, with customers typically qualifying within a day.

“Boxlight Financial Services’ financing program is another way for Boxlight to offer benefits to our customers that may otherwise put off critical technology needs until a significant funding resource becomes available. The program allows customers to expand their technology budget up to a five-year period, allowing customers to keep their technology current,” Hank Nance, chief operating officer of Boxlight, said.

“Working with Boxlight to deliver best-in-class financing solutions to Boxlight customers requires us to provide the very best business financing strategies and a choice of financing solutions,” Mike Lockwood, president of TEQlease Capital, said. “We can customize financing solutions to help Boxlight clients match technology use to their particular financial requirements and budget constraints.”