The National Cooperative Purchasing Alliance (NCPA), through its Region XIV Education Service Center, awarded TEQlease Capital its annual contract for term financing programs and related services based on TEQlease’s RFP response. Through the contract, NCPA members can access TEQlease Capital’s suite of equipment lease financing options.

The NCPA is a national government purchasing cooperative working to reduce the cost of goods and services by leveraging the purchasing power of public agencies across the United States.

“Being an approved NCPA vendor is an immense opportunity,” Mike Lockwood, president of TEQlease Capital, said. “We look forward to offering equipment lease financing solutions to NCPA members nationwide.”

“It has been seamless working with [the] NCPA team,” Chris Stout, managing director of TEQlease Public Finance, said. “NCPA members and other vendors will have the option of using TEQlease’s TEQQuote online equipment lease financing quote tool, allowing NCPA members to obtain real-time equipment lease finance quotes for bid, budgeting and analysis purposes.”