TEQlease Capital Hires DeBrase to Lead Sales Organization



Bob DeBrase joined TEQlease Capital as senior vice president of sales. In this management role, DeBrase will lead TEQlease Capital’s sales organization, including its education, commercial and public equipment finance teams. DeBrase also will join TEQlease Capital’s board of directors.

Prior to joining TEQlease Capital, DeBrase, a 30-year equipment finance industry veteran, held sales leadership roles at Wells Fargo Commercial Capital and GE Capital. DeBrase led sales teams to deliver consistent program growth and developed long-term relationships with equipment manufacturers and vendors.

“We are very fortunate to have Bob join the TEQlease team. Bob’s proven leadership and wealth of expertise in our industry, including in education technology equipment finance, will be critical in expanding our equipment finance program offerings to our manufacturer and vendor partners,” Mike Lockwood, president of TEQlease Capital, said. “Bob is uniquely suited to lead our sales teams, and we are confident he will further our growth plans.”

Since 2000, TEQlease Capital has specialized in providing equipment lease financing solutions for businesses, educational institutions and federal, state and local governments. The company also offers manufacturer and vendor equipment finance programs across industries.


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