TEQlease Education Finance provided iLEAD Charter Schools, a Southern California-based charter school group, with equipment lease financing for IT equipment, tablets, IT infrastructure, school furniture and other school equipment for its Santa Clarita, Lancaster and San Fernando Valley learning centers.

“This agreement will play a key role in the ongoing expansion of iLEAD Schools,” said Dawn Evenson, co-founder and executive director of education for iLEAD Schools, which expanded to 11 total locations this year. “With new locations in Pacoima, Encino, North Hollywood and Antelope Valley, we’re bringing iLEAD’s project-based, learner-centered approach to an ever-increasing number of learners.”

Amber Raskin, iLEAD co-founder and executive director of business development and operations, said the agreement with TEQlease will provide much-needed equipment and technology for the charter school group’s students in kindergarten through 12th grade.

“We are very pleased to have provided the equipment lease financing solution that iLEAD Charter Schools required to accomplish the expansion and integration of several new school locations,” said Mike Lockwood, president of TEQlease Education Finance. “We are deeply committed to helping charter schools with the funding they need to educate their students. In addition, we are excited to be part of such a special project, and we take pride in knowing that our efforts go to an excellent cause and help shape the minds of the future.”

TEQlease Education Finance is a division of TEQlease Capital, a nationwide provider of equipment lease financing across all industries, including manufacturing, education, distribution, financial services, healthcare and retail organizations.