JourneyEd.com Offers Tech Leasing Program for Schools
JourneyEd.com, a reseller of education technology, has launched a new technology leasing service for K-12 and higher education.
to a news release, the company's leasing plan allows schools of any
size to finance 100 percent of their technology, including hardware,
software, training, installation and shipping. Some of the most
commonly leased technology, as listed on the company's site, includes
Chromebooks, Windows laptops, tablets, printers, networking equipment,
servers and storage, software and IT services. Participating schools
have the option to trade in, add on, exchange or upgrade their
"School budgets are tight and technology is changing
at a hurried pace," said Greg Lamkin, CEO of JourneyEd.com, in a
prepared statement. "Leasing allows schools to remedy both of those
issues by providing them with a way to acquire the latest technology
without the overwhelming upfront cost."
The service offers
schools a fixed monthly payment without a large up-front cash outlay,
according to information on the company's site. Some of the available
leasing options also offer "tax-deductible monthly payments or the
possibility of capitalization." Leases cannot be canceled before the
end of the contract term, and schools must provide proof of insurance.
company claims that schools can expect "potential first year savings of
about 70 percent, compared to a cash purchase of the same product at
list price," and "present value savings of 10 to 20 percent, compared
to cash, over a 3 year period."
Further information about the
technology leasing service, including a downloadable IT Guide to
Leasing Technology for Schools, can be found on JourneyEd.com.
Leila Meyer is a technology writer based in British Columbia. She can be reached at [email protected].