Finding a Solution for Campus Growth

Success Story: Tabor College

Finding a Solution for Campus Growth

 

School:
Tabor College

Program:
Campus Improvement Program

Project:
Deferred Maintenance

Financing:
Operating Lease

Additional Resources:
+ Deferred Maintenance Projects
+ Tabor College Website

 


Challenge:

With aging buildings and out of date equipment, Tabor College in Hillsboro, Kansas hadn't ever considered lease financing. Tabor College partnered with First American to address the deferred maintenance projects on their campus.

"First American presented to me an option that I hadn't considered before. The operating lease option was something that I thought applied only to office equipment and hadn't ever considered it for projects that seemed of a capital nature to us."

Kirby Fadenrecht
Sr. Vice President

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First American Commercial Bancorp, Inc. is a wholly-owned subsidiary of City National Bank. Deposit products and services are offered by City National Bank Member FDIC. City National Bank is a subsidiary of Royal Bank of Canada. “First American Equipment Finance” is the trade name for certain equipment leasing and finance businesses of First American Commercial Bancorp, Inc. and its subsidiaries. Equipment financing transactions are provided in Canada by FA Equipment Finance, Inc. For California clients: Loans made or arranged pursuant to a California Finance Lenders Law license. All transactions are subject to credit approval. Some restrictions may apply.

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