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Leasing & Financing

Whether you are a business executive looking to invest in new equipment or a vendor seeking financing options for your clients, you can leverage flexible financing through First American.

Case Studies

See firsthand how organizations have achieved their goals with customized financing from First American.

Higher Education

A Long-Term Approach to Institutional Investment

Fast Facts

Industry

Higher Education

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Organization

Touro University

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Client Since

2003

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Equipment Financed

Healthcare Simulation Labs, Classroom Technology, Academic Facilities, Specialized Learning Environments, ERP Implementation, Tenant Improvements

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Industry

Higher Education

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Organization

Touro University

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Equipment Financed

Healthcare Simulation Labs, Classroom Technology, Academic Facilities, Specialized Learning Environments, ERP Implementation, Tenant Improvements

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Managing Growth Across a Multi-Campus University

As Touro University expanded its academic programs, campuses, and specialized learning environments, equipment needs and projects continued to emerge across multiple schools and locations. From healthcare simulation labs and classroom technology to new academic facilities, the university required a financing approach that could support a wide range of projects while maintaining consistency across the organization.

Managing acquisitions across a growing university system can be complex, particularly when needs arise at different times and serve different purposes. Touro University sought a streamlined, scalable approach that would allow stakeholders across the institution to efficiently evaluate and acquire equipment.

“Touro really started on a shoestring, so cash flow was very important. Leasing was one way to preserve cash flow.”

- Melvin Ness, Retired CFO, Touro University

"A Master Lease Agreement provides a university the opportunity to make sure that the terms and conditions desired for the entire system are available for each individual location."

- Todd Benson, RVP, First American

A Scalable Financing Framework for Institutional Needs

To create a more consistent and efficient approach to financing, Touro University established a Master Lease Agreement with First American that provides standardized terms and conditions across the institution. Rather than negotiating a new financing structure for each acquisition, the university can leverage an existing framework designed to support multiple campuses, departments, and project types.
 

That framework is supported by a dedicated First American representative whose familiarity with Touro University's priorities, processes, and objectives has helped streamline decision making and adapt to the university's evolving needs.
 

Together, the Master Lease Agreement and established working relationship enable Touro to evaluate opportunities more efficiently, support equipment acquisitions across the organization, and maintain a consistent approach as the university continues to grow.

Managing Growth Across a Multi-Campus University

As Touro University expanded its academic programs, campuses, and specialized learning environments, equipment needs and projects continued to emerge across multiple schools and locations. From healthcare simulation labs and classroom technology to new academic facilities, the university required a financing approach that could support a wide range of projects while maintaining consistency across the organization.

Managing acquisitions across a growing university system can be complex, particularly when needs arise at different times and serve different purposes. Touro University sought a streamlined, scalable approach that would allow stakeholders across the institution to efficiently evaluate and acquire equipment.

“Touro really started on a shoestring, so cash flow was very important. Leasing was one way to preserve cash flow.”

- Melvin Ness, Retired CFO, Touro University

A Scalable Financing Framework for Institutional Needs

To create a more consistent and efficient approach to financing, Touro University established a Master Lease Agreement with First American that provides standardized terms and conditions across the institution. Rather than negotiating a new financing structure for each acquisition, the university can leverage an existing framework designed to support multiple campuses, departments, and project types.

That framework is supported by a dedicated First American representative whose familiarity with Touro University's priorities, processes, and objectives has helped streamline decision making and adapt to the university's evolving needs.

Together, the Master Lease Agreement and established working relationship enable Touro to evaluate opportunities more efficiently, support equipment acquisitions across the organization, and maintain a consistent approach as the university continues to grow.

"A Master Lease Agreement provides a university the opportunity to make sure that the terms and conditions desired for the entire system are available for each individual location."

- Todd Benson, RVP, First American

Supporting Academic Initiatives Across the University

Touro University has utilized a consistent financing strategy to support equipment acquisitions across its growing network of schools and locations. Key highlights include:

  • More than 20 years working with the same First American representative.

  • A Master Lease Agreement supporting equipment financing across multiple campuses and departments. 

  • A streamlined financing process that enables the university to evaluate and support new projects as opportunities arise.

Through a combination of a scalable framework and institutional familiarity, Touro University has maintained consistency in equipment financing while supporting ongoing institutional growth, new academic programs, specialized learning environments, and campus expansion initiatives.

"There's always something being added somewhere in the Touro University family ... we know that we can call First American and figure out how we want to finance."

- Ben Lowenthal, CFO, Touro University

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Financing for What's Next

From capital projects to equipment purchases, learn how First American can help fund your organization's needs.