History
of TEAM Equipment Leasing
TEAM Equipment Leasing was established April 28th 1997 and is
headquartered in Austin, Texas. It’s founder, Ted Reynolds
has specialized in financing “High Technology Products”
since 1987. TEAM is very active in the “High Technology
Community”. Living and working in Austin allows TEAM to
strategically pursue their specialty, which is working with software
and hardware vendors (nationwide).
There
is an incredible demand for companies needing to finance their
software and other technology needs. Anywhere from PC’s
and computer networks to large software installations. In fact,
TEAM Leasing will finance 100% Software.
One
of the tricks of the trade is successfully funding the equipment
leasing needs for venture backed and start up companies. TEAM
Leasing takes a common sense approach to business. Whether you
are a one man operation just starting your business, or a large
venture backed company, TEAM will fund your high technology equipment
needs.
In
January 1999 TEAM launched the Technology Refresh Lease. This
concept gives companies a genuine ability to expand their technology
needs without increasing their overhead. This win win approach
to business gives growing companies the ability to acquire more
technology without increasing their payments.
The
benefits of working as a TEAM is the very thread that drives business
for TEAM’s vendor partners. TEAM’s staff works closely
with high technology vendors to develop a smooth acquisition process
for their customers. TEAM becomes their virtual “leasing
department”. TEAM does all of the leasing paperwork so vendors
can spend their time selling. TEAM's staff will receive leads,
quote payments, process applications, re-contact the customer
when approved (or declined), send documents to the customer, follow
up with signed documents, manage the funding procedure and put
time back into their day! “10 times out of 10 we'll save
you time...”
TEAM
is strategically backed by multibillion dollar funding sources
and also funds transactions internally with its own sources of
capital.
This
unique funding capacity enables TEAM to promote its motto "We
Approve Leases Just Like Magic!"
