GICA is pleased to offer a leasing and asset management agreement with First American Education Finance (FAEF). Through the consolidation of potential equipment and technology acquisitions from all 25 of our member institutions, this agreement offers competitive lease rates as an alternative to the expenditure of your capital dollars for equipment purchases.
First American Education Finance is also a part of City National Bank, and therefore uniquely positioned to offer a wide range of sound financial products in addition to customized financial expertise for schools.
We are proud to provide you with this alternative to capital purchase, particularly for products in the areas of rapid technology development like computer labs and communication infrastructure. First American offers you the option of expensing the costs through a managed life cycle replacement program. The result is the creation of a strategic equipment plan that addresses the critical needs on your campus while reserving your capital for other uses.
To access the GICA agreement, click here. You will need the username and password e-mailed to your institution.
For more information about this agreement, please contact Phil Palermo at (585) 643-3217.