Civic IQ
EQUIPMENTAMENDED

Voorhees Township School District Board Meeting Agenda May 2026

Board Amends Lease Purchase with Customers Commercial Finance

Voorhees Township School DistrictCUSTOMERS COMMERCIAL FINANCE LLCMay 6, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Voorhees Township Board of Education approved an amendment to its lease purchase agreement with Customers Commercial Finance, LLC to adjust payment schedules for years two through five while retaining the 3.99% interest rate. The change is intended to level the district’s overall lease purchase payments.

Contract Details

Vendor

CUSTOMERS COMMERCIAL FINANCE LLC

Agency

Voorhees Township School District, NJ

Contract Type

EQUIPMENT

Document Date

May 6, 2026

Contract Term

Remainder of a five-year lease purchase term

Renewal Info

Amendment No. 01 modifies payment schedules for years two through five of an existing five-year lease purchase; no extension of term or interest rate change is included.

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