AbleNet Announces Flexible Financing Options for Special Education Curriculum, Assistive Technologies and Support Services

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AbleNet addresses school district and classroom budget challenges with purchase, lease, and bridge-to-budget options for special education curriculum, classroom-ready assistive technology tools, ongoing support services, and ad-hoc requirements.

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Districts can have the latest technologies in place for summer programs, or get teachers up to speed with new curricula before the school year starts, by committing to the products and services they need and opting for a deferred payment that coincides with budget cycles.

AbleNet Inc. has a longstanding reputation for listening to, and addressing, the unique challenges faced by school district administrators, special education professionals and support staff. This year, AbleNet tackles the universal challenges of budget limitations, budget timing, and cash flow with flexible purchase, lease, and bridge-to-budget options.

Accountability requirements for educating students with mild, moderate or severe cognitive and physical disabilities demand proven, research-based special education curricula paired with assistive technologies that support measurable student progress. To ensure that every school has access to the programs, technologies and services they need, AbleNet, in conjunction with Creekridge Capital, will offer a variety of flexible financing options designed to make the most of ever-tightening school budgets.

"We are passionate about helping school districts solve their budget challenges," said Jen Thalhuber, AbleNet CEO. "As true partners to district administrators, we needed to find ways for them to purchase the curricula, technologies and services they need to make certain every student reaches his or her full potential."

The newly announced relationship between AbleNet and Creekridge Capital is different than other financing partnerships because it offers both hard and soft financing, which means district administrators have the power to finance both products and services. Traditional financing tends to focus on tangible or hard products, such as classroom tools and technologies. AbleNet and Creekridge Capital acknowledge the fact that less tangible, or soft products, such as curricula, professional development services and support have historically required substantial cash outlays, putting further strain on already tight budgets. To address the issue, AbleNet now offers flexible purchase and leasing options on all of its products and services, most notably the AbleNet Student Achievement Program, which combines research-based special education curriculum and classroom-ready technology tools with ongoing service and support.

"AbleNet offers bridge-to-budget financing with deferred payment options that puts an end to waiting for the next budget cycle," added Jen Thalhuber. "Districts can have the latest technologies in place for summer programs, or get teachers up to speed with new curricula before the school year starts, by committing to the products and services they need and opting for a deferred payment that coincides with budget cycles."

Leasing has become an increasingly attractive option for school administrators tasked with making substantial district-wide purchases that support their special education students and teachers. AbleNet's leasing option offers lower monthly payments and requires no down payment, which allows districts to acquire the products and services they need today, while conserving working capital for other needs as they arise. Another distinct advantage to leasing AbleNet products and services is that a lease has zero impact on financial statements, meaning a district's borrowing potential is not reduced, which results in a healthier debt-to-equity ratio. Leasing also provides protection against obsolescence by giving administrators the option of upgrading as new AbleNet curricula, technologies, and services become available - a feature that is sure to capture the attention of district administrators who are currently considering the AbleNet Student Achievement Program as a district-wide investment for their K-12 special education classrooms.

For more information about purchasing or leasing AbleNet products and services through its partnership with Creekridge Capital visit http://www.ablenetinc.com/asap or call AbleNet at 1-800-322-0956.

About AbleNet
AbleNet, Inc., offers a complete line of assistive technology products, including communication aids for non-verbal students; access aids, such as switches and wheelchair mounting devices for students who require physical supports; and classroom tools that can be used by any individual student or during group activities. The company is also recognized for developing research-based special education curricula that meet state and federal mandates.

Located in Roseville, Minnesota, AbleNet Inc., is an ESOP company that employs 35 people and sells its products through a network of distributors in 49 countries. AbleNet's products and programs have been used in tens of thousands of classrooms nationally for more than 20 years. For more information, visit http://www.ablenetinc.com.

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Mary Kay Walch

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