UniversityLease caters to the unique academic and financial objectives of colleges, universities and research institutes with lease financing programs that preserve your capital while enabling you to acquire the equipment and other capital assets you need.

We understand the challenges you face in managing both your budget and your capital asset needs, especially in the area of computer technology. Rapid advances in technology, enrollment increases, diversity of courses and emergence of distance learning programs challenge even the most experienced higher education professionals.

At the outset, UniversityLease provides a master lease agreement that contains basic terms and conditions. Then as your institution grows and your equipment needs expand, we easily and quickly add schedules with minimal paperwork and streamlined approval procedures.

UniversityLease, a division of California First National Bank, was formed for the sole purpose of providing lease financing to private and public colleges and universities. California First National Bank is a wholly owned subsidiary of California First National Bancorp, (Nasdaq:CFNB), a diversified financial services company with two primary businesses: lease financing for capital assets to businesses and organizations nationwide, and commercial banking through an FDIC-insured national bank.

Based in Orange County, California, California First National Bancorp provides an excellent financial foundation with significant liquidity and stockholders' equity exceeding $197 million as of June 30, 2007.