Our education leasing solutions
We understand that every school is unique, with different needs and specific requirements. That’s why we personalise each one of our solutions to your school's funding requirements.
3 Lease Quotes - Sourcing best value for your school
At Funding 4 Education we work for you and your school. As we don’t supply equipment our sole objective is to source the best value deal for your school. So, you can bid farewell to the headache of obtaining quotes from various suppliers as we will diligently gather and present 3 quotes to you, saving you precious time and ensuring the best value.
Leasing Solutions
A Funding 4 Education leasing plan is a cost-effective way for your schools to acquire the equipment you need, without having to use up valuable budget in one go. A Funding 4 Education lease is perfect if you’re looking to spread the cost over a period of time or if you refresh your equipment on a regular basis.
Operating Leases
Up until 2024, schools were only permitted to enter into operating leases. Whilst the figures appeared attractive, they were in fact artificially lowered by virtue of a balloon or residual payment. As a result, they were restrictive and, in many cases, lacked transparency.
A new accounting standard (IFRS16) was introduced in 2016 which meant that all leases (finance and operating) would be treated the same for accounting purposes.
The DfE introduced IFRS16 for Local Authority maintained schools on 1 April 2024, fundamentally changing how leases are recorded by eliminating the distinction between operating and finance leases. For academy trusts, the new leasing arrangements and reporting requirements apply from 1 September 2024.
The good news for schools is the finance lease provides much more clarity and flexibility and avoid any “unexpected” surprises in the form of “residual” or “balloon” payments.
Smart Start™
Smart Start™ Education Lease gives schools a flexible way to access the equipment they need without large upfront costs. Whether you have an underspend, limited budget, or no remaining funds, Smart Start™ offers tailored payment options designed to suit your school’s financial situation.
Laser Lease™
Laser Lease™ gives schools a simple, flexible way to fund the laser cutting equipment they already rely on, with predictable payments and complete peace of mind. Our all-inclusive packages can include warranty and servicing throughout the agreement, helping schools avoid unexpected costs while keeping their workshop running smoothly.
Not sure which solution you need?
Don't worry, get in touch with our customer care team and we can help you pick the right one for your school.
or call us on 01625 415 400