Finance and Equipment Leasing for Schools, Colleges and Universities.

With public sector funding under constant pressure and strict rules previously limiting borrowing, many schools have delayed essential upgrades. Recent changes in finance regulations are a game-changer, allowing you to acquire necessary resources without depleting your budget.

Why Choose Business Leasing & What Has Changed?

Previously, schools needed approval for leases considered 'borrowing.' Now, with the introduction of IFRS 16, you can use both finance and operating leases more freely.

What Does This Mean for Your School?

From 1st April 2024, Local Authority schools can enter fixed-term leases on a wide range of assets and equipment. This flexibility will also extend to academies starting from September 2024. By opting for asset finance, your school can avoid the burden of full upfront costs and instead spread these costs over time through manageable payments.

Assets Available for Finance

Your school can now easily finance a variety of assets including:

How Can First Capital Finance Assist You?

At First Capital Finance, we understand the challenges of planning and executing school investment projects, especially under tight budgets and timelines. We have access to one of the largest funding panels in the UK, and as brokers, we work closely with you to understand your specific financing needs and offer tailored solutions.

Next Steps

If your school needs new equipment, furniture, technology, vehicles, or upgraded facilities and you are interested in leveraging these new financing options, please get in touch. We look forward to helping you enhance your educational environment and meet the needs of your students and staff.