SCHOOL FINANCE
Critical to schools.
First class critical equipment to provide quality education. Leasing is a great way for schools to secure new equipment.
It’s absolutely free.
96% approval rate
2 hours approval time
£150m raised to date
5,149+ customers supported
Schools can now acquire equipment through lease finance!
New accounting rules now allow leasing options tailored specifically for schools. Leasing is a great way for schools to secure the equipment and facilities they need to provide an A* star education.
Now, thanks to the Department for Education’s (DfE) pre-approved list of commonly used assets, schools can now finance essential equipment with quick and easy internal sign-offs, with no need for consent from DfE or governors.
From April 2024, local authority-funded schools can take advantage of finance leasing options for prescribed equipment. Academies can now also adopt these rules from September 1st, 2024.
So, what assets can authority-funded schools lease under the DfE’s guidance?
IT equipment:
whiteboards, touch screens, computers, laptops, tablets, photocopiers, printers, servers, door entry systems, CCTV systems
Telephony:
mobile phones, landline phones, telephone systems
Catering and cleaning equipment:
ovens, fridges, freezers, tills, water coolers, vending machines, dishwashers, washing machines, water boilers, small kitchen appliances, crockery, cutlery
Furniture:
desks, tables, chairs
Bathroom/sanitary items:
hand dryers, towel dispensers, sanitary bins
Gym equipment:
treadmills, free weights, weight machines, rowing machines, exercise bikes
Groundskeeping equipment:
lawn mowers, string trimmers, leaf blowers, salt spreaders
Minibuses and other vehicles
for the use of the school
Temporary classrooms
and equivalent structures
See why other businesses choose this product
“As Johnson Reed did such a good job with our IT needs, we called them back in August last year to help us finance new air conditioning units to the tune of £15,000. We’re delighted with the speed and efficiency of their service.”
Alan Haigh, Director of OPM Group IT Equipment Finance
Get a quote
Use our finance calculator to get an idea of how much your Quirky Kit repayments might be.
£188.30
£43.45
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