ICT Leasing for Schools

As technology takes on greater importance in the national curriculum and schools having to be prepared for situations like the present, we understand the importance of having the right technology in your school. However, with tight budgets in the UK educational sector it can be difficult to obtain all the necessary technology.

edde are here to provide cost effective and innovative solutions so you can do just that. Our fully compliant lease facilities means you can spread the cost of your equipment. Let’s take a look at what you can lease, how it works and the benefits!

Funding Solutions

ICT leasing for schools. Whether you are a local authority run school, an academy, private school, further education college or university… we have a solution for you.

Operating Lease

An operating lease is the type of lease agreement that all local authority run schools can utilise. It is a lease agreement where the school does not have outright ownership of the technology bur has all the benefits of owning the equipment. The monthly payments are worked out on a discounted supplier invoice value which results in a cheaper monthly payment plan to fit your budgets.

At the end of the agreement, there is an option to return the equipment or continue with the lease.

Lease Finance

A lease finance agreement is an agreement type that some independent schools select. This allows schools to lease the equipment for fixed rental payments that cover the cost of the asset. Your school then has the option to purchase the equipment at the end of the agreement.

What can you lease?

edde can provide a number of flexible funding solutions for a range of equipment to cover your ICT requirements.

  • Wifi infrastructure
  • Laptops
  • Chromebooks
  • ipads
  • tablets

What is the process?

The process from beginning to end is very simple and isn’t at all complicated for the school. There are six key steps which are as follows:

1. Supplier Quote – edde can put you in touch with a leading supplier who specialise in providing technology for schools. They can provide you with advice, support and a quotation for the equipment.

2. FREE Quote – Contact edde for a fully compliant lease quotation.

3. Finalise Agreement – edde will get the credit in place and send over paperwork for signature.

4. Equipment Delivery – Delivery arrangements are made with the supplier.

5. Supplier Cost Settled – The funder then pays the supplier for your chosen equipment.

6. Your Payments Begin – Lastly, your monthly/quarterly payments begin.

Benefits of ICT Leasing for schools

Equipment on an operating lease can be incredibly beneficial to schools and other educational establishments.

Here’s why:

  • Improved cash flow

    avoid up-front payments, and free up cash for use elsewhere.

  • Tax Benefits

    An operating lease could allow you to deduct payments as operating expenses.

  • Pay for the equipment as you use it

    Companies pay employees over time as they work, so why pay all the cost for technology in advance?

  • Protected balance sheet

    Leases are generally not recorded as debts, and won’t affect your balance sheet.

  • reduces the risk ownership

    When involved in an operating lease, you don’t outright own the equipment.

  • Keep up-to-date

    Technology moves on quickly, and short-term leasing is the best way to ensure your school keeps up with the latest advances.

As you can see there are a range of benefits for using a leasing solution for your education establishment. The predictable budget allows you to manage assets and essential cashflow. This also helps save cash for you to invest in other areas of the school.

Get in Touch!

Edde’s ‘ICT leasing for schools’ scheme is ready to help your school obtain all the most up to date technology. Provide your students with the best possible digital devices to drive engagement and aid learning in and out of the classroom.

Please feel free to give us a call or send an online enquiry. We look forward to hearing from you!

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