MAT & Academy Operating Leases
A flexible way to fund expansion
With the twin pressures of tightening budgets and the constant pressure to improve standards in the classroom, operating leases are a popular way for academies and MATs to fund investment without having to find capital.
Put simply, operating leases enable an academy to pay a rental fee to hire an asset, e.g. a modular classroom block, over a period of time without having to borrow money to pay for it.
Operating leases are often cheaper in the short term but ultimately cost more than buying the asset outright.
There are other key benefits:
Costs can be spread
Repairs & maintenance are normally the responsibility of the lessor
Assets can be returned or upgraded at the end of the lease period
At S2e we can help you access private funding through operating leases. For more information please call 0116 5070130 or email enquire@s2e.org.uk.
Last month the government launched the School-Based Nursery Capital Grant which is a one-time grant available for eligible state-funded primary schools. Schools can bid for up to £150,000 of funding to use solely for capital expenditure, to convert surplus space within a school building so that it is suitable for nursery provision, from a total funding pot of £15 million.
Join Surveyors to Education (S2e) on Wednesday 20th November at the Schools & Academies Show 2024 for a chance to win early access to our brand-new thermography survey.
Schools appear to be one of the relative winners in last month’s Budget seeing further investment in breakfast clubs and an additional £2.3 billion towards the core school budgets to support Labour’s manifesto pledge to recruit 6,500 teachers.