Finance Solutions

Once your requirements are refined in terms of equipment specification and value, we can then perform a lease quotation exercise on your behalf. For details on how to obtain a quote, please contact:

Quotes / Indicative Pricing:

• Indicative pricing is available initially based upon monthly updated lease rates or tailored indicative costs from past similar projects. Three, five or seven year alternatives are provided for both quarterly and annual payment profile options for review.
• If you decide to pursue a full lease tender then we will issue a one page lease questionnaire along with supporting instructions.

Timeframes:

• Indicative pricing – 24 to 48 hours.
• Full lease/loan tender – 5, 7, or 10 working day tender cycles, depending on the complexity of the lease project and timescales highlighted by you.

Information you will need to provide:

• Indicative pricing – Capital quotation and specification.
• Full lease tender – Final Capital quotation and equipment specification plus a fully completed (one page) lease questionnaire.

Through our framework we are able to offer commercial loan financing and leasing arrangements.

Finance Leases

• On balance sheet lending
• Financed through the capital budget
• Lessors take equipment title but risk and reward of ownership sits with the trust
• As a minimum, the term of the finance lease must cover the economic life of the equipment
• On disposal the trust can take the majority of the sale value (normally 95%-99%).

Operating Leases

• Off balance sheet funding
• Financed through the revenue budget
• The trust pays a rental and does not own the equipment
• Lessor pays for the equipment in full and has a ‘Residual Value’ invested
• The trust can extend or alternatively return the asset at the end of the lease
• The lease period must be less than the economic life of the equipment
• No option to purchase in the lease.

Loans

• Spread the costs of financing building works associated with the installation of large medical equipment (such as diagnostic imaging)
• Fund multi-year maintenance services where significant savings can be made by committing up front.

See our Downloads section to view which suppliers can provide each finance solution.