ecoughtrey

Hi Darren, I work at Syscap it sounds like a Operating lease structure which would mean you would rent the kit and after the intial period (normally 3 years) you can choose to extend or refresh etc.. There are lots of options at the end of the term so very flexible. We have been working within the education sector for 15 years and specialise within Schools. What School are you at? I can always get your Syscap contact to email you and explain it in more detail if thats any help.

Hi Alonebfg Schools are allowed to enter in Operating Leases but not Finance Leases. With a operating lease structure typically the finance provide will invest between 10-15% into the value of the equipment. At the end of the 3 year term you are able to refresh or take ownership of the kit for a one off fee. We have written a white paper on leasing in schools if you would like me to email it to you?