Spread repayments over working life of the equipment
Flexible payments tailored to your needs
Period of hire to suit you
Competitive source of finance – can be less than 0% interest if the equipment is returned to the leasing company
School/college capital budgets can be directed to other projects
Avoids equipment obsolescence as it is replaced regularly
Transfer of ownership risk on to the leasing company – School staff should not be asset managers
Asset management – disposal to comply with WEEE Directive (Waste Electrical and Electronic Equipment) where applicable
Off balance sheet accounting opportunity if required
We can provide expert independent advice and competitively source the best leasing rates in the market on your behalf. In association with Cornwall College, UniLink have an EU tendered leasing framework available to all Universities in the UK, saving valuable procurement time and resources.
(1)You source and select the equipment that you require and negotiate the best purchase price from the supplier. We will then either provide you with a straightforward lease quotation or tailor a rental package to your specific requirements.
(2)We will then send you a short Rental Agreement for signing.
(3)You will then be asked to instruct the supplier to invoice the leasing company. You then arrange with the supplier to deliver the equipment.
(4)Once delivered, and you are happy with the equipment, you then return the acceptance certificate to the leasing company who will in turn pay the supplier.
(5)You do not start making rental payments, until you are satisfied that the equipment has been delivered (and installed).
“We approached UniLink in 2015 to advise how best to finance a significant capital expenditure. Within a week of opening discussions we had met with UniLink and they had a clear strategy in place. We had a very short time frame to tender, select the lessor and place the order with the supplier. UniLink achieved the target set by the Institute enabling us to secure additional savings over our existing leasing suppliers. We have since met with UniLink again to discuss how they can help us with establishing a programme for funding elements of our capital expenditure going forward.”
Nick Richmond-Smith, Head of Procurement, The Francis Crick Institute - London