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Assured Asset Finance have since the companies inception provided finance and leasing solutions to many local authorities on a wide variety of assets.
Lease agreements not only provide the ability to purchase expensive equipment within budgeting restraints, but the flexibility allow the lessee to regularly upgrade equipment, structure and restructure payments profiles to there needs.
Operating leases remain the most popular funding mechanism for local authorities. An operating lease remains off balance sheet (shown as a revenue expense in public accounting terms) and because a residual value position is taken by the lessor the risks of ownership do not lie with the authority. The flexability of end of lease options allows them to return, upgrade and maintain usage of the equipment at the end of the agreed primary term.
Assured Asset Finance’s work extensively in many sectors in both the public and commercial spheres and therefore are able to offer a full range of financing options including: -
* Operating Lease
* Finance Lease
* Sale and Leaseback
* Hire Purchase
* Lease Purchase
Funding is available for a wide range of of equipment such as:-
Cars, Refuse Vehicles, Wheelie Bins, IT equipment, AV, modular buildings, CCTV and telecommunications equipment.
When Supplying equipment to the public sector it is vital for vendors to have a funding partner who is able to provide competitive pricing and a flexible and helpful approach. Assured Asset Finance have years of experience providing this, for further details please see our vendor finance section