Operating Leases

The Institute of School Business Leadership (Previously the NASBM) states:

An Operating Lease is the only type of lease agreement that state funded schools (local authority or Academy) can enter into without prior approval.

No other form of finance (such as hire purchase) may be entered into by a school as this is a prohibited form of borrowing.

What are the benefits?

Fixed, known payments
Compliant with education legislation and funding guidlines
Improved cash flow
Rentals are considered an expense item
Rentals may work out to be interest free
Equipment may be returned at the end of the contract or upgraded

What does it mean for you?

How to arrange a lease!

Axis will make this as simple and smooth a process as possible. Use our 5 simple steps below:

1. You choose the supplier and we can provide you with a leasing quote, which can be tailored to your particular budgetary requirements.
2. The rental agreement will be sent out for signing.
3. Once the paperwork is received by ourselves and in order you will be able to instruct the supplier to invoice the funder and arrange delivery.
4. Once you are satisfied the equipment is delivered and installed correctly you sign an acceptance certificate and this is sent to the funder in order for the supplier to be paid.
5. You commence your rental payments upon activation of the contract unless scheduled for a specific date.

Need a quote or have a question?
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Why our customers trust us...

Over 20 years experience in the finance sector

Winners of Inaugural Societe Generale UK Broker Award (April - June 2019)

Authorised member of the Financial Conduct Authority

We have worked with some of the UK's largest institutions

“Bancroft's School have used Axis Leasing since 2009. They have always handled the "middle man" part of the leasing process (between ourselves and the preferred competitive broker) impeccably. We are always kept up to date with the progress of the leasing lifecycle, from initial discussions, through to final sign off after successful installations, and with diligent after care support. The team at Axis is always attentive to our needs, communication is always timely, and they have consistently been a pleasure to deal with. I envisage using Axis for many years to come. ”

Daniel Siggins - IT Manager

Axis leasing has provided us with no-nonsense advice and financing we can rely on. What can be a complicated and often treacherous task is made simple, easy and secure. Our account handlers are always on hand if we need them but aren’t constantly pushing for business. Exactly how we like it! They understand the needs of an educational establishment; which isn’t always the case. Not sure why we would go anywhere else.

Bancroft's School have used Axis Leasing since 2009. They have always handled the "middle man" part of the leasing process (between ourselves and the preferred competitive broker) impeccably. We are always kept up to date with the progress of the leasing lifecycle, from initial discussions, through to final sign off after successful installations, and with diligent after care support. The team at Axis is always attentive to our needs, communication is always timely, and they have consistently been a pleasure to deal with. I envisage using Axis for many years to come.

We were recommended Axis leasing in relation to a relatively straightforward leasing requirement for our new showroom. In the end we used them for some more complex requirements. We found them to be very helpful and professional and moreover they met our requirements at a very competitive cost. I could not recommend them more highly

We have been using Axis Leasing for our business funding since 2014. No asset type appears to be a problem. They have funded software licences, IT equipment and even surveying equipment imported from Sweden. In all cases the paperwork is straight forward and the process is so simple. We would recommend them to any company.