
We consider the public sector a key market and have built up a considerable portfolio of IT leased equipment, and cloud computing services in the UK and across Europe. By working with us, you can have the utmost confidence that you are doing so with someone who understands your pain and knows what they are doing.
Focusing on IT in the UK alone, we lease equipment to more than 500 local authorities, schools, academies, HE/FE institutions, universities and other public sector entities. Furthermore, we are ISO-certified to ISO 27001 and ISO 9001 and are a member of the Finance & Leasing Association as well as a recognised lessor on several leasing frameworks.
Framework Agreement for the Supply of Leasing Solutions
Crescent Purchasing Consortium - Leasing Services Framework
Cambridge University Hospital NHS Trust - Financial Leasing Services Framework
Southampton NHS Foundation Trust - Financial Leasing Framework
Durham County Council - Framework for the Provision of Leasing Facilities
Glasgow Leisure Trust - Procurement of Operating Lease and Finance Lease Facilities
Crown Commercial Services Leasing and Loan Finance DPS
Hertfordshire Council Finance and Leasing DPS
At the centre of all our public sector solutions is a financial model tailored to your needs, wants and desires. We have been providing finance solutions for over 40 years focusing on either an operating, finance or sale and leaseback solution.
An operating lease (also known as a residual-value based lease) allows for the use of an asset, but the lease term is short compared to the useful life of the asset. As a result, we take a residual value on the asset meaning the sum of rentals will be typically less than the original capital cost.
A finance lease is typically a full payout agreement; this means that the sum of the rentals includes the full capital cost of the equipment, plus the interest charges. A finance lease allows for the payments to be spread over the lease term, while also providing flexibility at the end of the contract.
We offer a sale and leaseback solution on a wide variety of assets. If your asset is less than 4 months old, we can pay you the original purchase price. If the asset is older than 4 months, we can offer you the net book value of the asset. This solution can be structured either as a finance lease
or an operating lease.
By using our sale and leaseback process, you can raise capital by selling your existing assets to CHG. There is zero disruption to your institution as you continue to retain all the benefits of usage yet transfer the risk of ownership and disposal to CHG.
We can provide solutions for institutions that do not have the required capital or revenue budgets for the current financial year but require an urgent supply of equipment.
A structured agreement can enable you to acquire equipment today and defer payments in line with budgets.
A deferred payment lease solution is available with an operating lease or finance lease.
During a deferral period, we will ensure that supplier invoices are settled on-time and in full, therefore allowing for the creation of a single lease schedule
Staying up-to-date with the latest IT technology is vital for any public sector institution, whether it be a government body or a further education college. It's clear to see that technology is here to stay and will become an even bigger part of the working world and learning environment in the future. A Device as a Service (DaaS) solution is the ideal procurement strategy that can help you to avoid costly cash purchases and keep your IT portfolio up-to-date with greater cost transparency.
What is a DaaS solution?
DaaS is a model that allows you to avoid the pain of having major capital expenditure and long waits for an upgrade in assets. This model combines the cost of the hardware and the cost of the lifecycle services into one single contract in the form of a monthly subscription.
Discover more about how we work with and help our public sector clients