12 Sep How schools fund LED Lighting with us!
The Schools fund the LED Lighting scheme by using The Educational Social Enterprise Fund for LED Lighting. The ‘Social Enterprise Fund’ enables schools to install LED Lighting, lower energy costs and reduce their carbon footprint without having to find the upfront capital to purchase the equipment. By simply paying an annual lease amount the scheme generates cash surpluses for the school from day one to be reinvested in educating disadvantaged children. There are no capital costs to the school and the lease repayments are made from the savings, there will always be a surplus left for the school after the lease payments are covered. The fund is DFE (Department for Education) approved as an operating lease, an appropriate funding method for schools and accredited by Department of Business, Innovation and Skills (BIS) to offer low cost finance