FAQ's - Parental Contribution Scheme

How long is the lease agreement for?

Anything between 12 and 36 months. The most common term is for 24 months.

How much do parents contribute?

This is between the school and the parent. You may want to encourage a contribution to cover the whole of the rental agreement. Alternately, you may wish to ask, for example, a contribution of 50% of the rental.

What happens if a parent doesn’t / cannot pay?

The device must be returned to the school. You may well then allow the student to use the device in school only. Please note, the lease rental agreement is a contract between the school and the funder and, therefore, the school must continue to pay the outstanding rentals.

Can Warranty and Cases be included?

Yes

Can a parent pay cash rather than a monthly contribution?

Yes. There is an option to pay outright via the portal and one single payment can be made.

What happens at the end of the agreement?

The schools will have the opportunity to continue renting the assets indefinitely for a reduced annual fee as per the Operating Lease conditions. Alternately, the equipment can be upgraded or returned. The parents can be given the option to retain the equipment if the school chooses to go down this route.

What does the insurance cover?

Accidental Damage and Theft.

What our customers say

Element7

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"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"

- Mark Cochran

 

Business Testimonials

 

Adien Ltd

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"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."                                                    

- Dawn Robinson

 

Education Testimonials

 

 

Contact Us

If you would like any advice, a chat about your options or a quote just fill in the basics here and we will get back to you promptly.

Axis Lease Management Ltd 01269 844442 info@axisleasing.com
Unit 28 - 29Cross Hands Business ParkCross HandsCarmsSA14 6RE