We currently support over 800 schools in the UK, including Local Authority Schools, Multi-Academy Trusts and Independent Schools to help keep ICT technology for their students up-to-date while maximising budgets.
Talk to one of our experts to see how the CHG-MERIDIAN Education Team can support you.
We understand the importance of leasing for Educational Institutions to ensure the latest devices for students. In the Education sector, we have built a considerable portfolio of ICT leased equipment across the UK and Europe. By working with CHG-MERIDIAN, you can have the utmost confidence that we will find the solution that best suits your organisation. CHG-MERIDIAN are members of the Finance and Leasing Association and are a recognised lessor on several DFE approved leasing frameworks.
An operating lease allows for the use of an asset, but the lease term is for a shorter duration than the working life of the equipment. 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.
An operating lease is the only type of lease agreement that state-funded schools (local authority or Academy) can enter into without prior approval from ESFA on behalf of the Secretary of State.
A Parental Contribution Scheme allows schools to procure the latest ICT technology via a compliant operating lease while having the parents cover a percentage or all of the costs. We take ownership of the solution by managing the lifecycle of the equipment and the parent interaction through our partner parent portal, while also providing the necessary insurances.
A Parental Contribution Scheme is a joint solution offered by CHG-MERIDIAN and our partners with the main focus being on providing transparency for educational institutions and parents. There are no hidden costs as we split out the cost of the equipment, financial terms and additional services so you can see exactly what you’re paying for.
A unique service that we offer to our Education Sector customers is to enable ICT equipment to be delivered across your preferred installation window, with your supplier invoices paid in full and on time. Your lease can then commence on your preferred start date or once new budgets have come into effect, giving you the flexibility to take on the equipment when you need it.
Aside from assisting schools with deployments and utilising next year budgets, this also helps at the end of the agreement with the customer able to manage their end of lease options. This has been proven to be particularly beneficial for Academies implementing a summer refresh, meaning that the end of the lease will not fall during term time.
Talk to our Education Team for more information
Our carbonZER0 product allows customers to offset the CO₂ emissions that are generated in the transportation, production, use and end-of-lease phase of their ICT leased equipment.
The green agenda and sustainability is very much a hot topic in the public sector. Since 2019 it has been more commonly asked of Multi-Academy Trusts to provide reporting on their energy and carbon information as per ESFA regulations. This is why it is important to the Education team to support schools and trusts with our carbonZER0 offering, enabling carbon offsetting for your IT assets.
TESMA® is CHG-MERIDIAN’s in house asset and contract management system that allows complete transparency of your CHG-MERIDIAN leased assets and your own assets via the 'own asset' module. Used in the Public sector by many Local Authorities and Multi-Academy Trusts, it provides complete visibility via bespoke reporting data. Asset data is populated by us, creating efficiencies for all users.
TESMA®'s modular design can be used to procure, manage and track devices. It can also be used to manage the rollback of devices as well as provide financial information and cost centre breakdown for budgeting.
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.
By using our sale and leaseback process, you can raise capital by selling your existing assets to CHG-MERIDIAN. 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 us.
One single upfront payment to take advantage of the residual value investment, with nothing to pay for the remaining minimum term of the lease.
Our Device as a Service (DaaS) solution is an innovative and bespoke model tailored for educational clients. Ensuring complete transparency, Device as a Service (DaaS) allows you to avoid costly cash purchases and keep your IT portfolio up-to-date.
Although each Device as a Service (DaaS) solution is bespoke, the principles remain the same. CHG-MERIDIAN’s all-encompassing lifecycle management services & TESMA® asset management portal are inclusive while presented as a fixed costs per device.
No, as CHG-MERIDIAN aren't a broker, we don't charge any of these.
The Education team will contact you 6 months before the end of the minimum term and ask how you would like to proceed.
Please refer to your signed master agreement which will detail your required notice period.
Yes, please speak to a member of the education team.
Yes, each contract is bespoke so please contact the education team for further details.
Financing can translate capital outlay into low monthly/quarterly payments; a lease structure can be developed to accommodate your budget constraints. Deferred payment terms will also help you obtain the equipment now rather than waiting for the next financial year.
The rental payments can be collected monthly, quarterly, annually or termly.
The rental payments will be fixed for the duration of the lease agreement.