Public sector budget constraints mean that the acquisition of much needed equipment is becoming increasingly difficult, and many procurement projects are delayed or even cancelled where a need exists but capital is unavailable.
SAF specialise in structuring and funding finance solutions for the public sector, in particular the NHS. We have significant experience and a proven track record of working with the public sector and its supply partners in providing affordable and compliant alternatives to outright capital purchase.
In the public sector there is often a requirement for funding solutions to be classified as being ‘off balance sheet’. SAF’s knowledge of accounting standards (including SSAP21, IFRS, GAAP, and IAS17) coupled with our experience in consulting with public sector auditors ensure that we are able to consistently structure solutions which meet the relevant accounting requirements.
An appropriately structured funding solution can enable a public sector organisation to upgrade ageing equipment without the need for any capital outlay.