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08/03/2017 by Phil Dring

Salford Royal NHS Foundation Trust was looking to standardise its neurosurgical microscope range, but was concerned that funding would be an issue.

SAF has a long-term relationship with the medical division of Carl Zeiss, providing the organisation with both asset finance solutions and commercial sales support.

Together, we have worked closely with NHS Trusts to deliver a number of large value funded transactions which have helped to improve the care and treatment of patients.

This extensive knowledge of the sector’s needs meant that we were quickly able to understand Salford’s technical specifications and the potential funding options that would comply with the Trust’s value for money criteria and accounting and balance sheet requirements.

We were quickly able to become Salford’s preferred supplier – bettering any pricing provided by NHS Supply Chain’s leasing division.

Numerous financial structures were presented to the Trust along with conference calls to demonstrate compliance with value for money. 

Once the deal had been agreed, SAF was able to utilise its deep knowledge of the funding market to identify the right funder for the project. 

The period from a purchase order being raised by Salford to the completion of all transaction documentation was less than 3 weeks.

The funding arrangement enabled the Trust to move forward with the acquisition of 3 new state-of-the-art surgical microscopes at a total value of £480,000.

Key SAF Requirements:

  • Tenacity
  • Flexibility
  • Market Knowledge