Structured Payment Options help spread the cost of buying music education equipment
- 6 Jun 2013
When setting up a new music facility, spreading the costs of equipment over the following years can now be a welcome benefit thanks to the Structured Payment Options system recently announced by Black Cat Music.
We know how budgets are tight and also that compromising on quality by opting for the cheapest option can prove to be a false economy in the longer term. So Black Cat Music has come up with a scheme to spread payments over a period of up to five years. We use a government compliant operating lease, ensuring the purchase is within government guidelines which offers benefits for government funded schools and organisations. The scheme smooths out budgets and cash flow while allowing investment in music performance equipment that doesn’t compromise on quality.
The scheme also applies to independent schools and other non-government funded organisations. These education establishments will also appreciate the planned repayment benefits of a capital purchase of music education performance equipment, as a contribution to maintaining a healthy balance sheet. Repayments can be monthly, quarterly or annually over 1,2,3,4 or 5 years with VAT claimed back on all repayments. And with tax 100% allowable and with the acquisition ‘off balance sheet’ the scheme should prove of great interest to financial officers and bursars. What’s more, at the end of the Agreement, for one extra payment the equipment becomes fully owned. Terms and Conditions apply, these and further details can be read online.
We know how budgets are tight and also that compromising on quality by opting for the cheapest option can prove to be a false economy in the longer term. So Black Cat Music has come up with a scheme to spread payments over a period of up to five years. We use a government compliant operating lease, ensuring the purchase is within government guidelines which offers benefits for government funded schools and organisations. The scheme smooths out budgets and cash flow while allowing investment in music performance equipment that doesn’t compromise on quality.
The scheme also applies to independent schools and other non-government funded organisations. These education establishments will also appreciate the planned repayment benefits of a capital purchase of music education performance equipment, as a contribution to maintaining a healthy balance sheet. Repayments can be monthly, quarterly or annually over 1,2,3,4 or 5 years with VAT claimed back on all repayments. And with tax 100% allowable and with the acquisition ‘off balance sheet’ the scheme should prove of great interest to financial officers and bursars. What’s more, at the end of the Agreement, for one extra payment the equipment becomes fully owned. Terms and Conditions apply, these and further details can be read online.