NZB Investments provides funding for Schoolhaus® via a range of financing options of up to 20 years; as operating and/or finance leases.
The 20 years term means the annual payments required can be reduced considerably and funded through pupils revenue funding.
Leases can be structured flexibly to meet the client requirements (eg with equal payments over the terms or annual payments can start lower and increase over time in line with inflation).
Operating leases for 7 years or more and finance leases (of any length) require ESFA approval.
The ESFA has confirmed the process and criteria for these applications and NZB Investments will support academies and other schools to obtain the approvals required. We can provide indicative costs for these finance packages on request.
Schoolhaus® is an appealing solution for most schools with its very low ongoing utilities and maintenance costs, in addition to the energy generation from Schoolhaus®’ solar and other renewable features.
“We have been engaging with the ESFA through our education specialist lawyers over the last few months and are delighted to have secured the first approval for a 20 year operating lease of our Schoolhaus®. This is a real breakthrough for our clients, who we’re now able to help access our ultra-energy efficient classroom blocks affordably, without any capital outlay, through their pupil premium and annual grant allocations.”
– Osman Yousef, Chief Financial Officer, Net Zero Buildings