Case Studies - Armada Asset Finance | Equipment Leasing | Equipment Finance
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Case Studies

Learning ways to cut costs

Learning ways to cut costs

Looking at how a private school can improve its services and value for money, one headmaster, bursar and Board of Governors decided to invest in an in-house laundry.

This decision enabled the school to stop the need for local laundry services, control costs and quality and ultimately hire out their unused capacity by selling their services to other schools in the vicinity.

By taking out an asset leasing agreement with Armada, for the washers, dryers and rotary iron over 3 years, bringing in an income stream through hiring out their services and ending their laundry contract, this school managed to dramatically reduce their costs at the same time as upping their standards.

Clean cut laundry solution

Clean cut laundry solution

Having bought their 80 bedroom hotel in 2003 Alison and Craig have spent the last two years refreshing and up-grading the whole property.

With an additional active spa and gym facility they constantly have considerable amounts of linen to go to the laundry.

A recent increase in their new contract with the laundry caused Alison to re-think their strategy. She calculated that by having a 3 year asset finance contract on installing their own washers, dryers and irons together with the wages costs they will not be paying any more than they are to the laundry over the life of the equipment finance and in 3 years time their cashflow will benefit considerably.

Another problem put to bed

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Copyright Armada Asset Finance 2017. Armada Asset Finance is a trading name of Armada Investments Ltd.

Registered office: Armada House, Oldhams Wharf, Topsham, Devon, EX3 0PB. Registered in England & Wales no. 1140855

Authorised and Regulated by The Financial Conduct Authority

Website by AB

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Copyright Armada Asset Finance 2017. Armada Asset Finance is a trading name of Armada Investments Ltd.

Registered office: Armada House, Oldhams Wharf, Topsham, Devon, EX3 0PB. Registered in England & Wales no. 1140855

Authorised and Regulated by The Financial Conduct Authority

Website by AB