VENDING IN EDUCATION


Doors open for


chool funding is changing. With capital spending under  essential for schools to migrate their catering environment to


new models. This could open the doors for vending according to Siemens Financial Services. The general consent granted by the Secretary of State for


Education allows certain asset types to be leased by LEA Maintained   vending mini-markets in schools. From the 1st April 2024, the Department of Education (DofE) has    September, the same will apply to ensure parity across the sector. What does this mean for vending? Vending equipment is  number of other assets ), so vending operators are no longer restricted to writing only operating / residual value leases. They  LEA maintained schools and subsequently academies as of 1st  it for an agreed period and returns it at the end of the term. With an operating lease, the residual value is forecast at the beginning of the  


vending in schools S


Doors open for vending in schools


Simens Financial Service, which has supported the vending industry


  access to its SieSmart platform alongside instant credit decisions for schools, easy documentation and competitive rates.


 


18 | vendinginternational-online.com


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28