Accolade Finance

Accolade Education Finance Ltd

Accolade Education Finance Ltd (Accolade) is a specialist lessor working solely in the Local Authority School and Academy sector.

Local Authority Schools and Academies can use operating leases to acquire use of equipment that is vital to the running of the school – be it reprographics and IT equipment, sports or telephony equipment, cleaning or CAD CAM machinery. The staff at Accolade have extensive experience and knowledge of the Department for Education (DfE) guidance on leasing and subscription services for schools.

By using Operating Leases to hire assets, schools can provide the best equipment and facilities for their students without a large upfront cost. With budgets tighter than ever operating leases can allow schools to manage their cash flow more effectively whilst investing in brand new equipment.

Our Product

The Accolade Operating Lease solution enables Schools and Academies to be able to acquire the use of IT and other equipment essential to running an education establishment: IT systems, iPads, reprographics, and gym equipment are just some of the equipment that Accolade can provide a solution for.

Education Operating Lease

Local Authority schools and Academies are prohibited from entering into finance leases.

In line with accounting guidelines, Accolade has a compliant operating lease product that means that schools and academies are still able to acquire use of essential equipment without the initial large capital outlay.

Working with specialist partners, Accolade will be offering residual values based on the exact specification of the equipment being acquired. This ensures that Schools and Academies get better value from purchasing higher specification equipment.

Local Authority schools and Academies can enter into operating leases subject to the following criteria:

  • The school pays considerably less than the fair market value of the equipment
  • Equipment must be hired within its useful economic life
  • Title must not transfer from AEFL to the school

Accolade works with introducing brokers and the equipment suppliers to ensure that these guidelines are met every time.


Accolade works with a reputable panel of brokers that are able to provide quality business either from relationships with the customers themselves or with the suppliers of the equipment into the schools and academies.

If you would like to work with Accolade please contact us to arrange a meeting.

Accolade Education Finance Ltd Approved Equipment

While this may not all be relevant to the usual school, you have the peace of mind knowing that it will be approved if it ever does arise.

Equipment not on the list?

  • Automotive/Garage
  • Building/Construction
  • Computers
  • Dental/Medical
  • Manufacturing Equipment
  • Farming/Agriculture
  • Graphics Equipment
  • Materials Handling
  • Portable Equipment/Vending
  • Retail, Cash Registers, F&F, CCTV
  • Fitness
  • Landscape/Turf/Grounds care
  • Mobile communications
  • Industrial
  • Other Office Equipment
  • Photocopiers
  • Mailing equipment
  • Restaurant Equipment
  • Schools Computers
  • Telecommunications
  • Hotel TV/AV equipment
  • Wheeled Assets 
  • Office Refurbishment
  • Software (must include hardware element)
  • Cleaning Equipment

Contact Us

Feel free to to reach out to us - we’d love to talk to you!