Rapid growth
in the asset finance arena in recent years has highlighted the
need for professional portfolio asset management systems. Many
NHS Trusts are only now encountering their first operating lease
maturities and many difficult and costly lessons are being learnt.
This is for many, uncharted territory.
Operating leasing, in particular, can be a flexible product and,
if used and managed correctly, offers real value for money and
real asset risk transfer. However, should there exist any neglect
or lack of asset management capability on the part of the lessee,
it can prove to be an expensive option.
We at Arlingclose specialise in portfolio asset management. The
collective skills and knowledge of the team gained over the years
advising on and indeed underwriting credit and asset risk on public
sector portfolios is second to none. It allows for all the appropriate
disciplines to be applied to manage the life of individual assets.
Whether a small or large asset finance portfolio, the same principles
need to be applied.
Many of the pitfalls can be highlighted early within the lease
and measures put into place to greatly reduce, and often totally
mitigate these high, non-budgeted, obligations.
Our portfolio 'heathcheck' service is not limited solely to historic
operating lease audits. Our preventative medicine approach can
apply to all asset financing arrangements. Finance leases, hire
purchase, contract hire, rental arrangements, managed service
contracts as well as PFI projects are also considered. However,
unlike the 'one product fits all' approach, Arlingclose offers
a range of innovative solutions that are appropriate to the individual
needs of each and every Trust.
It is a service that analyses each style of asset finance contract
you have entered into and reports accordingly. It includes:
- A diary of asset replacement and contract maturity dates
- Current equipment replacement values
- Contractual obligations
- Interest rate variations
- Cost saving options
- Contract extensions
- Contract terminations
Should you require a more detailed level of support you may consider
GO4ASSET, a bespoke asset management software package developed
in association with a leading software house, Field Solutions.
It empowers a Trust to better control the management of assets
and comes with full technical support.
In most financial contracts the obligation is on the Trust to
return the equipment to a particular location within the UK on
a certain day. We aim to illustrate the best way to mitigate any
high return costs or secondary rentals.
Arlingclose's Portfolio Management Service allows greater control
of operational assets.
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