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BRITE Equipment Loan Bank

BRITE Equipment Loan Bank. Equipment Loan Bank. Current setup Borrow equipment for 12 weeks Borrow 3 or 5 items concurrently (3 stand-alone, 5 merged college) Equipment dispatched direct via courier or Special Delivery. Equipment Loan Bank. Current setup Contract:

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BRITE Equipment Loan Bank

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  1. BRITEEquipment Loan Bank

  2. Equipment Loan Bank Current setup Borrow equipment for 12 weeks Borrow 3 or 5 items concurrently (3 stand-alone, 5 merged college) Equipment dispatched direct via courier or Special Delivery

  3. Equipment Loan Bank Current setup Contract: £495/£750 per year (standalone/merged college) Unlimited loans Pay As You Go: 20% of item’s value £50 minimum

  4. Equipment Loan Bank Current setup All income goes toward: Administration Purchase of new equipment Maintenance of equipment

  5. Equipment Loan Bank Model needs to change – Why? Take-up reducing each year Institutions building up own kit Budgets reducing

  6. Equipment Loan Bank Three options (BRITE’s thoughts)

  7. Equipment Loan Bank Your thoughts?

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