2010 Foundation Course in Asset Finance - Programme

Programme

Course Programme - Day One

09:30   Delegate welcome and breakfast

09.40   The market

  • Brief history of the industry 
  • The size of the market
  • How the industry is segmented/defined?
  • What is the FLA? Its role, function and relevance

 

10.35   Product overview

  • What is asset finance?
  • The importance of working capital
  • Difference between ‘use’ and ‘ownership’

 

10:40   Why own an asset? – Lease Purchase

  • Capital allowances
  • Lease and hire purchase and similar products

 

11:00   Refreshment break

11:15   Exercises – different asset types

12:00   Finance leases

  • Tax based product
  • The “risks and rewards of ownership”

 

13:00   Break for Lunch

14:00   Operating leases

  • Definitions
  • SSAP 21 and FRS 5
  • Substance over form
  • “Off balance sheet” funding

 

15:45   Refreshment break

16:00   Establishing needs and identifying the right products - Exercise

17:00   Overview of the Consumer Credit Act

17:30   End of day one

 


Course Programme - Day Two

09.00   Refreshment break

09:15   Lease Documentation

  • Methods of taking title to leased assets
  • Terminations
  • Guarantees and Indemnities
  • Sub-Letting

 

11:00   Refreshment break

11:15   Lease Documentation

  • The Facility Letter
  • The Lease Agreement

 

13:00   Break for lunch

14:00   Lease Documentation

  • Syndicate exercises, presentations

 

15:15   Refreshment break

15:30   Lease Documentation

Syndicate exercises debrief

17.00   Course Close