Asset Finance


Consumer Finance


Motor Finance


Foundation course in Asset Finance – January 2018

PROGRAMME

Day one
09.30     Registration

09.40     Delegate welcome

09.45     The market

  • Brief history
  • Trends and issues
  • Size and segmentation
  • Role of the Finance & Leasing Association (FLA)

10.10     Product overview

  • What is asset finance?
  • Comparisons with bank finance
  • Suitable assets
  • Routes to market

11.00     Break

11.15     Key asset finance products

  • Hire purchase
  • Finance lease
  • Operating lease

13.00     Lunch break

14.00     Risk

  • Credit
  • Fraud

15.00     Tax

  • Principles of business taxation
  • Capital allowances

15.30     Break   

15.45     Accounting

  • Impact on lessee and lessor balance sheet
  • Defining operating leases – FRS 102, FAS 13, IAS 17
  • Likely future developments

16.15     Consumer Credit Act

  • Key provisions
  • Impact on lessors
  • Sections 75, 75A & 56

16.45     Case studies

17.00     End of day one


Day two
09.30    Delegate welcome

09:45    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