Helping finance over £360,000 of essential equipment for Queen Victoria Hospital NHS Foundation Trust

SAF collaborated with De Soutter to produce a bespoke financial agreement that allowed the Queen Victoria Hospital NHS Foundation Trust to acquire new Surgical Power Tools worth over £360,000.

Client Brief:

The Queen Victoria Hospital NHS Foundation Trust required new Surgical Power Tools to help to improve orthopaedic procedures and efficiencies within the hospital.

However, due to capital restrictions and complex procurement processes, the Trust were looking for a way that they could purchase the equipment without the need for upfront capital investment.

SAF’s Solution:

SAF worked closely with the team at De Soutter Medical Ltd to understand the unique requirements of the Trust helping to incorporate a funding solution that responded to their financial drivers and priorities.

Leveraging our extensive experience working with NHS trusts and understanding of the intricate procurement processes required, we were able to devise a cost-effective funding solution where the Trust were able to procure the equipment without the need for upfront capital investment.

Outcome:

The Trust was able to finance the equipment via a 5-year finance lease, allowing them to enhance the efficiency of Orthopaedic procedures with new cutting-edge surgical equipment.

The collaboration between SAF, De Soutter and the Trust played a pivotal role in ensuring the streamlined and effective execution of the equipment procurement and enabled the Trust to benefit from the equipment much faster than traditional procurement routes.