1. Survey and Design
BFT Automation and its Parking Partners are expert in the field of parking systems and the design of bespoke parking technology solutions to meet the individual needs of business and other organisations. We will visit your site to assess the current environment, understand the goals of the organisation and identify additional efficiency opportunities based on other situations we have come across that the organisation might not have considered. Together with the customer, we will then agree the full scope of our proposed plan.
2. Analysis
We will prepare a full business case and total cost of ownership model, comparing both outright purchase and finance lease options. This will be based on customer data as well as the observed traffic flow. Costings will include both electrical and civil engineering work, power and network cable runs, work to adapt current car park to maximise space and car flow, user training, consumables and ongoing maintenance and service support. Planning will take place to agree a cascade plan of activities that suits all parties to ensure that all elements of the work are completed in the shortest amount of time.
3. Quotation
From our analysis work, we will produce a full, written quotation for the system that best meets the needs of the customer. Once the customer is happy to proceed with the project, they can either purchase the system outright or, working with our finance lease specialist, CF Capital plc, they will make the necessary arrangements to secure the proposed system under a finance lease arrangement.
4. Installation
Once the designed system has been manufactured to the customer’s specification, it will be assembled at BFT’s offices in the UK for factory acceptance testing and the customer staff will be invited to attend training on their own system. Once training has taken place, the system will be shipped to site where it will be installed by BFT’s Parking Partner and all other site works carried out. The system will be commissioned and will ‘Go Live’. At this stage the first quarterly payment is made to CF Capital plc.
5. Support
The system will be maintained and supported under a defined set of roles and responsibilities. This will make sure that everyone in the chain fully understands their commitment to maximise the operational efficiency, productivity and income generated by the parking space.
6. Upgrade to the latest technology
At the end of the leasing arrangement, the customer will have the option to take advantage of the continual improvements in parking technology and upgrade to the latest system by arranging a further lease agreement. Alternatively, arrangements can be made at this time to continue with the current system under a dramatically reduced cost structure.
>> Why finance your parking project
>> Parking project stages
>> Parking revenue benefits
>> Example parking project
| Finance is provided through leasing specialists CF Capital plc who provide competitive funding solutions. Authorised and regulated by the Financial Conduct Authority, CF Capital’s team of experienced and knowledgeable finance experts will devise a bespoke finance solution. Set out in easy to understand, jargon free documentation, you will see the total costs and potential tax saving benefits of using finance leasing before you decide to go ahead |