Accelerate - Funding & Finance

Accelerate – Funding & Finance for Fleet

Designed to build confidence in understanding fleet finance and funding, this two-day, classroom-based course gives you the practical knowledge needed to make informed decisions in your fleet role.

Across this dynamic, activity-based session, you’ll explore key financial principles, from understanding Profit & Loss, Balance Sheet and Cash Flow to learning how organisations set budgets and evaluate performance.

You’ll also gain a thorough knowledge of fleet finance funding, learning how to calculate a lease rental and compare funding products such as Contract Hire, Contract Purchase, Finance Lease, Salary Sacrifice, Outright Purchase, Personal Leasing and Employee Car Ownership Schemes.

By the end, you’ll leave with the knowledge and confidence to apply financial insight directly to your fleet operation.

Suitable for: Fleet Operators and Fleet Support Providers directly engaged in the co-ordination or management of a vehicle fleet.

Timings – 09:00-17:00

Cost – £695 for members, £795 for non-members

Many employers recognise and value ongoing professional development (often referred to as “continuing professional development”), so remember to add 14 hours for attending this course to your log.

Who should attend?

This course is recommended for those with responsibility for managing a vehicle fleet and is suitable for both Fleet Operators, and Fleet Support Providers. You may have direct responsibility for the fleet operation or involvement as a support professional.

Overall objective

A dynamic and engaging vehicle fleet funding course, packed with activities to enable the shift from knowledge to action. Learning outputs will be high-level knowledge of financial statements (Profit & Loss Account, Balance Sheet, Cash Flow), reasons for budgets and finance functions within your organisation, how businesses are judged financially and specific focus on fleet finance funding. In terms of fleet finance funding, the delegates will learn how to calculate a lease rental, understand all fleet finance products and why these products are best to use in particular circumstances. Products covered include Contract Hire, Contract Purchase, Finance Lease, Salary Sacrifice, Outright Purchase, Personal Leases and Employee Car Ownership Schemes.

Course Overview & Learning Outcomes

Course content:

Business Structures & Sources of Finance
Company Finance & Accounts & Cash Flow
Business Economics & Asset Management
Profit Planning
Using Financial Information & Financial Systems
Departmental Finance, Budgets & Budgetary Control
Funding Options for Car Fleets

Course outcomes:

Developed knowledge and understanding of the financial environment in which fleets operate
Improved financial efficiency for your vehicle fleet, and that of your customers
Increased awareness of funding options to enable better decisions and application in the Fleet market place.
Insightful and agile approach to a rapidly developing market.

Please note this is a module from the Fleet Vehicle Management Strategic course, so take this into account if you are considering doing the Strategic course.

Course delivery

Trainer-led face-to-face course delivered in 2 days.

Cost

£695 for members, £795 for non-members. With membership starting at only £99 we would encourage you to find out more about our membership benefits Cancellation policy:

Cancellation less than 4 weeks before the course start date will result in a 100% cancellation fee, and no refund will be issued.
Cancellation less than 8 weeks but more than 4 weeks before the course start date will result in a 50% cancellation fee, and 50% of the course fee will be refunded.

If you need to cancel your booking, please inform us as soon as possible to ensure we can assist you accordingly. Cancellation policy for 3 or more delegates booked on the same course: A company can book a maximum of 4 spaces on one course. If more than 2 spaces are booked and cancellation is requested less than 16 weeks before the course start date, then a 50% refund will apply. (The AFP is a not-for-profit organisation, and this policy ensures the course can still run for the remaining delegates)

Getting Started

Please get in touch via the form and one of our team will be in contact to answer any queries and make your course booking. We are here to answer any queries so please get in touch with questions about the course, before you book or once you have started your course. Our team have a wealth of experience in fleet vehicle management and are happy to support your development.

Testimonials

“The Funding and Finance module in the Fleet Management Strategic course was very useful and practical. It helped me better understand the financial side of fleet management in a clear way. The content was relevant and valuable for making better strategic decisions. I would recommend this module to anyone who wants to strengthen their knowledge in fleet management and finance”. – Mihaela Zagorodniuc – Stanley Black and Decker