Supporting the education sector
Our Relationship Directors have been working in the education sector, public and private, for over 20 years. Over the years, our work has grown into specialised financing and treasury solutions for all types of educational institutions, including some of the UK’s largest schools, universities and further education colleges.
We've helped our clients with:
- Off balance sheet funding structures to meet growth aspirations
- Short- and long-term funding solutions that enable the sector to undertake much needed investment
- A business review process to ensure that the financial arrangements of educational establishments are as effective as possible
- Direct access to a dedicated team of decision makers, ensuring a quick response
European Investment Bank to provide £500 million for UK education and innovation
Santander Corporate Banking's specialist Education team is to participate in a targeted £500 million financing package being provided to three UK banks (Santander UK, Lloyds TSB and Royal Bank of Scotland) from the European Investment Bank (EIB).
The programme is part of the EIB's engagement to support and strengthen the UK's knowledge economy. Eligible projects include higher and further education facilities, campus redevelopment and relocation, the construction of specialist science parks and start-up company incubator facilities. The programme will build on the specialist education finance experience of the partner banks.
Steve Pateman, Head of UK Corporate and Commercial Banking at Santander UK, says: 'Our initial £100 million agreement with the EIB, clearly signals Santander's commitment to supporting Higher Education and Further Education institutions. The Education sector is vitally important to the UK economy and the discounted terms (available through the EIB Education Loan Scheme), together with our specialist Education relationship teams, based in the bank's regional Corporate Business Centre network, mean that Santander has both the product and the people to become the bank of choice for educational organisations.'
To read the full press release on the EIB website please click here.
If you are interested in learning more please contact your Regional Director.
For more information please download our factsheet:
In addition to helping you manage your bottom line we are committed to Corporate Social Responsibility and take this element of our offering very seriously.
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