Furniture as a Service
Pay by the month AND reduce your furniture costs. Avoid the up-front capex and the hassle of managing furniture. You already pay monthly for office space, vehicles, printers and software, so why buy furniture?
Who it suits
FaaS suits every organisation looking to improve its cash flow and reduce FM costs. The flexibility of FaaS is ideal for landlords furnishing spaces, serviced office providers, and co-working spaces.
Lower cost
The total cost of our furniture is less than the up-front cost of the same furniture thanks to the Circular Economy. See the cost comparison.
Sustainable
We take back and remanufacture the furniture for future lives, saving 80% of its original carbon emissions every life and reducing costs.
Photograph by Andrew Smith from SG Photography
How FaaS works
We create a furniture package that meets your design requirements and user preferences, install it, maintain, it, and take it back when you no longer need it. We can even swap out items as your needs change. All for one monthly fee.
Requesting additional items, repairs, moves, swap-outs or take-back is simple: Scan the QR code underneath underneath the item with your smartphone and tap the service you need. We respond within 24 hours. Our proprietary software, included in the monthly furniture fee, makes furniture management easy.
When you no longer require it, we take back the furniture and remanufacture it back to new condition and sell it for future lives. This enables us to price our furniture lower than buying it yourself.
Cost comparison
Assumptions: Same furniture like-for-like; 5 year period; 10% weighted average cost of capital
1 Cost of capital is the cost of capital to your company, which is a weighted average of the interest rate that your company pays for debt and the equity (shareholder dividends, etc.). Usually it is around 10%, which has been used for this analysis. It is also known as the “hurdle rate” for company investments because unless this rate of return is achieved, the company is not covering its costs of debt and equity. In this context, think of the cost of capital as the returns that the cash spent on furniture should be earning for the company if it were spent on a project or product. Your CFO or accountant can explain further.
Companies using FaaS
More sustainable
Because we collect, remanufacture and re-sell unwanted furniture, we reduce its carbon emissions, resource use and waste in its next life by around 80% compared to the same furniture made from virgin resources. We provide you with carbon emissions savings, waste savings, and cost saving to use in your sustainability reporting.
Contact us
Ask us for our prices to compare with your new furniture quotes.
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