WestWon provided a company based in Chester with a lease agreement for Wood Express Cutter Machine via a WestWon Partner who supplies engineering equipment.
Capital Cost: £8,000.00 ex. VAT
Lease Rental: £179.98 ex. VAT
Payment Frequency: Monthly
Lease Period: 5 Years
| Manufacturer | Model | Description | Part No. | Quantity |
|---|---|---|---|---|
| Wood Express Cutter Machine |
WestWon provided a company based in Clacton on Sea with asset based finance for a Glasswasher via a WestWon Partner who supplies catering equipment.
Capital Cost: £1,292.50 ex. VAT
Lease Rental: £41.91 ex. VAT
Payment Frequency: Monthly
Lease Period: 2 Years
| Manufacturer | Model | Description | Part No. | Quantity |
|---|---|---|---|---|
| Glasswasher | ||||
WestWon provided a company based in Tonbridge with a lease agreement for a Geneva Coffee Bean Machine via a WestWon Partner who supplies catering equipment.
Capital Cost: £9,991.19 ex. VAT
Lease Rental: £0.00 ex. VAT
Payment Frequency: Monthly
Lease Period: 5 Years
| Manufacturer | Model | Description | Part No. | Quantity |
|---|---|---|---|---|
| GENEVA COFFEE MACHINE BEA | 19019 |
It is an age old problem that business owners have. You recruit good talent, you train the person and educate them in the way of doing business, helping them to build quality personal relationships with customers and suppliers, only to find they leave to set up their own company in competition.
Whilst some business owners do not like this, we take a more pragmatic approach. Clearly the individual was good whilst they worked with you, otherwise it would not have been a problem anyway. And if they wish to leave, surly it is better for them to start their own business than join the competition. In the furniture leasing and computer leasing sectors, more often than not, you can work with your competition as opposed to against them.
Wyse Leasing has seen a number of successful leasing brokers set up locally to the offices in Chesham. Plus Finance from Chesham, is one such example. Plus Finance works predominantly in the office furniture leasing sector. Plus Finance is now a well-known and respected furniture leasing company run by ex-Wyse Leasing employees, Nicki Matthews and Steve Pullen.
Based just down the road in Amersham, you have Baker Leasing Limited, run by the charismatic Charles Baker. Charles Baker was a top performing sales person at Wyse Leasing and went on to set up his own company working mostly with computer resellers and helping them with their computer leasing needs.
Then you have Intega Asset Finance Limited based in Hyde Heath, a few miles from Chesham. Glyn Meredith was another ex Wyse Leasing employee that has set up his own leasing company.
There are a few more examples of companies that have been born out of Wyse Leasing. We all still speak to each other and all still get on well, even though we are in competition with each other.
UK Finance & Leasing Association (FLA) members report that new business provided to fund investment in construction equipment grew this October by 41% (to £134m), and by 13% over the last twelve months (to £1.2bn).
They report that it was also a good month for the commercial vehicle and IT equipment finance sectors, with double digit growth in new business of 13% and 12% respectively.
Overall, the UK asset finance market reported growth of 4% to £1.9bn in October for new business deals of up to £20m. This market has grown each month since April 2013, with new business up in the first 10 months of the year by 2% to almost £17.7bn compared with the same period in 2012.
Geraldine Kilkelly, head of research and chief economist at the FLA said: “The asset finance industry is in a unique position to support businesses as the recovery takes hold. It funds investment in the key equipment that businesses need if they are to expand to meet stronger domestic demand.
“The FLA’s Q4 2013 Asset Finance Confidence Survey suggests that the industry’s senior executives are cautiously optimistic about economic prospects and market conditions over the next year, with a majority expecting growth of up to 10% in each of the main channels for new business.”
See the full article here.
For more information about the benefits of leasing and best leasing deals available, please call WestWon on Tel: 01494 611 456. Alternatively you can download the free WestWon Guide To Leasing.
Online leasing company WestWon has recently supplied a leading company in the healthcare engineering market with lease finance for a CRM system solution supplied by Bristol software solutions reseller Wizard Systems. The WestWon lease agreement, set to run over 3 years with a monthly lease rental cost of £127.31, has enabled the company to seamlessly expand their current Customer Relationship Management system.
The customer designs and commissions healthcare facilities and also provides related products and services. Wizard Systems is a specialist supplier of CRM software systems such as GoldMine, Sage CRM, NetSuite, Workbooks, Nimble and HEAT. Wizard was able to supply MET with the lease finance the healthcare company required for its new CRM system within just days of contacting IT equipment leasing company WestWon.
Tim Wilmot of Wizard Systems explains, “Looking for software lease finance for a client based across the water seemed to limit our leasing options dramatically. We saw WestWon online at www.WestWon.co.uk and quickly realised that they specialised in the IT leasing sector, and furthermore, could provide IT leasing facilities companies across the water unlike many other mainland UK based leasing companies.
“We were very impressed with the speed of service we received from WestWon, having received a leasing quote within minutes and documentation soon after. The entire process from our initial enquiry to providing signed documents took just 3 days. We now have a dedicated WestWon account manager as well as access to the WestWon Partner Portal to enable us to provide a rapid lease.
WestWon CEO Jeremy Hall commented, “We have invested extensively in the WestWon Finance Partner Programme and those resellers and suppliers who are part of the scheme are delighted with the flexibility they gain from it. IT and software lease finance is often the ideal solution both for resellers and for their clients, who wish to avoid technology obsolescence and spread payment for their investments over the useful life of the equipment they acquire,
WestWon is a leading UK asset finance company that specialises in equipment leasing for all types of companies in the UK, both large and small. Using the latest technology, WestWon assists organisations to fund capital equipment purchases along with IT requirements and office fit outs in a tax-efficient way that maximises cash flow, by offering quick quotes and fast finance at competitive rates.
For more information see www.WestWon.co.uk or Tel: 01494 611 456 Email Boris@WestWon.co.uk
Leading UK leasing company WestWon is a hot tip to win Leasing Life’s inaugural Award for ‘Innovative Product and Service 2013’ for its ground-breaking Parent Portal. Launched in January 2013, the WestWon Portal makes it easy for schools to introduce a parental donation scheme to help fund their one-to-one Digital Learning initiatives. Leasing Life will announce the category winner at its 7th annual European Conference & Awards Event, which is being staged in Berlin on 5th December 2013.
Leasing Life maintains that the development of additional services and supplementary products is becoming more and more important in securing deals, developing client relationships and protecting end-users. The new award for Innovation recognises the steps lenders are taking to enhance their financing products through the provision of additional services.
Recognising that iPads and other tablet devices were beginning to be widely adopted in the Education marketplace, WestWon developed two online systems – the WestWon Parent Portal and WestWon Tablet Device Asset Management – that address the specific needs of head teachers and schools for practical ways to fund and manage tablets in the classroom.
According to WestWon CEO Jeremy Hall, “WestWon has always backed the power of excellent technology and outstanding customer service to transform the leasing experience for suppliers, companies and educational establishments alike.
“Our innovative WestWon Parent Portal enables schools to set up and run parental donation schemes and administer multiple devices without tying up hard-pressed internal resources. WestWon also provides a new level of support and advice, both in person and online, to the sector. This winning combination of technology and service has, we believe, augmented the perceived value of leasing within education,” he concludes.
For more information contact WestWon on Tel: 01494 611 456 www.WestWon.co.uk
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