Union Square Software Equipment: Lease cost £2,530.94/Monthly

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WestWon provided a company based in London with asset based finance for 1 Union Square Standard Licence for 80 users via a WestWon Partner who supplies Union Square equipment.

Capital Cost: £77,875.00 ex. VAT

Lease Rental: £2,530.94 ex. VAT

Payment Frequency: Monthly
Lease Period: 3 Years

ManufacturerModelDescriptionPart No.Quantity
Union SquareStandard Licence for 80 users1
Application and System Software:
Intranet framework
Personal dashboards
Practice database including,
Enquiries, Projects
Contacts and Organisations
Budgeting & Fee Forecasting
Timesheet, Expenses & Job Costing
Sales Order Processing
Invoicing including Credit Note Production
Timesheet, Expenses & Invoice Approval
Practice & Project Reporting with graphical views
Standard WIP Report, 1 x invoice & 1 x credit note production
HR Leave Management
Systems security & administration tools
Union Square Modules and Options (51 to 100 user band)1
Ledger Connector
Purchase Order Processing
Resource Management
Multi-Currency
Core PackMS-SQL Server Licence2
Enterprise licence (51 to 100 user band)1

UK Asset Finance and Leasing – Equipment Leasing Companies Report Growth Nationwide

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Business equipment lease finance is a an increasingly attractive option for all types of UK businesses, growing by 53% year on year according to industry experts. Companies are looking for the best leasing deals with plant and machinery leasing and IT equipment leasing proving popular and an increasing trend towards office furniture and fit out leasing.

About Equipment Leasing
  • Leasing enables companies to pay for the equipment they need over a fixed period of time – typically two to five years through a series of contractual, tax deductible payments. Leasing deals offer:
  • Improved Cash Flow and Instant Return on Investment – By making monthly payments over the duration of the finance agreement, you can spread payments over the useful life of your equipment, rather than having to find the capital up front.
  • Tax Savings – Regular monthly payments can be tax deductible, making the acquisition of products and services more cost-effective.
  • Increased Flexibility for Future Upgrades – Technology changes rapidly, and avoiding obsolescence is key to staying ahead. By lease financing equipment, companies can expand or upgrade their systems as the need arises, often without an increase in monthly payments.
  • More Available Budget – Instead of spending lump sums on rapidly depreciating assets, businesses can allocate resources to where they’re needed most, giving you the freedom to invest in other areas of their business.
  • Fully Flexible for all Business Needs – Lease financing options can also fund applications and services such as installation and maintenance agreements, which are an essential aspect of most technology investments.
  • Unaffected Bank Lines – Our financing solutions have no effect on other borrowing options.

 

Leading UK Leasing Company

WestWon is a nationwide asset finance broker with partners and clients throughout the UK. We can assist all sizes of companies and organisations across the country to find the best leasing solution for their business needs – for all types of equipment and technology.

For further information about equipment leasing for businesses, call us now on Tel 01494 611 456 or email [email protected]

Equipment Leasing Boom – New Business up by 53%

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Recently released figures the Finance & Leasing Association (FLA) show 31% growth in asset finance new business during September 2014. New business has now reached over £2.5 billion, the highest monthly figure in almost six years. FLA members financed almost 27% of UK investment in machinery, equipment and purchased software in the UK last year.

Leading the charge is business equipment finance, reporting its strongest growth so far this year, with new business up 53% in September compared with the same month in the previous year. Plant and machinery finance, commercial vehicle finance and IT equipment finance were up by 22%, 16% and 15% respectively.

Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said:

“September saw robust growth across all the key asset finance sectors. New business in the third quarter of this year increased by 21%, three times the rate of growth recorded in the second quarter. These figures clearly show that the asset finance industry, through the provision of leasing and hire purchase, is helping UK businesses to invest and grow.”

The Federation of Small Businesses (FSB) has previously reported that two thirds of small firms expect to grow in the next 12 months and one in four plans to increase the amount of investment in their business. As a leading UK leasing company and FLA member, WestWon is helping organisations of all sizes to achieve their growth plans through the best equipment lease deals for their needs:

 

Key Reasons Why Equipment Leasing Is Growing:
  • Leasing Improves Cash Flow – By making monthly payments over the duration of a lease finance agreement, you can spread the cost over the useful life of your equipment, rather than having to find the capital up front.
  • Leasing Tax Advantages – Regular monthly payments can qualify as a tax deductible trading expense making the acquisition of essential assets more cost-effective.
  • Easier to Upgrade Business Equipment – Technology changes rapidly and avoiding obsolescence is key to staying ahead. With leasing you can enhance or upgrade your equipment as the need arises.
  • Leasing Increases Available Budget – Instead of spending lump sums on rapidly depreciating assets, you can allocate resources to where they’re needed most – giving you the freedom to invest in other areas of your business.
  • Business Equipment Leasing is Flexible – Lease finance agreements can be tailored to suit your particular business requirements and include whatever combination of business equipment and related services you require.
  • Leasing Protects Existing Lines of Credit – Our financing solutions have no effect on your other borrowing options, ensuring you can stay financially flexible.

 

For more information about business equipment leasing options download the Free Guide To Equipment Leasing or contact WestWon on Tel: 01494 611 456

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