WestWon Partner With Lisa Bainham

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WestWon are delighted to announce today our support and partnership with Lisa Bainham and her clients.

Lisa’s wealth of experience began in 1984 when she qualified as a dental nurse. She then moved into Practice Management, Public Speaker and President of ‘Association of Dental Administrators and Managers’ (ADAM). She is now leading consultant for ‘Lisa Bainham – Practice Management Matters.’

Lisa works to help your practice be more effective. She helps your team to be more engaged and confident in their roles. This results in added productivity and will certainly ensure you witness improvements to all aspects of your business. This includes the bottom line.

Lisa comments “Over the last year, now is the time to ensure your practice and team are able to work smarter not harder. They will need to invest wisely and confidently to improve workflows and the patient journey.

I am always happy to recommend WestWon to practices that want to invest improve and grow.”

We have also realised through COVID that it’s about people not paperwork. Here at WestWon you absolutely get a personal approach and support.

For more information on this partnership with Lisa Bainham and how she can can support you and your business, go to https://practicemanagementmatters.co.uk/.

This announcement is the latest in a series of announcements for our Dental Finance division, following our announcement last week of our partnership with Tipton Marketplace as well as Association of Dental Administrators And Managers ADAM.

For more information, please give a member of the Dental Finance division a call on 01494 611 456.

Professional Systems Finance Limited

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As we relaunch our Systems Finance division, we thought it appropriate to mention that we are not connected to Professional Systems Finance Limited, trading as Systems Finance.

Systems Finance Limited was set up by Tony Ley and Mike Wakefield in 1995. Tony Ley no longer gets involved in leasing on a day-to-day basis. Whilst Mike Wakefield has another leasing company called Blue Sky Finance Limited, based out of Malvern In Worcestershire.

Both Tony and Mike are well known and respected veterans of the UK computer leasing sector.

Two of Tony’s children both came to work at WestWon for a year where they learnt the basics of leasing. They have now taken over the Systems Finance brand and relaunched as Systems Finance based out of Leamington. Harry Ley and Max Ley are both hungry and enthusiastic. They will make a success of their business and we wish them well.

Dave Tull, one of our newly recruited Business Development Managers, worked at Systems Finance for eight years. This was between 1999 and 2007. Dave noted, “Systems Finance was a great place to work. I enjoyed my time there with Tony Ley and Mike Wakefield. We built a wide network of IT reseller partners and onboarded about 5,000 end user customers. Even though the new Systems Finance under the leadership of Tony’s two boys, Harry and Max, is a competitor, we still wish them every success. Our industry needs quality run companies to ensure that the overall service delivery is first class.”

So, to read more about the relaunch of our Systems Finance division, (or Professional), please read our latest blog. Alternatively, please give a member of the WestWon team a call on 01494 611 456. Or you can email [email protected].

WestWon Announce Partnership With Tipton Marketplace

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WestWon are delighted to announce today our partnership with Tipton Marketplace.

Tipton Marketplace will enable easy browsing and searching for thousands of products from different suppliers and manufacturers. You can not only compare prices and product information, but also read reviews from fellow colleagues.

Today, everyone can digitally compare services and products when deciding to buy a product or service in the private sector. For a long time, this has not been possible within the UK dental industry.

The website is founded by Professor Paul Tipton. Paul decided to create the Tipton Marketplace to enable practices to have the ability to therefore compare and purchase dental products by using a simple and easy to use platform.

The Dental Profession will benefit from the new products and services that the Tipton Marketplace will have. Therefore offering ways to reduce the overheads that impact on the daily running of a Dental Practice.

Speaking on behalf of WestWon, Divisional Director Richard Porter noted, “We’re really excited to announce our partnership with Tipton Marketplace. With many Dental Practices already registered, I am pleased that WestWon can add additional value and continue to make a difference. This is just another example of how things are changing for the dental sector, for the better. I hope that Tipton Marketplace will continue to grow and bring savings and benefits to the profession.”

Tipton Marketplace is due to launch in spring 2021 and you can register for further details here;

https://tiptonmarketplace.com/

For more information on how WestWon are working with the dental profession, please visit our Dental Finance page. To speak to Richard or a member of the dental finance team, please give us a call on 01494 611 456 or email [email protected].

WestWon Relaunch Systems Finance Division

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We are delighted to announce the relaunch of our WestWon Systems Finance division.

From the outset, WestWon and our previous company, Wyse Leasing, has always been focused on options including financing technology, computer hardware and associated IT equipment. Wyse Leasing grew to be one of the largest IT finance brokers in the UK before being sold to IT funder CHG Meridian in 2009. WestWon have been financing technology ever since, including acquiring the business Technology Leasing Limited in 2020.

Hear from the CEO himself

Talking about the significant changes over the last ten years, WestWon CEO Jeremy Hall explains:

“Years ago, there where tens if not hundreds of PC manufacturers, names such as Time, Evesham, Mesh, Elonex, Gateway and Mustard to name but a few. You then have the bigger companies such as IBM, Dell and HP. Many of these smaller manufacturers have since disappeared, just leaving the big brands.

The route to market has also seen significant changes. We used to have access to a list of 20,000 UK IT suppliers that would sell and install IT equipment. Nowadays, many companies buy their IT kit direct from the manufacturer. Similarly they can buy it via a large reseller such as Softcat or Bytes or even PC World.

Even with all these changes, there is still a massive requirement for IT and software finance in the UK. We saw this in our analysis of last year, many of our biggest leasing deals were for IT and software. Our Systems Finance division will focus on developing existing relationships with our Technology suppliers, offering the most efficient and easy to use processes in the broker market. We’ll be looking to then roll this out to new suppliers who don’t yet have a relationship with WestWon.”

More information on our WestWon Systems Finance division will be released soon. For any queries please give a member of the team a call on 01494 611 456 or email [email protected].

WestWon authorised to offer finance under the Recovery Loan Scheme

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We’re pleased to announce WestWon are now an accredited broker of the new Recovery Loan Scheme.

A number of the WestWon team have gone through their first training session yesterday with an authorised provider of finance. As a result, this was done under the British Business Bank backed Recovery Loan Scheme.

About the Recovery Loan Scheme

The Recovery Loan Scheme was launched on the 6th April and is seen as the replacement to the CBIL’s & Bounce Back Government backed loan schemes. It will be in place until the end of the year, however, already people in the leasing and finance sector are suggesting it is likely to carry on into 2022. The scheme can provide up to £10m of funding per business with the following facilities are available:

  • Term Loan
  • Overdraft
  • Invoice Finance
  • Asset Finance

No personal guarantee is required for the first £250,000 borrowed, however the borrower is always 100% liable for the debt. Interest and fees are to be paid by the borrower from the outset. The APR on the loan cannot therefore be more than 14.99%. Full information can be found here.

Hear from others

George Shillingford, the newly appointed Commercial Director at WestWon noted, “An important point one of our funders stated was they are expecting to use the facility where they would normally have rejected an application. However, this is great news to us, as so many companies will be reporting a drop in profits or losses in their 2020 year end accounts, as a result obtaining finance could be harder to find. This scheme will definitely help our clients.”

WestWon CEO, Jeremy Hall added, “We have a second external training session today with another funder we use. We will know how, when and where to offer the Recovery Loan Scheme to our clients. Within the next few weeks, we are expecting a range of financial providers we work with to become authorised. We will be promoting the scheme to a range of the clients we work with.”

To find out more about the Recovery Loan Scheme please speak to a member of the WestWon team on 01494 611 456 or email [email protected]

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