April 2024 - WestWon

Unlocking Growth: Introducing WestWon’s Invoice Finance Solution

April 22, 2024/in Blog, Uncategorized/by Jess Wells-Flint

We’re thrilled to announce a game-changing addition to our suite of financial services here at WestWon : Invoice Finance. At WestWon we’re dedicated to empowering businesses to thrive, and our new Invoice Finance offering is poised to do just that.

What is Invoice Finance?

Invoice Finance is a dynamic funding solution designed to address the cash flow challenges that businesses often face. It allows companies to unlock the value of their outstanding invoices, providing them with immediate access to much-needed working capital. Rather than waiting for customers to settle invoices, businesses can leverage these unpaid invoices to access the cash they need to fuel growth and seize opportunities.

Why Choose WestWon’s Invoice Finance?

At WestWon Limited, we understand the unique needs of businesses in today’s fast-paced marketplace. That’s why our Invoice Finance solution is tailored to deliver maximum benefits to our partners and clients:

Fast, Flexible Funding: We know that timing is crucial when it comes to managing cash flow. With our Invoice Finance solution, businesses can access funds quickly, often within 24 to 48 hours of submitting an invoice for funding. Plus, our flexible financing options ensure that businesses can scale their funding in line with their growth trajectory.
Expert Support: Our team of experienced professionals are here to support our clients and partners every step of the way. From seamless onboarding to ongoing assistance, we’re dedicated to providing the highest level of service and expertise to help businesses succeed.
Maintained Customer Relationships: We understand the importance of preserving customer relationships. With our Invoice Finance solution, businesses can maintain direct communication with their customers, ensuring a seamless experience while accessing the funding they need.
Tailored Solutions: At WestWon Limited, we believe that one size does not fit all. That’s why we work closely with each of our clients to understand their unique needs and provide tailored solutions that align with their goals and objectives.
Available For A Range Of Sectors: WestWon are able to offer Invoice Finance for a range of sectors including Construction, Recruitment and Manufacturing

Unlock Your Businesses Potential with WestWon

In today’s competitive business landscape, cash flow is king. With WestWon’s Invoice Finance solution, businesses can unlock their full potential, overcome cash flow challenges, and seize new opportunities for growth.

Are you ready to take your business to the next level? Contact us today to learn more about how our Invoice Finance solution can benefit your business.

At WestWon, we’re here to help you succeed.

Preparing Your Leasing and Asset Finance Company for Sale

April 15, 2024/0 Comments/in Acquisitions, Blog/by Jess Wells-Flint

As a business owner, you may come to a point where it is time to sell your leasing and asset finance company. Whether it’s for personal or business reasons, preparing your company for sale can be a daunting task. However, if you have a clear strategy and follow the right steps, the process can run smoothly. In this blog post, we will discuss how to prepare your leasing and asset finance company for sale, from assessing its value to finding the right buyer.

Step 1: Assess the Value of Your Company

The first step in preparing your leasing and asset finance company for sale is to assess its value. This process involves reviewing your financial statements, conducting a market analysis, and evaluating your business operations. You can also enlist the services of a business valuation expert to conduct a more in-depth analysis. Knowing the true value of your company can help you set a realistic asking price and negotiate with potential buyers.

Step 2: Clean up Your Business Operations

Before putting your leasing and asset finance company on the market, take the time to clean up your business operations. This includes reviewing and updating your contracts, lease agreements, and any legal documents related to your business. You should also review your company policies and procedures to ensure they are up-to-date and compliant with current regulations. This will make your business more attractive to potential buyers and will ensure a smoother sale process.

Step 3: Find the Right Buyer

Finding the right buyer is an essential part of preparing your leasing and asset finance company for sale. You may want to enlist the services of a business broker or investment bank to help you find the right buyer. These professionals have networks and resources that can help you identify potential buyers and negotiate the terms of the sale. You can also conduct your research and create a list of potential buyers based on their track record and business goals.

Step 4: Prepare for Due Diligence

Once you have found a potential buyer, the next step is to prepare for due diligence. Due diligence is a process where the buyer examines your company’s financial, legal, and operational history to ensure that everything is in order. You should ensure that all your financial records are up-to-date and well-organized and that your books are audited. You should also have any legal documents related to your business readily available. This will ensure a smoother and faster due diligence process.

Step 5: Finalize the Sale

The final step in preparing your leasing and asset finance company for sale is to finalise the agreement with the buyer. You should consult with your legal and financial advisors to ensure a smooth and successful sale. This process involves negotiating the price, terms, and conditions of the sale, transferring ownership of the company, and ensuring that all legal and financial requirements are met.

Contact Us

Preparing your leasing and asset finance company for sale requires time, effort, and careful planning. However, following the steps outlined in this blog post can help you streamline the process and ensure a successful sale. By assessing the value of your company, cleaning up your business operations, finding the right buyer, preparing for due diligence, and finalising the sale, you can maximise the value of your company and ensure a smooth transition of ownership. Contact us here at WestWon to help research your finance needs today.

WestWon Nominated for Sustainability Award at SME MK and Buckinghamshire Business Awards 2024

April 4, 2024/in Blog, News/by Jess Wells-Flint

We are thrilled to announce that WestWon has been nominated for the prestigious Sustainability Award at the SME MK and Buckinghamshire Business Awards 2024. This nomination is a testament to our unwavering commitment to sustainability and environmental stewardship in all aspects of our business operations.

The SME MK and Buckinghamshire Business Awards celebrate the outstanding achievements of small and medium-sized enterprises (SMEs) in the region, recognising excellence across various categories. Being nominated for the Sustainability Award is a great honour and reaffirms our dedication to making a positive impact on the environment while driving innovation and growth in our industry.

At WestWon, sustainability isn’t just a buzzword; it’s a core value that permeates everything we do. Since 1st January 2022 we’ve committed to planting a tree for every month a customer finances equipment through WestWon, with a target of planting 100,000 trees in 5 years. As of today’s date, we have planted 46,806 flourishing trees!

This nomination wouldn’t have been possible without the hard work and dedication of our talented team who continually strive to integrate sustainability into our business practices. A special thanks must go to our customers. Without their business and support over the past couple of years, these numbers would not be possible.

We would also like to extend our gratitude to the organisers of the SME MK and Buckinghamshire Business Awards for recognising the importance of sustainability and for providing a platform to showcase businesses that are making a difference.

The awards ceremony is scheduled to take place on 24th June 2024, and we eagerly anticipate the opportunity to celebrate alongside fellow nominees and fellow local businesses. Regardless of the outcome, being nominated for the Sustainability Award is a significant achievement and serves as a motivation to continue our sustainability journey.

We are proud of this nomination and remain committed to advancing sustainability in everything we do. Stay tuned for updates as we continue to strive for excellence in sustainability and make a positive impact on our planet.

Thank you for your ongoing support!