3D Printer Financing

3D Printer Financing
Thousands of retail businesses in the UK use leasing and business loans to support their growth. How can we help you?

Why Choose WestWon?

WestWon is a leading company in the UK providing flexible and easy financing and leasing solutions to businesses. We not only provide funds but also lease out 3D printers and other equipment to companies to help them in conserving their cash. Therefore, you can maximise your profits by introducing revolutionary 3D printing technology and still bear the expenses conveniently in a tax efficient manner.

3D Printing

There has been a lot of talk about 3D printers of late. This revolutionary technology is transforming the face of many businesses by helping in cutting down costs and introducing new and improved products. However, it requires pumping in huge capital to introduce 3D printing in any business. So, whether you are a young start up or an established company, it is not a practical step to buy the expensive machinery to introduce expensive 3D printing into your business. This is where financing and leasing options come into play.

Make use of our flexible and innovate finance and leasing solutions to introduce 3D printing in your business and conserve your valuable cash.

Decision in 24hrs
Industry Leading Rates From 2.5%
95% Acceptance Rate
5* Customer Service

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Enquire Now

1. For enquiries over £100,000, please contact us directly on 01494 611 456.

2. The rental price indicated is for general guidance and is subject to credit approval.

3. Business users only.

Call us today on  01494 611 456 for 3D printer financing. Our highly knowledgeable and friendly team can offer you a FREE, no obligation quote and answer any of your queries.

Benefits of 3D Printer Financing

Cash Flow
You will be able to keep funds in your business to be used elsewhere
Alternative lines of funding
You don’t have to use up a bank facility you already have
VAT
On rental agreements, the VAT is included in the rental, not in a lump sum

Pay for the equipment as you use it
Companies pay employees over time as they work, so why pay all the cost for a 3d printer in advance?
The latest equipment
Always have the latest 3d printer at your disposal by implementing a recycling strategy, whereby you replace equipment at the end of the lease term
Tax planning
Using a lease rental agreement, 100% of your rental is deductible against your companies corporation tax

The 3D Printer Leasing Process

WestWon - The leasing process - customer NEW

3D Printer Leasing example

Company
Capital Value
Term
Repayment
Rationale

A Print Company
£2,795 + VAT
36 months
£96.93 + VAT per month
Financing of an Ulitmaker 3 3d printer for a Hertfordshire based print company

3D Printer FAQ’s

How long can I lease 3D printers over?

The majority of deals we write are over a 3 or 5 year term. However, we can lease equipment from 1 year up to 5 years.

What is roughly the interest rate?

8% APR, maybe more if the repayment term is under a year.

Is there an advance payment?

Often we take a three months deposit to keep the monthly rentals lower however you can pay more or as little as one month upfront if you wish.

How cheap are your lease rates for 3D printers?

The leasing and 3D printer financing sector is already very competitive. Hence, we will give you a very competitive quote from day one. Normally, we do not lose business because we are too expensive.

I want to keep the 3D printer at the end of the rental agreement, can I do this?

Yes, under terms of a lease rental agreement you have the option to own the 3D printer at the end of lease. Alternatively, there is an option to return the equipment at the end of the lease if you wish to get the latest 3D printer.

How quickly can you arrange 3D printer financing?

Applications can be accepted within a few hours and once documents are signed, the equipment will be delivered, and the agreement activated within 2 working days of delivery and install.

I am a new start company, will you credit clear me?

If you are a home owner and have a clear personal credit history, we should be able to source funds for you, normally up to £50,000 for new start businesses.

I am an established business trading over three years, what information do you require?

Often, we just take a look at the information in the public domain at Companies House. However, there are times when we will ask to see bank statements, last year’s full audited accounts and management accounts.

I have a CCJ / my company has a CCJ, will we get finance?

If the CCJ is satisfied and there is a good reason for the County Court Judgement, then we will argue your case. However, if you have an unsatisfied CCJ, then sadly we will struggle to get finance.

Can I upgrade my 3d printer during the lease agreement?

Yes, we can arrange for your current agreement to be terminated and set up a new lease with the latest 3d printer technology.

How cheap are your 3D printer financing rates?

We do not normally lose business because we are too expensive. Our view is to give cheap lease and finance rates and make sure we do more business together in the future.

What is roughly the interest rate?

8% APR, maybe more if the repayment term is under a year.

What makes you different from other leasing companies?

We like to think a number of things:
1. We have a member of staff who only works with architects
2. We have arranged many leases and loans for architects, hence have experience in this sector
3. WestWon has good business relationships with computer software suppliers working in the CAD market
4. We have a client portal, so you can see quickly and easily see what agreements you have with our company

How cheap are your lease rates for architects?

The leasing and loan sector for architects is already very competitive. Hence, we will give you a very competitive quote from day one. Normally, we do not lose business because we are too expensive.

How often do your customers come back to you for more business?

Our customer retention rate is extremely high, our latest figures shows that over 80% of customers will use WestWon again, mainly due to our level of customer service and the range of assets we finance.

Can I use my own supplier of 3D printers?

Yes, it is up to you who you use as a supplier.

Can WestWon recommend me a supplier of 3D printers?

Yes, we work alongside hundreds of suppliers including those of 3D printers . We would be more than happy to put you in touch with a company who can assist.

Can I pay the lease off early?

Yes. The finance company will work out a settlement figure based on how many rentals are left to pay.

Can I add more 3D printers or other equipment to the lease at a later date?

Technically you can, but nobody ever does. It is more cost effective to set up a brand-new lease.

Can I include 3D printers located on multiple sites on the same lease?

Yes, providing the install dates are similar we can place multiple sites on one lease. To do this we will require a breakdown of what equipment is located at each site.

Blog

November 12, 2015

Contact Us

Call us on 01494 611 456 for further information on leasing your 3D Printer