Everything asset finance | Q&A with Jeremy Hall

Maintaining a healthy cash flow can be challenging, especially when focusing on expanding your business. It may feel like all the odds are against you at a time when you are just trying to grow. But many aren’t aware of the relief that asset finance can provide a business as well as support in their growth.

So, whether you could benefit from the funds to employee more staff, invest in the latest technologies, or even to pay for a new project that you have in the pipeline asset finance is a great way to go about achieving these objectives.

Why do companies use asset finance?

Purchasing assets outright can be detrimental to a businesses’ cash flow. However, asset finance allows you to spread the cost of your growth into monthly manageable payments. Not only this but there are also tax advantages to benefit from. For example, by taking out a lease rental agreement, 100% of your rental is deductible against your company’s corporation tax. It also gives people a peace of mind that the VAT is spread across the agreement term too. Therefore, you can avoid paying the lump sum upfront too.

How much can I borrow?

Anywhere from £1000, to multi-millions.

Who can apply for WestWon asset finance?

Any UK based business can apply for our finance. We have a 96% acceptance rate, so if you have been turned away by a mainstream bank, give us a call!

Who makes the payment to the supplier?

We make the payment directly to the supplier of your choice, or multiple suppliers at the same time if this is required.

What repayment terms are available?

Anywhere from 1-5 years, although up to 7 years for the right asset. These flexible payment options allow companies to have better control over their cash flow.

How do I apply?

To find out whether your business is creditworthy, please do get in touch. Give us a call on 01494 611 456 or send an email to hello@westwon.co.uk. A member of our friendly team will then look to get you credit cleared within just 24 hours!

What is the leasing process?

See our quick and simple leasing process through our infographic below:

Contact Us

If you would like to learn more about asset finance and how it might benefit your business, feel free to get in touch. Give us a call on 01494 611 456, or send an email to hello@westwon.co.uk