WestWon Divisional Director, Richard Porter, explains the role of the FCA in the asset finance space, and why it’s important to use a finance provider who is registered with the Financial Conduct Authority. Who is the Financial Conduct Authority? The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates […]
The Recovery Loan Scheme launches on the 6th April and will run until the 31st December this year, subject to review. Similar to CBILS, the Government will guarantee 80% of the finance to the lender, hence hopefully making some company borrowing decisions easier. There are three type of finance, term loans, invoice finance and asset […]
Unsurprisingly the question we’re being asked the most by our customers and suppliers is ‘Does the Super-Deduction tax apply to leasing?’ We’re also being asked how the relief works and how it can benefit their business. The super-deduction 130% first year tax relief on qualifying assets is a major boost in the arm to UK […]
Our Dental Divisional Director Richard Porter explains why leasing might not always be right for you in the current climate. Leasing – Good or bad for Dentists? Despite 70% of dentists still going down the leasing route; I wanted to look at why 30% of dentists find it better for them to make use of […]
Prior to acquiring Premier Finance and Leasing, we undertook research into UK leasing and asset finance companies with a similar name. The results are that “Premier” is a popular choice of company name. Firstly, we must not confuse our company with Premier Leasing and Finance Limited. Based out Gloucestershire, this company having been around since […]
What a truly wonderful start to the week receiving the following email from what will be a new dentist client! We have removed the senders name for confidentiality reasons, but other than that, their email to our managing director Jeremy Hall perfectly encapsulates why we love doing the job we do for UK businesses. […]
WestWon are pleased to announce the acquisition of Premier Finance and Leasing, their fifth leasing broker acquisition of 2020. Bob Phipps founded Premier just under twenty years ago. Based out of Nottingham, the company mainly focuses on providing lease finance for SME companies across a range of equipment. The business has built a large contact […]
UK Companies have seen a reduced need for VAT funding in Q3 2020. Over 64% of companies in the UK have a yearend in March, June, September and December. Nearly all these business’s will match their quarterly VAT return dates to their yearend. For our VAT funding division, the last two weeks of October and […]
It is a question I often get asked on a regular basis, how do you value a leasing broker? For the sake of this blog, I am just going to focus on leasing brokers with less than twenty employees. Large leasing brokers that have been sold Many of the UK’s largest leasing brokers have sold […]
