Loans for Professionals

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

Loans for Professionals

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

Professional Loans from WestWon

Professional Loans for:

  • Pharmacists
  • Solicitors
  • Veterinarians
  • Architects
  • Barristers
  • Chartered Accountants
  • Chartered Surveyors
  • Chiropractors
  • Dentists
  • Doctors
  • Optometrists

Key features of Professional Business Loans:

  • VAT funding

  • Tax liability

  • Practice acquisition

  • Unsecured practice loans

  • Professional indemnity insurance loans

  • Practice loans

Benefits of Professional Loans

  • Cash flow

    You will be able to keep funds in your business to be used elsewhere

  • Alternative funding lines

    No need to use up an existing bank facility

  • VAT

    On rental agreements VAT is paid in the rental, not in full and upfront

  • Tax planning

    Using a lease purchase agreement, if your investment in assets in one year is £200,000 or under, subject to some HMRC conditions, this expenditure can be fully offset against Corporation Tax. For many customers, a lease rental is a great solution as all rental repayments are allowable against Corporation Tax

  • Budgeting

    A lease repayment covers the cost of the professional equipment and interest. This makes internal allocation of costs very easy for those companies wishing to divide the cost by headcount, department or even square footage

  • Budgeting

    It’s easy to budget for a fixed rental payment over a three or five year term

  • Pay for the equipment as you use it

    Would you pay a new employee three years’ salary in advance, probably not. So why pay for their desk, computer or car in advance?

  • Obsolescence

    Under the WEEE directive, you have an obligation to dispose of certain assets in an environmentally friendly way. If you rent the equipment, you can just hand it back at the end of the rental term.

Professional Loans example

Business Loans | Business Finance Leasing Commercial Loans Professional Loans
  • Company
  • Loan Value
  • Term
  • Repayment
  • Rationale
  • Firm of accountants
  • £37,396.60
  • 60 months
  • £865.74 per month
  • Office move and refit. Allocating the rental cost per partner per month, makes budgeting in professional practices significantly easier

learn more about professional lending

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