Working Capital Loans

WestWon have arranged numerous working capital loans for companies, for many different purposes. We have funded websites, sales team expansion, recruitment and specific projects.

Working Capital Loans – Key features:

  • Assess to other forms of finance

  • Finance a range of working capital requirements

  • Potentially, we can arrange multiple loans from a number of finance companies

  • Fast decisions and great rates

Working Capital Loan example

WestWon business loans - Working Capital loans
  • Company
  • Loan Value
  • Term
  • Repayment
  • Rationale
  • Finance company
  • £25,000.00
  • 36 months
  • £812.75 per month
  • The recruitment of a new sales team and website development. This loan made the project a reality

Benefits of Working Capital Loans

  • Cash flow

    Allowing you to keep funds in your business for other uses

  • 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 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.

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