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Ready to Sell Your UK Asset Finance and Leasing Company? Explore Your Options with WestWon

January 15, 2024/0 Comments/in Acquisitions, Blog/by Jess Wells-Flint

If you’re ready to sell your UK asset finance and leasing company, you may be wondering what options are available to you. You want to ensure that you get the best possible price for your company, but you also want to make sure that the sale process is smooth and stress-free. In this blog post, we’ll explore some of the options available to you if you’re considering selling your UK asset finance and leasing company.

What are some of your options?

Option 1: Sell Your Company Outright

One option for selling your UK asset finance and leasing company is to sell it outright to a buyer. This can be a good option if you’re looking to get the best possible price for your company, but it can also be a complex and time-consuming process. You’ll need to find a buyer who is willing to pay your asking price, negotiate the terms of the sale, and navigate the legal and financial aspects of the transaction.

Option 2: Merge with Another Company

Another option is to merge your company with another company in the same industry. This can be a good way to combine resources and create a more competitive and profitable company. However, it can also be a complex and risky process, as there are many factors to consider when merging two companies.

Option 3: Sell to a Private Equity Firm

A third option for selling your UK asset finance and leasing company is to sell it to a private equity firm. Private equity firms have a lot of experience in buying and selling companies, and they can provide you with a quick and efficient sale process. However, they may not always offer the highest price for your company, and they may be more focused on short-term profits than long-term growth.

Option 4: Sell to a Management Buyout Team

Finally, you can consider selling your UK asset finance and leasing company to a management buyout team. This is a group of employees or managers from your company who are interested in buying the company themselves. This can be a good option if you want to ensure that your company stays in the hands of people who are invested in its success, but it can also be a complex and risky process.

Contact Us

Selling your UK asset finance and leasing company is a big decision, and there are many factors to consider when choosing the right option for you. However, you can have confidence that you’re making the best choice for your company. We have years of experience in helping business owners sell their companies, and we can help offer insights on how this process works. Contact us today to learn more about how we can help you sell your UK asset finance and leasing company.

https://westwon.co.uk/wp-content/uploads/2023/08/Picture27.png 522 1214 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2024-01-15 09:00:232023-09-18 11:18:16Ready to Sell Your UK Asset Finance and Leasing Company? Explore Your Options with WestWon

A List of UK leasing funders and lessors

November 15, 2023/0 Comments/in Acquisitions, Blog/by Jess Wells-Flint

In the dynamic world of business, obtaining essential assets and equipment is often a critical step towards achieving growth and success. Leasing solutions have emerged as a viable way for businesses to acquire what they need without the upfront capital outlay. At WestWon, we recognise the importance of connecting businesses with the right leasing partners. In this blog, we present a list of prominent UK leasing funders and lessors, equipping you with the knowledge to make informed decisions throughout your leasing journey.

Leasing funders and lessors play a vital role in facilitating asset acquisitions for businesses. These entities provide the necessary funds on lease, allowing businesses to access equipment, machinery, and technology without the burden of outright ownership. By comprehending your unique needs, these partners can help find solutions that align with your financial goals and operational requirements.

A List of UK Leasing Funders and Lessors from WestWon

  1. Aldermore Asset Finance – Aldermore offers a wide range of leasing and asset finance solutions tailored to the needs of SMEs. With their expertise spanning various industries, they assist businesses in securing the equipment they require to thrive.
  2. BNP Paribas Leasing Solutions – BNP Paribas specialises in flexible and customized leasing solutions. With a strong focus on sustainability, they provide a variety of financing options for businesses seeking to acquire assets responsibly.
  3. Siemens Financial Services – Siemens offers leasing and financing options for businesses aiming to acquire technology, machinery, and other valuable assets. Their innovative approach aligns seamlessly with the evolving needs of businesses.

Why Choose WestWon?

At WestWon, our dedication to your business’s success goes beyond providing leasing solutions. We firmly believe in empowering businesses with knowledge and access to a meticulously curated list of reliable leasing funders and lessors. Our extensive network of partners reflects our unwavering commitment to supporting your growth journey.

Contact Us

In conclusion, when it comes to acquiring assets for your business, partnering with the right leasing funders and lessors can make all the difference. With our guide to prominent UK leasing partners, you can confidently navigate the asset acquisition process. Therefore you will propel your business towards greater achievements. Contact us to find out more about your finance needs today and how we can help.

https://westwon.co.uk/wp-content/uploads/2023/08/arisa-chattasa-0LaBRkmH4fM-unsplash-scaled.jpg 844 1500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2023-11-15 09:00:332023-09-19 15:27:32A List of UK leasing funders and lessors

A list of UK asset finance and leasing brokers

October 15, 2023/0 Comments/in Acquisitions, Blog/by Jess Wells-Flint

Whatever business you are a part of, asset finance and leasing are important aspects of running a successful business. However, with so many options available in the UK market, it can be challenging to find the right broker that meets your unique needs. That’s why we have put together a small list of UK asset finance and leasing brokers to help you streamline your search and make an informed decision for your business.

Explore a few UK Brokers below

  1. Portman Asset Finance – Offering an extensive range of financing options, Portman Asset Finance caters to diverse industries, including manufacturing, construction, and healthcare. Their expertise lies in providing bespoke solutions that empower businesses to acquire the assets they need.
  2. Shire Leasing – With a strong focus on leasing solutions, Shire Leasing covers assets such as vehicles, technology, and machinery. Their dedicated team offers personalized advice and financing structures to optimize your asset acquisition journey.
  3. Oak Leasing – With decades of industry experience, Oak Leasing specializes in financing solutions for SMEs. Their commitment to flexibility, customer service, and innovative financing structures sets them apart in the market.

Why WestWon?

As a leader in the asset finance and leasing industry, WestWon is proud to offer our expertise and commitment to your business’s success. Our team has over 362 years of combined experience in leasing and asset finance. Furthermore, we are supported by a well-trained, knowledgeable, and friendly team. We also have access to 52 UK based lenders in the leasing, asset finance and business funding sector. We aim to help all businesses with their finance needs whatever they may be. Our specific plans are tailored to you and your business to help you reach the best possible next steps.

Contact Us

Finding the right asset finance and leasing broker is crucial for the success of any business. This list of UK asset finance and leasing brokers provides a great starting point for business managers looking for the perfect fit. From equipment leasing to vehicle financing, each of these brokers offers bespoke solutions. By choosing the right broker, businesses can access the financing they need to grow and thrive in today’s competitive market. Contact us to find out more about how we can help you and your finance needs today.

https://westwon.co.uk/wp-content/uploads/2023/08/glenn-carstens-peters-RLw-UC03Gwc-unsplash-scaled.jpg 998 1500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2023-10-15 09:00:462023-09-19 15:28:10A list of UK asset finance and leasing brokers

Understanding the Asset Finance and Leasing Industry in the UK

September 15, 2023/0 Comments/in Acquisitions, Blog/by Jess Wells-Flint

Understanding the asset finance and leasing industry in the UK is a crucial aspect of the country’s economy. This industry involves financial institutions providing funding for the acquisition of new or used physical assets. It encompasses a wide range of assets, including vehicles, machinery, small and large equipment, and loans, among others. In this article, we explore how many asset finance brokers and leasing companies there are in the UK. We also look at what businesses need to know about this industry.

According to Asset Finance Policy, they currently list around 400 independent brokers specialising in leasing on their system. This number includes various leasing companies that offer equipment leasing and other specialised financing options.

What does the FCA do?

Asset finance and leasing providers are regulated by the Financial Conduct Authority (FCA). They monitor the industry to ensure that all activities meet the required standards. The FCA sets out detailed rules and guidelines that asset finance and leasing providers need to follow. This includes transparency, affordability, and customer protection. Furthermore, established asset finance providers have a wealth of experience and stability. This therefore provides valuable options for businesses and individuals who have an interest in this sector.

Businesses that require financing solutions can benefit greatly from the services provided by leasing companies and asset finance brokers who are experts in this field. The benefits include access to a range of financing options, advice on the best financing options for specific business needs, and financial expertise that can help improve business performance. The industry’s flexibility is also an advantage when it comes to the different requirements businesses may have, with many options for varying business sizes and sectors.

There are also options available for start-ups and businesses with poor credit history. These options are often considered riskier and, therefore, have higher interest rates. However, they are still available, allowing businesses to access the financing that they require. This accessibility can often be the deciding factor that enables businesses to acquire essential assets or access funding for expansion and growth plans.

Contact Us

In conclusion, understanding the asset finance and leasing industry in the UK provides an important service to businesses across a variety of sectors. With regulations and multiple options for financing, businesses can access the right funding to support their growth plans. At WestWon, we are committed to providing businesses with expert advice and tailored asset finance solutions. Our experienced team understands the intricacies of various industries and can guide you through the process of acquiring assets efficiently. Contact us today to explore the possibilities of asset finance and take your business to new heights on 01494 611 456.

https://westwon.co.uk/wp-content/uploads/2023/02/handshake-resized-scaled.jpg 569 1500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2023-09-15 09:00:462023-09-18 11:17:40Understanding the Asset Finance and Leasing Industry in the UK

Top ten tips to selling as a leasing broker

August 28, 2023/0 Comments/in Acquisitions, Blog/by Jess Wells-Flint

Selling as a leasing broker is a challenging task that requires a lot of skill, determination, and perseverance. If you’re looking to become a top-performing broker and increase your sales volume, you need to learn the top ten tips to selling as a leasing broker. In this blog post, we’ll explore the top ten tips that will help you achieve your sales goals, regardless of your level of experience.

  1. Establish a rapport with your clients

One of the most important things you can do as a leasing broker is to establish a good relationship with your clients. Take the time to get to know them, learn about their needs, priorities and expectations, and personalise your approach based on your understanding of these factors. This will help you build trust and confidence with your clients, which is crucial in the leasing industry.

  1. Educate yourself on the market

As a leasing broker, you need to stay up-to-date on the latest market trends, conditions, and regulations. Read up on industry publications, attend conferences and seminars, and stay current on the latest news in the leasing industry. By being informed, you’ll be better equipped to provide insightful recommendations to your clients and position yourself as a thought leader in the industry.

  1. Streamline your process

To optimise efficiencies in your leasing brokerage, streamlining your processes is paramount. Organize your workflow and make sure that all your work is centralised in one place. This will help you avoid administrative errors, reduce cycle times, and enhance your customers’ experience.

  1. Always deliver excellent client service

Leasing brokers who prioritise top-notch customer service will often attract higher volumes of repeat business and increased customer satisfaction. Deliver on your promises, address any issues promptly, and always communicate proactively with your clients. By providing excellent customer service, you can establish yourself as a reliable, trustworthy broker.

  1. Use social media to your advantage

More and more customers are turning to social media to research, compare and engage with businesses. Leverage social media platforms to establish your brand presence, engage with your clients, and build credibility in the industry. Be sure to tailor your messaging for your target audience and use engaging multimedia content to capture their attention and drive interest in your services.

  1. Network, network, network

The sense of community is crucial in any industry, but it is especially relevant in the leasing industry. By attending industry events and conferences, you can meet other leasing brokers, share insights, knowledge and best practices, and build a referral network of trusted partners.

  1. Always have an up-to-date database

The contact database is often the lifeblood of the leasing broker. It should contain a comprehensive list of potential clients, and it should be updated regularly. Keep track of your prospects’ relevant information and their stage in the sales funnel. This will allow you to stay on top of potential leads and will facilitate efficient tracking of the sales cycle.

  1. Build a strong personal brand

Your personal brand is critical to attracting new business and nurturing existing relationships. Closely monitor how you present yourself online, in person and through your marketing collaterals. Establish your voice, tone, and message, and align it with your brand values. By building a strong brand, you can develop an identity that resonates with your clients and sets you apart from other leasing brokers in the market.

  1. Focus on your client’s needs

It may seem obvious, but targeting and addressing your clients’ needs is the key to success. Whether you’re working with businesses looking to lease commercial property or individuals looking to lease residential property, make sure that your focus is always on catering to their specific requirements. By doing so, you’ll find it easy to make yourself the natural choice when clients consider leasing.

  1. Leverage multiple channels

A well-rounded leasing broker recognizes that customers interact through a variety of channels, including mobile, social media, and physical meetings. Use multiple channels to reach your clients and prospects, and ensure that your messaging remains consistent across all channels. By doing so, you can extend your reach and strengthen your relationship with your clients.

Contact Us

If you’re looking to become a top-performing leasing broker, following these ten tips that will help you stand out from the crowd. Whether you’re just starting your career in leasing brokerage or looking to grow your existing business, adopting these tried and tested tips will help you achieve your sales goals and deliver exceptional service to your clients. Remember, learning to sell as a leasing broker can take hard work and dedication, but the rewards are priceless: a fulfilling career and loyal relationships with your clients. Contact us here at WestWon to find out more.

https://westwon.co.uk/wp-content/uploads/2023/08/microsoft-365-oUbzU87d1Gc-unsplash-scaled.jpg 1000 1500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2023-08-28 09:00:112023-08-29 10:04:48Top ten tips to selling as a leasing broker

Unveiling the Valuation Process for UK Vehicle Leasing Brokers

August 21, 2023/0 Comments/in Acquisitions, Blog/by Jess Wells-Flint

At some point, you’ll need to know the value of your leased vehicle business for insurance purposes, or if you’re thinking of selling the vehicle. In this blog post, we’ll discuss the valuation process for UK vehicle leasing brokers. By breaking it down step by step, you’ll have a better understanding of the process and what to expect.

Step 1: Research

Once the inspection is complete, the leasing broker will conduct research to determine the business’ market value. They will look at factors such as the current state of the used car market. They will also take into account any mileage on the vehicle and whether it has been regularly serviced and maintained.

Step 2: Comparison

After conducting their research, the leasing broker will compare the business to similar one in the used car market to determine its value. This comparison will help them provide an accurate valuation for the broker.

Step 3: Final Valuation

Finally, the leasing broker will provide you with a final valuation for the business. This valuation will consider all the factors mentioned above. It’s worth noting that the final valuation may differ from your initial expectations. However, the leasing broker will have considered all the relevant factors, ensuring that you receive a fair valuation for the business.

Contact Us

In conclusion, understanding the valuation process for UK vehicle leasing brokers is essential if you’re a business manager who leases vehicles. By knowing what to expect, you can be confident that you’re receiving a fair valuation for your business if you are considering selling it. Overall, it’s important to work with a trusted leasing broker who can guide you through each step of the process and ensure you receive a fair price for your leased vehicle. Contact us to find out more on the valuation process for UK vehicle leasing brokers.

https://westwon.co.uk/wp-content/uploads/2023/08/sara-kurfess-xCm3FGX8lb8-unsplash-scaled.jpg 1000 1500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2023-08-21 09:00:572023-08-29 10:04:52Unveiling the Valuation Process for UK Vehicle Leasing Brokers

Unlock the Top Tips for Selling Your UK Asset Finance Broker

August 14, 2023/0 Comments/in Acquisitions, Blog/by Jess Wells-Flint

Are you considering selling your asset finance broker? Selling your business can be a daunting process, and it’s essential to get it right to ensure you unlock maximum value. In this article, we will provide you with top tips for selling your UK leasing and asset finance broker, from valuing your business to finding the right buyer.

  1. Valuing Your Business

Before putting your business on the market, it’s crucial to understand what it’s worth. There are several factors to consider when valuing your leasing or asset finance broker. This includes your profits, client base, assets, and market trends. Work with a professional business broker or advisor to help you understand your business’s financial factors and evaluate potential buyers’ offers.

  1. Prepare Your Business for Sale

Potential buyers want to see a business that is running efficiently and smoothly. Any operational or financial issues could turn them off. Ensure your books are in order, your team is solid, and your business is performing well. A potential buyer will want to see your financial records from the last three to five years. Preparing them well in advance will save you time and hassle.

  1. Identify Potential Buyers

Selling your leasing or asset finance brokerage requires finding the right buyer that will pay the right price. Consider reaching out to people in your network, including other brokers, industry experts, and investors. Work with a business broker to tap into their network and find potential buyers. It’s essential to find the right fit, so they can grow your business with the same values and customer service standards.

  1. Negotiate the Sale

Once you have identified potential buyers, it’s time to negotiate the sale. Be prepared to negotiate on price, terms, and conditions. A potential buyer will want to see more than just your balance sheet. They will also want to know about the business’s values and the quality of the team. Ensure you are open and transparent about your business’s strengths, weaknesses, and opportunities All this will help you reach a favourable deal.

  1. Seek Professional Advice

Selling your leasing or asset finance broker is not an easy task, and you want to make sure you get it right. Consider working with a professional advisor or business broker who can guide you through the process and help ensure a successful sale. They can help you identify potential buyers, prepare your business for sale and negotiate the sale. They can also help to navigate other factors like due diligence and legal requirements.

Contact Us

Selling your UK leasing and asset finance broker can be a complex process, but it’s possible to unlock maximum value if you get it right. From valuing your business to finding the right buyer, there are several steps you can take to ensure a successful sale. Work with a professional business broker or advisor to guide you through the process and ensure you get the best deal for your business. With these tips, you’ll be well on your way to selling your business and unlocking its maximum value. Contact us to find out some more top tips for selling your UK asset finance broker.

https://westwon.co.uk/wp-content/uploads/2023/08/kaffeebart-KrPulSdUetk-unsplash-scaled.jpg 994 1500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2023-08-14 09:00:312023-08-29 10:04:23Unlock the Top Tips for Selling Your UK Asset Finance Broker
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The Financial Conduct Authority (FCA) regulates financial services in the UK and you can check this on the Consumer Credit Register by visiting the FCA’s website here or by contacting the FCA on 0800 111 6768. WestWon Limited is a credit broker and not a lender. WestWon companies deals with a range of lenders. All WestWon companies hold a current Data Protection Licence and are registered for VAT. These details, together with our policy on Treating Customers Fairly, Complaints Policy and address details are held under our Get in Touch page.
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