New Leasing Calculator Makes It Easy to Compare Lease v. Buy Costs
WestWon has launched a new online leasing calculator to make it simple for businesses to estimate the costs of leasing new equipment. Read more
WestWon has launched a new online leasing calculator to make it simple for businesses to estimate the costs of leasing new equipment. Read more
Many businesses need new waste equipment – such as balers, recycling machinery, compactors and shredders – but are reluctant to tie up existing capital or lines of credit.
That’s why leasing is often a better option than buying. After all, asset finance now helps to fund 27% of all fixed-capital investment in the UK.
Companies can lease almost any type of waste equipment – just take a look at our new Waste Equipment Leasing video for some examples. Over 5,000 views already.
For more information, contact WestWon today on Tel: 01494 565 611
If you are asking if leasing and asset finance is right for your business and how to find the best leasing deals, have a look at WestWon’s new Frequently Asked Questions (FAQs) about leasing and asset finance.
You may well find the answer to your question here. If not, we’ll be glad to help further – simply call us on Tel: 01494 611 456 or email boris@westwon.co.uk
More and more businesses are using asset finance and leasing. Asset finance now helps to fund 27% of all fixed-capital investment in the UK. And organisations across every market sector benefit from leasing from new start-up businesses to large established companies. It could be the solution you have been looking for.
When a business needs new equipment, but would prefer not to tie up existing capital or lines of credit, leasing is a great option.
After all, Asset finance now helps to fund 27% of all fixed-capital investment in the UK.
Companies can lease almost any type of processing and packaging equipment – just take a look at our new video for some examples.
For more information, contact WestWon today on Tel: 01494 565 611
The possibilities are endless… And a picture paints a thousand words so take a look here!
A recent CBI’s report forecast that mid-sized organisations could add up to £50bn to the UK economy by 2020 . However, Neil Bentley, the CBI’s deputy director general commented, “Even with the right level of ambition firms will struggle to grow if they lack the right capabilities internally.”
According to Daniel Ball, writing for Real Business, if mid-sized organisations don’t ‘tool up’ for growth their potential could be hampered by cash flow issues, supply chain inefficiencies, and a lack of business visibility. This is a critical time in their development and they can’t afford to lose focus.’ http://realbusiness.co.uk/news/dear-mid-market-please-dont-change-that-much
Here at WestWon, we couldn’t agree more. And we firmly believe that leasing and asset finance has a bigger role than ever to play in boosting business growth and the economy.
According to the latest figures from the Finance & Leasing Association (FLA) The UK asset finance market grew by 9% in the second quarter of 2012 with new business volume for the three months to the end of June of £5.3bn (€6.6bn) compared to £4.9bn in 2011.
The FLA said more than 50,000 businesses invested in new equipment using leasing over the three-month period with more agreements were made through commercial finance brokers and equipment suppliers, with both channels up by 14% in the quarter.
WestWon’s CEO Jeremy Hall commented, “Our experience mirrors these findings, both within Buckinghamshire and UK-wide. Confidence amongst small and medium sized businesses in particular is strong and we also experiencing a sharp increase in enquiries from potential equipment suppliers and partners. Overall, new business is growing steadily versus the previous year.”
#buckinghamshire #bizitalk
WestWon was recently musing about how employers are increasingly buying not only laptops for their employees, but tablets and phones as well. So it is interesting to see reports about how the Olympics and so forth have accelerated this trend.
For example, according to a survey by software company Telligent, a staggering 57% of UK employees stated that they would be working remotely at some point this summer. (https://www.techbubbles.co.uk/blog/57-of-people-will-be-working-remotely-this-summer)
It’s another reason why leasing IT equipment, and particularly pricey mobile devices, is such a great option for businesses trying to ride this personal productivity wave without a hefty impact on cash flow.
During our time in business, WestWon have financed many warehouse fit outs.
The list goes on. Certainly, buying a warehouse and fitting it out is a capital intensive project even though the upfront investment should be paid back in the long run through increased efficiency and staff productivity. Where there are capital budget restrictions, using leasing and finance facilities is an excellent way to acquire the warehouse equipment assets you need today, whilst allowing you to pay for them over their useful life. #assetfinance
Tablet sales are already growing exponentially, and this trend is set to continue. So far, schools and blue chip companies – typically those with a large external sales force – have been the first to use lease rental to acquire large numbers of tablets. Over the next few years, SME companies will follow suit as their staff also start to use tablets as a standard business tool.
“Research indicates that companies will soon be supplying their employees with a tablet, mobile phone and computer, and all three will communicate effectively together. The ensuing productivity benefits will make this a worthwhile investment, but it will be a significant change from today’s scenario where the company simply provides a laptop and employees buy their own mobiles and tablets” notes WestWon’s Jeremy Hall.
Acer, Asus, Blackberry, Dell, HTC, LG, Samsung, Sony, Toshiba are just a few of the most popular tablets. And with an RRP of between £169 and £579, companies contemplating bulk purchases and a steep upfront increase in costs may well find technology leasing a more attractive option than purchase – especially where the agreement includes insurance and extended warranty.
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