• Twitter
  • Youtube
  • LinkedIn
  • Facebook
Call us now: 01494 611 456
WestWon
  • Home
  • About
    • About Us
    • Awards
    • Meet the Team
    • Memoirs
    • Acquisitions
    • Family
    • WestWon Woodland
  • Sectors
  • Assets We Finance
  • Vehicles
  • VAT Loans
  • Invoice Finance
  • Accountants
  • Professions Finance
  • Clients
  • Acquisitions
  • Resource Centre
    • News & Blog
    • Knowledge Hub
  • Get an indicative quote
  • Search
  • Menu Menu

Why leasing your software is better than buying

June 13, 2022/0 Comments/in Blog, Software/by Jess Wells-Flint

Why Lease Software?

Many actually aren’t aware that they can finance their software. When leasing is mentioned, software leasing often isn’t the first asset that springs to mind. But by leasing your software instead of buying, it can put your business at a significant advantage to your competitors. Along with several other benefits that I will be listing in this blog.

So, what are the benefits?

Boost your cash flow health

To begin with, your cash flow will benefit. As you may know, software can be a costly overhead! Acquiring your software on finance will undoubtedly allow you to keep cash in the business that wouldn’t otherwise be there if you were to purchase your software outright. But, by leasing it, you can invest this money into other areas of your business such as recruitment.

Remain competitive

As mentioned previously, software is forever advancing! So, another substantial benefit to software leasing, is that you will be able to remain competitive in your sector. This is because you will be enabled to upgrade to the latest technologies on a regular basis through a refresh strategy. Whereas, by purchasing upfront, you are putting yourself at a disadvantage with a depreciating asset in your ownership.

Pay as you use

You pay your employees monthly, as they are adding value to your business. Why should any other valuable asset to your business be paid any differently? Software finance gives you the option to pay for your software just like you do for your employees, avoiding any damage to your cash flow.

Alternative funding line

Leasing is also great as an alternative funding line. So no need to use up an existing one!

Price lock your software

Additionally, with a software lease agreement you will lock in the price of the software over your rental term. This meaning that despite any price increases of your software throughout your term, the price will remain the same as it was from when your lease agreement commenced.

Tax benefits

Similar to many other lease agreements, VAT is not required to pay in full and upfront. Instead, it is distributed across your rental period along with the rest of your payment. (And, if your VAT liability is getting the better of your business, VAT loans are a great way to relieve that pressure off of your cash flow. Find out more about VAT loans here.)

Also, did you know that 100% of your lease rental is deductible against your company’s corporation tax?

 

Contact Us

Are you interested in obtaining finance for your software needs? Give us a call on 01494 611 456, alternatively, send an email to [email protected]. Here at WestWon we work alongside a myriad of software suppliers. So we can provide you with a recommendation that suits your business best, we are always happy to help! Visit our software leasing page to find out more about software leasing and use our free software leasing calculator!

https://westwon.co.uk/wp-content/uploads/2021/11/software-l-min-scaled.jpg 1000 1500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2022-06-13 09:00:242023-02-20 17:31:26Why leasing your software is better than buying

We are proud to be working with a true British engineering success story…

June 2, 2021/0 Comments/in Blog, Lease Deal, Software/by Jess Wells-Flint

WestWon are proud to be working with Briggs Automotive Company

Briggs Automotive Company (BAC) (www.bac-mono.com) are a truly unique British engineering success story hand building the world’s first single-seater, road legal supercars: the BAC Mono and BAC Mono R. These supercars look, sound and feel amazing. BAC was founded in 2009 by brothers Neill and Ian Briggs, with the BAC Mono being launched in 2011. Their modest yearly production run of around 40 cars. This means there will always be a waiting list of high-net-worth individuals looking to purchase one.

Using Computer Aided Design

Much of the design work is undertaken using computer aided design (CAD) software, supplied by one of the UK’s largest CAD suppliers. Whilst some engineering companies pay cash upfront for these software licences, many other companies decide to lease and spread the cost over three years. WestWon have arranged a lease for BAC’s CAD software and are proud to have them onboard as a client.

Hear from the directors themselves

Jeremy Hall, CEO of WestWon commented: “All clients are important to us and we work with a wide range of end-user companies across the UK from many different business sectors. We are proud to help fuel investment via leasing facilities into our economy.

“One of our clients is Briggs Automotive Company, who have designed, developed, and now manufacture a unique road-legal supercar that has the look and feel of an F1 racing car.  Over 95% of the suppliers they use are based in the UK. Take a look at their website and you will see how great they look.”

Speaking on behalf of BAC, Ian Briggs added: “Setting up an engineering company from scratch is a capital-intensive project. Funding does come in from numerous sources. One of these finance sources is WestWon, who have arranged the leasing of our CAD licence fees over three years. This helps spread the payments. In effect, we are paying for the software as we use it opposed to tying up valuable capital in fixed assets.”

Contact Us

WestWon leases CAD software to hundreds of architects, civil engineers, engineering and construction companies. It is an important part of our business. Please call us if you are looking to finance CAD software in your company.

Likewise, if you are looking for fun and a great investment, give BAC a call and take a test drive in their single seater sports car. Please do not forget, we can lease these cars to you as well!

Please note, all pictures are the property of Briggs Automotive Company (BAC). WestWon will not receive any introductory commission should you wish to purchase a car.

https://westwon.co.uk/wp-content/uploads/2021/05/BP4A7109-3.jpg 201 500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2021-06-02 10:11:242022-04-08 09:26:51We are proud to be working with a true British engineering success story…

Compare Leasing Software to Software as a Service

June 27, 2018/0 Comments/in Blog, Software/by Jess Wells-Flint

Software leasing in the UK We have been leasing computer software since 1989. Software suppliers, or authors as they are sometimes known, used to only offer two payment options to their clients; Pay cash up front or lease. We have worked with hundreds of software companies in the past, from the small niche companies that […]

Read more
https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png 0 0 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2018-06-27 10:33:542018-09-05 10:00:57Compare Leasing Software to Software as a Service

Leasing partner for software suppliers and software developers UK

June 20, 2018/0 Comments/in Blog, IT, Software/by Jess Wells-Flint

Software suppliers and software developers UK Is software leasing a better option than a SaaS model? Software suppliers – offering a leasing option and a SaaS option WestWon work with a software supplier who runs a SaaS model. Most of the smaller clients they bring on board they will sell them a monthly subscription. However, […]

Read more
https://westwon.co.uk/wp-content/uploads/2016/03/WestWon-Telecommunications.jpg 430 1500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2018-06-20 10:44:002018-09-05 12:28:24Leasing partner for software suppliers and software developers UK

Adobe CCT 2014 Software: Lease cost £987.77/Monthly

November 12, 2015/0 Comments/in Deals, IT Equipment Leasing, Software/by Jess Wells-Flint

WestWon provided a company based in London with asset based finance for 25 Adobe CCT 2014 Max Renewal 12M Term GGP via a WestWon Partner who supplies Adobe CCT software

Capital Cost: £10,415.00 ex. VAT

Lease Rental: £987.77 ex. VAT

Payment Frequency: Monthly
Lease Period: 1 Year

ManufacturerModelDescriptionPart No.Quantity
Adobe CCT 2014 Max Renewal 12M Term GGP25
Adobe CCT 2014 Max Renewal 12M Term ROMO3
https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png 0 0 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2015-11-12 16:22:382022-04-08 09:18:33Adobe CCT 2014 Software: Lease cost £987.77/Monthly

Bloxx 1500RTU Education Web Filter Software: Lease cost £5,608.46/Annually

November 12, 2015/0 Comments/in Deals, IT Equipment Leasing, Software/by Jess Wells-Flint

WestWon provided a company based in Coventry with a lease agreement for 1 Bloxx 1500RTU Education Web Filter Software via a WestWon Partner who supplies Bloxx 1500RTU Education Web Filter Software.

Capital Cost: £18,392.00 ex. VAT

Lease Rental: £5,608.46 ex. VAT

Payment Frequency: Annually
Lease Period: 4 Years

ManufacturerModelDescriptionPart No.Quantity
Bloxx 1500RTU Education Web Filter Software1
https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png 0 0 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2015-11-12 16:19:592016-07-20 04:04:45Bloxx 1500RTU Education Web Filter Software: Lease cost £5,608.46/Annually

Adobe CCT 2015 Software : Lease cost £197.01/Monthly

November 12, 2015/0 Comments/in Deals, IT Equipment Leasing, Software/by Jess Wells-Flint

WestWon provided a company based in Londonwith a lease agreement for 5 Adobe CCT 2015 Software via a WestWon Partner who supplies Adobe Software.

Capital Cost: £3,833.99 ex. VAT

Lease Rental: £197.01 ex. VAT

Payment Frequency: Monthly
Lease Period: 2 Years

ManufacturerModelDescriptionPart No.Quantity
Adobe CCT 2015 Software5
Apple MacBook 13 I5 2.9Ghz 16gb1
Apple Magic Mouse1
Apple Thunderbolt to Gigabit Ethernet Adaptor1
Wacom Intuos Pro Pen & Touch Medium Tablet1
https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png 0 0 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2015-11-12 16:19:442016-07-20 04:04:45Adobe CCT 2015 Software : Lease cost £197.01/Monthly

Elucid Multi Channel Retail Software: Lease cost £491.77/Monthly

November 12, 2015/0 Comments/in Deals, IT Equipment Leasing, Software/by Jess Wells-Flint

WestWon provided a company based in London with a lease agreement for 1 x Elucid Multi Channel Retail Software via a WestWon Partner who supplies Elucid Multi Channel Retail Software.

Capital Cost: £15,900.00 ex. VAT

Lease Rental: £491.77 ex. VAT

Payment Frequency: Monthly
Lease Period: 3 Years

ManufacturerModelDescriptionPart No.Quantity
Elucid Multi Channel Retail Software Including:-1 x
EPOS Software Upgrade x 2
Communications Module x 3
Cystal V8.5 x 1
Promotions Module x 1
https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png 0 0 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2015-11-12 16:19:202016-07-20 04:04:45Elucid Multi Channel Retail Software: Lease cost £491.77/Monthly

Microsoft Office Professional Software: Lease cost £1,883.51/Monthly

November 12, 2015/0 Comments/in Deals, IT Equipment Leasing, Software/by Jess Wells-Flint

WestWon provided a company based in Market Harborough with asset based finance for 77 Microsoft Office Professional via a WestWon Partner who supplies Microsoft Office Software.

Capital Cost: £20,050.50 ex. VAT

Lease Rental: £1,883.51 ex. VAT

Payment Frequency: Monthly
Lease Period: 1 Year

ManufacturerModelDescriptionPart No.Quantity
Microsoft Office Professional77
Microsoft Windows Server Standard10
Microsoft SQL Server Standard 2 core licence2
Remote Desktop CALS10
Core CAL77
Microsoft Exchange Server Standard1
https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png 0 0 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2015-11-12 16:18:162016-07-20 04:04:45Microsoft Office Professional Software: Lease cost £1,883.51/Monthly

Autodesk Building Design Suite Premium Software : Lease cost £1,018.30/Monthly

October 30, 2015/0 Comments/in Deals, IT Equipment Leasing, Software/by Jess Wells-Flint

WestWon provided a company based in London with asset based finance for 9 Autodesk Building Design Suite Premium Software via a WestWon Partner who supplies Autodesk Software.

Capital Cost: £29,917.50 ex. VAT

Lease Rental: £1,018.30 ex. VAT

Payment Frequency: Monthly
Lease Period: 3 Years

ManufacturerModelDescriptionPart No.Quantity
Autodesk Building Design Suite Premium Software9
Autodesk AutoCAD Software4
Autodesk 3ds Max Software3
https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png 0 0 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2015-10-30 15:55:232016-07-20 04:04:46Autodesk Building Design Suite Premium Software : Lease cost £1,018.30/Monthly
Page 1 of 3123

Recent Posts

  • Who would buy a UK leasing broker and why?
  • Looking to buy new equipment for your business? Have you considered leasing?
  • How do you value a UK leasing and asset finance broker?
  • WestWon Donates Laptops to The Cloudy Foundation, Empowering Youth with Essential Digital Skills
  • Exploring Opportunities: Vehicle Leasing Broker for Sale

Archives

Did you know?

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

Our team are waiting by the phone to take your call. Let us show you what we can do!

Main contact
Phone: 01494 611 456
E-Mail: [email protected]
Twitter: @westwonlimited

Contact us

CORPORATE INFORMATION

  • General Data Protection Regulation
  • Corporate responsibility
  • Company information
  • Complaints handling procedure
  • Charitable work
  • Financial Conduct Authority
  • Privacy and cookie policy
  • Modern Day Slavery Statement
  • Fair Processing Notice
  • Anti Money Laundering Terms

GET IN TOUCH

Contact Us

[email protected]

01494 611 456

PORTAL ACCESS

CORPORATE INFORMATION

  • General Data Protection Regulation
  • Corporate responsibility
  • Company information
  • Complaints handling procedure
  • Financial Conduct Authority
  • FCA – Consumer Duty
  • Privacy and cookie policy
  • Modern day slavery statement
  • Conflict of Interest Policy
  • Fair processing notice
  • Anti money laundering terms
  • Bribery and corruption
  • Vulnerable Customer Policy
  • Charitable work
  • WestWon Woodland Sustainability Policy
  • Employment at WestWon
  • Careers in asset finance
© 2025 WestWon Limited
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.
This website uses Cookies to give you the best most relevant experience. Continued use of this site means you have accepted our policy.
  • Privacy Policy
Scroll to top

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.

Learn moreOK

Cookie and Privacy Settings



How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential Website Cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are strictly necessary to deliver the website, refusing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.

We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.

We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.

Google Analytics Cookies

These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience.

If you do not want that we track your visit to our site you can disable tracking in your browser here:

Other external services

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.

Google Webfont Settings:

Google Map Settings:

Google reCaptcha Settings:

Vimeo and Youtube video embeds:

Other cookies

The following cookies are also needed - You can choose if you want to allow them:

Accept settingsHide notification only