UK Asset Finance and Leasing – Equipment Leasing Companies Report Growth Nationwide

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Business equipment lease finance is a an increasingly attractive option for all types of UK businesses, growing by 53% year on year according to industry experts. Companies are looking for the best leasing deals with plant and machinery leasing and IT equipment leasing proving popular and an increasing trend towards office furniture and fit out leasing.

About Equipment Leasing
  • Leasing enables companies to pay for the equipment they need over a fixed period of time – typically two to five years through a series of contractual, tax deductible payments. Leasing deals offer:
  • Improved Cash Flow and Instant Return on Investment – By making monthly payments over the duration of the finance agreement, you can spread payments over the useful life of your equipment, rather than having to find the capital up front.
  • Tax Savings – Regular monthly payments can be tax deductible, making the acquisition of products and services more cost-effective.
  • Increased Flexibility for Future Upgrades – Technology changes rapidly, and avoiding obsolescence is key to staying ahead. By lease financing equipment, companies can expand or upgrade their systems as the need arises, often without an increase in monthly payments.
  • More Available Budget – Instead of spending lump sums on rapidly depreciating assets, businesses can allocate resources to where they’re needed most, giving you the freedom to invest in other areas of their business.
  • Fully Flexible for all Business Needs – Lease financing options can also fund applications and services such as installation and maintenance agreements, which are an essential aspect of most technology investments.
  • Unaffected Bank Lines – Our financing solutions have no effect on other borrowing options.

 

Leading UK Leasing Company

WestWon is a nationwide asset finance broker with partners and clients throughout the UK. We can assist all sizes of companies and organisations across the country to find the best leasing solution for their business needs – for all types of equipment and technology.

For further information about equipment leasing for businesses, call us now on Tel 01494 611 456 or email [email protected]

UK Companies Take The Strain Out Of Business Relocations With Free Moving Office Checklists And Guides

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DreamOffice.co.uk, the new interactive website designed to take the stress out of company moves, has just launched 7 new ‘Keyhole Guides’ to Moving Office. Written in plain English, the latest titles cover essential topics such as budgeting for an office move, finding the perfect location and tips about signing an office lease as well as insights into office furniture and fit-out and how to best manage IT in a transition.

Companies planning their office move can download these and other free moving office checklists and guides from the Dream Office website. They can also benefit from the Dream Office Moves free 7-stage Project Plan, which provides an easy way to build a personalised office relocation plan simply by answering a series of pertinent questions. And access the Perfect Partners for office moves.

The new free downloadable ‘Keyhole’ Guides to office moving are:
• Tips on signing a lease
• Furniture and fit-out
• IT and Comms
• Changing Company Culture With a Move
• Finding The Best Location
• Moving Office Mistakes
• How To Fund An Office Move & Save Money

Existing Checklists and Guides include:
• Budgeting and Financial Planning for Office Moves
• Checklist For A Successful Office Move
• Employer and Employee Relations

The Dream Office Move 7-stage project plan consists of staged actions, advice and information to help project managers and pinpoints both priorities and the best strategies to minimise risk when moving office. The office move project planner also generates a printable overview flow chart to visually guide users through each stage of their office move.

In addition, the Dream Office website offers a reliable means of sourcing Perfect Partners – established local suppliers that specialise in providing goods and services for businesses on the move. Whether for the supply or installation of equipment or for other professional services related to office moving such as new signage or furniture, Perfect Partner status ensures these suppliers meet WestWon’s high quality standards, based on many years’ experience in this field.

For more information please Tel: 01494 611 629 or Email: [email protected]

www.dreamoffice.co.uk

Dream Office is owned by WestWon Limited. See About WestWon

7 Easy Steps to the ‘Dream Office’ Move With New Advice-based Website www.DreamOffice.co.uk

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Inspired by the need for high quality online information about the office moving process, WestWon Limited has announced the launch of a comprehensive free advice website www.DreamOffice.co.uk. Designed with small and medium sized businesses in mind, the new interactive website enables hard-pressed company managers to rapidly produce their own structured step-by-step project plan to achieve a successful, stress-free office move. DreamOffice.co.uk also provides insights, checklists and money-saving strategies in the form of a series of downloadable ‘Keyhole’ Guides and case studies. The site additionally offers a reliable means of sourcing ‘Perfect Partners’ – established local suppliers that specialise in providing goods and services for businesses on the move.

According to research conducted by WestWon, the average UK company moves office every 5-7 years and in the majority of cases, the person responsible for co-ordinating this sizeable project often has little or no previous experience of managing a relocation. The study shows that the moving process carries a high risk of going over budget, thereby creating cash flow issues, particularly where the designated office move project manager does not have access to proper planning tools and advice.

Using Dream Office Moves’ free 7-stage Project Plan allows those moving offices to build a personalised workplace transition plan simply by answering a few straightforward questions. Each project plan consists of staged actions, advice and information and pinpoints both priorities and the best strategies to minimise risk.  The office move project planner also generates a printable overview flow chart to visually guide users through each stage of their planned office move.

Also available on the Dream Office Moves website is a series of free downloadable ‘Keyhole’ Guides to office moving, spanning topics such as:

  • Budgeting and Financial Planning for Office Moves
  • Checklist For A Successful Office Move
  • Employer and Employee Relations

Those visiting the website can access a series of informative case studies as well as the current ‘Tip of the Day’- a useful aide-memoire for office moving.

Through its Perfect Partner scheme, DreamOffice.co.uk also provides a ready source of established local and nationwide suppliers. Whether for the supply or installation of equipment or for other professional services related to office moving such as new signage or furniture, Perfect Partner status ensures these suppliers meet WestWon’s high quality standards, based on many years’ experience in this field.

Commenting on the launch of the new Dream Office Moves website, WestWon CEO Jeremy Hall said. “Moving office can be both stressful and time-consuming for those put in charge of the process, and having been through the office move mill numerous times ourselves over the past 25 years, we were inspired to address the gap in the market for free yet highly structured advice on the subject in the form of the Office Move Project Plan.

“Dream Office Moves provides a wealth of useful information for businesses just like us and we anticipate that many companies will find they can save both time and money by making full use of the free project planning generator and the many other resources that can be found on the website.”

Dream Office is owned by WestWon Limited. See About WestWon for more information.

www.dreamoffice.co.uk         Tel: 01494 611 629          Email: [email protected]

Asset Finance And Leasing Grows As The UK Economy Exceeds 2008 Peak

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A recent report by the National Institute of Economic and Social Research (NIESR) has indicated that the economy will grow by 2.9 percent in 2014 and 2.4 percent in 2015 and on current plans the public sector finances will be in surplus by 2019.

Gross Domestic Product (GDP) reached 0.9 percent between March – May 2014 , which means that output was 0.2 percent higher at the end of last month than it was when the recession hit in 2008, when output fell by 7.2 percent in a year.

Experts at NIERS have hailed this – 6 years on – as a ‘symbolic milestone’ for the UK. This means that GDP will exceed its previous peak in 2008 in the next few months, although per capita GDP still remains well below its previous peak, and will not exceed it before 2017.

The Bank of England is now also predicting growth of 3.4 percent this year and the Office of National Statistics (ONS) also reported that British manufacturing is growing at its fastest rate for 4 years.

At the same time, concerns about productivity levels persist and the UK’s trade performance remains disappointing, with the current account deficit running at about 4 per cent of GDP, on average, over the period 2012–14, although improving subsequently as the global economy continues to strengthen.

The Finance & Leasing Association (FLA) has also reported that asset finance new business grew by 17% in March compared with the same month last year and was 13% higher in the first quarter of 2014 than in Q1 2013.

Lease finance for plant and machinery and business equipment saw the strongest growth in Q1 2014, up by 21% and 20% respectively, while IT equipment finance was 11% higher than in Q1 2013.

Commenting, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said:

“In Q1 2014, the asset finance industry returned its best first quarter performance for five years, and the pattern of growth suggests a broad-based recovery in business investment.

For more information about nationwide and local leasing deals for business equipment call WestWon on Tel: 01494 611 456. Download The Free Guide to Leasing

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