Introducing WestWon Dental!

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We are excited to announce the introduction of our new division here at WestWon, WestWon Dental. As you may know, our divisional director Richard Porter has worked with us for almost 3 years now. Since he joined, we have seen huge growth in not just the amount of dental leasing and asset finance, but in the dental industry itself. Richard throughout this has managed to grow alongside it. Due to this rapid growth, it was decided that a new website and division would be set up. You can view the new website by clicking on the link below.

Take me to the website!

Awards:

At the end of 2021, WestWon did extremely well in the Dental Industry Awards. We won the award for ‘Outstanding Business of the Year (less than 25 employees)’ and were highly commended in the ‘App of the Year’ category. Since it was the first time the event had been held after the pandemic, the accomplishments were even sweeter. It made the win that much more special. The objective of the Dental Industry Awards is to recognise talent and to both acknowledge and celebrate those within the dental industry. It proved to our clients, partners and suppliers how dedicated we are to providing quality customer service as well as offering a seamless process throughout your experience here at WestWon.

Dental Sector:

The dental sector has seen immense growth in recent years despite the pandemic. This is in contrast with a lot of businesses, many of which didn’t survive Covid. With the growth of the dental industry now expanding, more and more clients are looking to lease. There is demand from those unable to access NHS dentistry, who realise that your practice will be the first port of call. There are also those who after several online meetings during the past couple of years, feel that they could benefit from cosmetic dentistry!

WestWon Dental website:

Along with all these changes, we have rebranded to a set logo and a new website. This website has a slightly different feel to those we have produced before. It’s adapted to the new younger generation of dentists, making it modern and vibrant. We hope that this website allows you to gain all the information you may need. If you have any questions about the website, or any finance needs, feel free to head over to the contact page or email us on [email protected].

Contact Us:

If you would like to find out more information about the new addition to the WestWon family, then please don’t hesitate to contact us. You can either email us on [email protected] or you can call us on 01494 611 456.

Once again, you can visit WestWon dental’s new website here, and welcome to WestWon Dental!

WestWon Furniture becomes Fit Out Finance!

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WestWon are proud to announce that WestWon’s Furniture division has become Fit Out Finance!

Fit Out Finance is a new UK based business focusing solely on fit outs within the leasing sector. As the furniture and fit out sector is such a large part of leasing, we thought it was only right for there to be a separate division and company in order to give our undivided attention to the amount of business there is.

Introducing Fit Out Finance

Fit Out Finance is one of the first leasing and finance companies in the UK focusing purely on the fitout sector.

Having extensive knowledge in the sector and combining that with the friendly and professional team. We are confident that they will provide an excellent service for you and your business.

Their main focus is in the office refurbishments sector. However, they also provide finance for any business in the restaurant, warehouse and retail sector. Nonetheless, with their broad knowledge, they can provide finance for most businesses in a range of different sectors. Here at Fit Out Finance, we can help you finance your fit out project from a seeding idea all the way through to successful completion and handover.

How are we related?

Fit Out Finance is a trading name of WestWon Limited. We know this will be a positive change and we are excited to expand further into the furniture and fit out sector under the name Fit Out Finance!

The sales team

One of the business development managers, Tracey, has worked in the asset finance and leasing sector for more than a decade. She is a specialist in the sector and joined WestWon in 2016. Since then,  she has dealt with a number of reputable UK fit out companies as well as hundreds of businesses financing their furniture and fit out projects.

On the other hand, business development manager Freya is fairly new to the industry. She joined WestWon in 2021 before moving over to Fit Out Finance at the start of this year. However, despite being new to the industry, she has already built strong relationships with many UK fit out companies. And we can assure you that she would be happy to help you with whatever business project you may need support with.

Why fix on Fit Out Finance?

Here is just a handful of the perks:

  • Fit Out Finance can give you a decision within 24 hours.
  • Industry leading rates starting from 2.5%.
  • With a 95% acceptance rate, they are more likely to take you in under their wing even if others have refused you.
  • They will deliver your fit out requirement with a 5* customer service.
  • They will administer you with a dedicated account manager, who will be able to provide you with a fast, professional and excellent service.

What does this mean for existing furniture and fit out customers of ours?

Most of you will probably be more familiar with WestWon. And don’t worry, with the launch of Fit Out Finance we will continue to provide you with a matched high level of professional and outstanding customer service. The only difference being our brand is now tailored to your furniture and fit out needs. In sum, besides the rebranding, there is no decisive change that will impact your relationship with us. We know this will be a positive change and we cannot wait to expand further into the furniture and fit out sector under Fit Out Finance!

Take me to the website!

Our green agenda – WestWon Woodland

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WestWon’s green agenda

Here at WestWon we are continuing to cultivate and expand our green agenda and promise to help fight climate change. From today we are launching our new scheme, WestWon Woodland.

We have teamed up with a company called Ecologi. They work with organisations like us to make it easy for businesses to contribute positively to the environment. Our scheme involves planting a tree for every month of a lease deal. Additionally, they provide a carbon offsetting service. This means Ecologi invest money into projects that remove more greenhouse gasses than our business produces. This is done through calculating their customers’ carbon emissions and planting the trees needed to neutralise those emissions. Ecologi will therefore help WestWon on our way to achieve the aim of becoming a carbon neutral company.

When starting our research to become a more sustainable company, we were doubtful as to how trustworthy some companies are. Ensuring that as a business your money is going to the right places, especially when it concerns the environment, is critical. After undertaking extensive research and speaking with their team directly, as a company we fully trust Ecologi. We appreciate their dedication to their transparency as a company. We were impressed by their paper trail of the impact they make up on their website. And we cannot wait to start our journey towards carbon neutrality with them.

Our goals

We have two goals to hit here at WestWon. Within the next five years we will have:

  • planted 100,000 trees in the WestWon Forest
  • reduced 7,500 tonnes of CO2 from the atmosphere

The benefits

Planting a tree for every month of a lease deal will indubitably create several benefits to the environment. Both around us and beyond. In an article by EarthShare, they provide 10 benefits that planting trees can produce for the economy. These include carbon sequestration, flood control and improvements in clean air. Every 100 trees contribute to around 7.5 tonnes of CO2 being removed from the atmosphere.

WestWon and its employees are becoming more eco-friendly and striving to one day grow into a carbon neutral company. It’s now your turn to do your bit for the environment.

There are a few ways in which we are doing our bit: we have recently implemented recycling bins on each floor of our offices. Meaning that now we are reducing WestWon’s overall general waste output. Additionally, as mentioned in a previous blog, we have been a paperless office for over a decade now. Also listed in this blog are ways in which you and your business can contribute to a healthier environment for us all.

How will it work?

  1. Once you have completed a lease deal with WestWon, you will be sent an email regarding the next steps of the tree planting process, which Ecologi and ourselves take care of.
  2. Once you have been sent an email, it’s time to start planting your trees in the WestWon Woodland. You can also be given updates about your trees, should you wish to receive them.
  3. And it’s as simple as that! We thank you for doing business with us. In doing so, you have helped us on our journey to becoming a business better equipped to helping the environment. We also hope you feel better about doing your bit. We hope you understand what positive impacts it will have on the climate.
  4. As an extra thank you we will be sending out certificates later on in the new year.
  5. On LinkedIn we will also be offering an incentive, so that for each post and tag you do when having received your certificate, we will be planting an extra 10 trees on your behalf!

Contact Us

If you would like more information on our green agenda then head over to our Contact Us page on our website to speak to a member of our team. Furthermore, if you would like to talk to us about getting involved then please call 01494 611 456 or email [email protected].

The launch of our sister company, Scaffold Finance!

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WestWon are proud to announce the launch of our new sister company, Scaffold Finance, based in High Wycombe. Scaffold Finance are the UK’s first and only asset finance broker solely specialising within the scaffolding industry. The company will benefit from the 8+ year’s experience from their Managing Director, Carl Redding, 6 of those spent solely focused in the scaffold sector.

Scaffold Finance Background

Scaffold Finance will help scaffolding contractors to facilitate several options. These include for instance, Scaffolding Finance, Vehicle Finance, Commercial Loans, VAT Loans and Corporation Tax Loans. This partners perfectly with our finance options here at WestWon. They can assist all scaffolding companies of any size with their finance requirements.

Carl has worked in the asset finance industry for over 8 years. He therefore has an abundance of knowledge in his line of work. Alongside contacts with scaffolding suppliers, scaffolding vehicle dealerships and scaffolding contractors, he’ll be able to help you with any query that you may have as well as find the right supplier to work with you. Alternatively, he’s happy to work with a supplier of your choice, making the process much more personal.

Hear from the Director’s themselves

WestWon Managing Director, Jeremy Hall explained “I have worked in the asset finance industry for over 30 years now, with many different companies, including scaffolders, throughout this time. Consequently, having employed Carl for 5 years through WestWon, we agreed to go into business together to set up Scaffold Finance. As a result of this, I am confident that with Carl’s experience and dedication to providing quality customer service, Scaffold Finance will no doubt succeed. He will be able to help find the best possible deal out there for you.”

Scaffold Finance Managing Director, Carl Redding added “I have worked specifically in the scaffold sector for the past 6 years, and so launching my own website has been in the works for a long time. I am delighted to be working with Jeremy and WestWon on this. This is because of our combined knowledge of the sector and the people within. With nearly 40 year’s experience within our team, we know the scaffolding industry incredibly well. If you would like to get in touch with us, please visit our website. We look forward to working with you.”

Contact Us

Above all, if you are interested in Scaffolding Finance, or any of the other options seen above, please don’t hesitate to get in touch. We would be happy to assist with any queries you may have. Give us a call on 01494 611 456 or send an email to [email protected] to find out more. Feel free to check out the Scaffold Finance website at www.scaffoldfinance.co.uk

WestWon Acquires First Leasing UK Limited

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WestWon are pleased to announce the acquisition of First Leasing UK Limited.

Not to be confused with, First Vehicle Leasing, 1st Leasing or First Leasing Software – companies with a similar name – First Leasing UK Limited was set up in 2002 by Paul Connell.

First Leasing is a leasing and asset finance broker and works with a range of well-known funders in the UK. The company does not have an own book position.

The company has a range of business loan clients and recently completed a number of CBILS loans. The majority of the client base are for companies who have leased equipment.

Speaking on behalf of WestWon, CEO Jeremy Hall noted, “We very much appreciate Paul Connell selling us his business and trusting us to look after his existing client base. Over time, we will be contacting all of their clients to introduce ourselves and to start the process of developing a longer-term relationship with them to act as their leasing company.”

First Leasing is the fourth acquisition by Jeremy Hall / WestWon this year. With regards to First leasing, in client numbers terms, this was a modest acquisition adding a few hundred customers onto what is a growing client base.

George Shillingford who is heading up the project internally at WestWon was pleased to add, “We are enthusiastic about buying either a leasing company or the IP (mainly the client base). In the case of First Leasing UK Limited, we acquired the company. We do have a specific use for this business going forward.”

We acquire leasing companies for five reasons:

  • Client portfolio
  • Employees
  • New supplier relationships
  • New funder relationships
  • End of term income

George further noted” Every acquisition is different. In the case of First Leasing, we have satisfied three of the five criteria, the company does not have incumbent staff that are staying with the business or providing funder relationships we were not already trading with.

Our primary aim is to build our end user client base. We know from over thirty years of leasing and asset finance it is ten times easier to sell back into an existing client than find a new one by cold calling. It is not just that you are a known entity, but a trusted name. It is down to the culture of the client’s business and their perception to how their business should and can be funded.”

We thank Paul Connell again for the opportunity and look forward to working with First Leasing clients and suppliers.

Should you be a leasing broker that is looking to sell your business, please contact George Shillingford at WestWon for a confidential conversation on 01494 611 456.

WestWon launches its professions division focusing on UK dentists

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WestWon launches its professions division focusing on UK dentists Over the years, WestWon have become one of the longest established leasing companies in the UK. Providing a range of options for asset finance, leasing and commercial loans including both VAT funding and corporation tax loans. Consistently looking for new opportunities and ways to expand into […]

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GroupBC Partner with WestWon Leasemaster

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GroupBC is proud to partner with WestWon Leasemaster in providing fantastic software leasing options for their customers. WestWon have extensive experience in software leasing and have been working in the sector for over 25 years. With access to a wide range of funders that specialise in software leasing, it opens the service to a variety of businesses from global corporations to new start businesses.

GroupBC’s Common Data Environment (CDE) makes it easy for teams to collaborate, manage and share documents, data, and spatial information from a central, secure cloud-based platform. GroupBC has been developing information management solutions for construction-related projects and asset owners since 1998, with customers ranging from corporations such as Balfour Beatty, Costain, Heathrow Airport, HS2, Sainsbury’s and Thames Water through to smaller architects and regional contractors.

Many company directors and even IT Managers still do not know you can finance software, however this option enables them to manage their cash flow to grow their business whilst always having the latest software at their disposal.

If you wish to find out more, simply ask GroupBC for a software quotation giving the capital cost, then WestWon Leasemaster will provide you with a free, no obligation quote.

 

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WestWon Invests in Equipment Leasing Solutions Limited

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WestWon invests in els
In the latest of a number of investments into UK leasing companies, WestWon are pleased to announce we have invested in Equipment Leasing Solutions Limited, having taken a 40% interest in the company.

Equipment Leasing Solutions Limited (ELS) is founded by Stuart McKee who has been working in leasing and asset finance for seventeen years. Stuart takes up the position of Managing Director and is a significant shareholder in the company. ELS works in three key sectors, media finance, energy and vehicle technology, including tracking and vehicle CCTV. Stuart also has a number of business technology relationships that he is keen to expand on.

ELS will be based out of the WestWon Leicester offices and has the benefit of an established support team already in place. The plan will be over time to expand the ELS sales team to increase lease penetration into these markets. Read more

WestWon Launch Leasing Calculator

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WestWon are pleased to announce the launch of leasingcalculator.co.uk, a website designed to promote the benefits of leasing to the SME community.

Speaking on behalf of the leasing calculator project, WestWon CEO Jeremy Hall noted, “Leasing calculator is the brain child of our marketing department who have then taken an idea and turned it into reality. Read more

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