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

Equipment Leasing Calculator

1. For enquiries over £100,000, please contact us directly on 01494 611 456.

2. The rental price indicated is for general guidance and is subject to credit approval.

3. Business users only.

Equipment Leasing for Business

WestWon has a wealth of knowledge and experience in funding a range of equipment. If it “leaks oil” or has a “plug attached” to it, the chances are we can fund it.

When leasing equipment in the commercial environment, there are situations where WestWon can put a “residual value” into the lease, thus offering what is known as an “operating lease.”

Operating leases, where the finance company will take risk should you wish to return the equipment at the end of the lease period, means that the lease repayments are lower than a “full payout” finance lease.

Please note, the new IFRS 16 standard on leasing comes into effect on the 1^stJanuary 2019, hence this may have an impact on what is the best option for your organisation. WestWon can explain the implications about this.

Benefits of Equipment Leasing

Cash flow
You will be able to keep funds in your business to be used elsewhere
Alternative funding lines
No need to use up an existing bank facility
VAT
On rental agreements VAT is paid in the rental, not in full and upfront

Pay for the equipment as you use it
Companies pay employees over time as they work, so why pay all the cost for equipment in advance?
The latest equipment
Always have the latest equipment at your disposal by implementing a recycling strategy, whereby you replace equipment at the end of the lease term
Tax planning
Using a lease rental agreement, 100% of your rental is deductible against your companies corporation tax

Equipment leasing available:

The range of equipment leasing is too vast to mention, so we have detailed a number of examples of leases we have done in the past:

Equipment
Pick and Place LLX Machine
Cybertronics Automated Optical Inspection System
Servo 450LV Press Station
Faro Measuring Device
Rotary Screw Compressor
Wood Express Cutting Machine
AOI Scan Inspection System
Soldering Machine

Cost
£57,000.00
£82,000.00
£55,000.00
£22,000.00
£18,000.00
£8,000.00
£10,000.00
£12,000.00

Equipment Lease example

WestWon Leasing and asset finance for Equipment

Company
Loan Value
Term
Repayment
Rationale

Geo-Environmental and ground investigation specialist
£30,239.10
36 months
£1,002.10 per month
“We use it every month, we will pay for it every month”

Blog

All/Engineering Equipment Leasing/General

May 4, 2018/by Scott Rogers

Contact Us

Call us on 01494 611 456 for further information