WestWon CEO Jeremy Hall

Leasing & Finance for business
How can a lease help my business?

Thank you for taking an interest in WestWon. Our senior management team each have over twenty five years’ experience in leasing & finance for business. It is fair to say we have the knowledge and experience to comment on how leasing can help your organisation.

95% of companies in the UK, at some time in their life cycle will acquire equipment or cars and pay for them via a lease arrangement. And it’s not just the new start companies requiring cash flow for a project that will use leasing & finance for business equipment, we work with some of the UK’s largest companies who implement a leasing strategy in their business.

Some of the key reasons our customers will lease equipment:

Leasing & Finance for business

  • Cash flow

    Allowing you to keep funds in your business for other uses

  • 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

  • Tax planning

    Using a lease purchase agreement, if your investment in assets in one year is £200,000 or under, subject to some HMRC conditions, this expenditure can be fully offset against Corporation Tax. Therefore for many customers, a lease rental is a great solution as all rental repayments are allowable against Corporation Tax

  • Repayment

    A lease repayment covers the cost of the equipment and interest. This makes internal allocation of costs very easy for those companies wishing to divide the cost by headcount, department or even square footage

  • Budgeting

    It’s easy to budget for a fixed rental payment over a three or five year term

  • Pay for the equipment as you use it

    Would you pay a new employee three years’ salary in advance, probably not. So why pay for their desk, computer or car in advance?

  • Obsolescence

    Under the WEEE directive, you have an obligation to dispose of certain assets in an environmentally friendly way. If you rent the equipment, you can just hand it back at the end of the rental term.

See the Assets we can Finance
Call us today on 01494 611 456

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hello@westwon.co.uk

01494 611 456

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