Software finance may not be at the forefront of many company directors and even IT Managers minds. There are some sensible reasons for them to not be aware and to think like this.
Companies do not buy software, they purchase a licence to use the software, for a pre-agreed period of time or forever. Software authors such as Microsoft or Sage only grant us a licence to use their software as they own the source code and intellectual property in it. Finance companies need to “own” the asset that they then rent out to customers. Clearly, they cannot own the software asset as all they are buying is a licence.
However, we do lease computer software and have done for nearly thirty years. Working with a range of finance companies that are comfortable financing software to end user companies.
1. For software leasing 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.
Financing Stock Software
Established family run plant nursery in Essex needed assistance to manage their stock levels. Leasing stock software was their solution.
Financing Accounting Software
Leading infrastructure contractor based in Manchester chose to finance through WestWon as they can facilitate not only software only finance deals, but could also include an element of consultancy, implementation and training costs.
Software suppliers and authors looking to offer finance to customers
If you are a software supplier and wish to finance software to your customers, then we can help. Here at WestWon we already work alongside many software companies that have either written their own software or resell third party software such as Microsoft or Sage. Check out our partner page HERE!
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