Manufacturing Lease 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.

Manufacturing Finance

With the costs of manufacturing and production lines ever-increasing and the technology involved in making a more efficient and successful workplace always evolving, keeping up with the latest in machinery can be an essential requirement for manufacturing businesses. From AI-led mechanisms to next-generation manufacturing techniques, choosing to finance your manufacturing business can open the door for future projects.

Why choose finance for your manufacturing business?

With experience across hundreds of different specialised industries, WestWon has the expertise you need to scale your business to new heights. Our top industry-leading rates, in combination with our unique approach to supplier relationships, means we can do all the legwork for you. With over 50 UK funders, when you choose WestWon for your financing you know you’re choosing a company that you can trust.

Few industries are as reliant on expensive, complex machinery and equipment as manufacturing. Requiring maintenance often on a daily basis, as well as supervision and updating to match the requirements of products and item creation, the up-front cost of bringing in new machinery can often leave manufacturing plants or businesses several years behind the curve.

If you’re looking to finance the addition of new technology into your manufacturing business or to find out more about what WestWon can offer you, get in contact with us today.

Benefits of Manufacturing Finance

  • Cash flow

    You will be able to keep funds in your business to be used elsewhere

  • Alternative lines of funding

    You don’t have to use up a bank facility you already have

  • VAT

    On rental agreements, the VAT is included in the rental, not in a lump sum

  • Pay for the equipment as you use it

    Companies pay employees over time as they work, so why pay all the cost for your manufacturing equipment in advance?

  • The latest equipment

    Always have the latest machinery 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

The Manufacturing Finance Process

WestWon - The leasing process - customer NEW

Manufacturing Equipment Leasing example

cnc machine
  • Company
  • Lease Value
  • Term
  • Repayment
  • Rationale
  • A global design agency with 18 offices throughout the world
  • £41,145 + VAT
  • 36 months
  • £14,161.25 + VAT per quarter
  • Financing a Harrison Alpha 1350 XS Manual/CNC Lathe

The Manufacturing Sector and Further Benefits of Financing

When it comes to deciding on the addition of new, profitable machinery, or upgrading existing technologies, financing provides the ideal way to ensure your business has everything your clients need to get the job done, with no delay. By choosing to spread the cost of machinery, which is often high-value and high-profit, with a month-to-month fee structure, staying ahead of the competition is far more achievable
.

Whether you’re looking to introduce new methods of manufacturing to your facility, expand on what you can produce or replace existing machinery, choosing finance opens the door to limitless opportunities when it comes to remaining on the cutting edge of your industry. The frequent, reduced cost of investment ensures that you’re not left with a hefty bill in just one month or quarter, keeping your budget lower and more consistent.

The benefits of finance for a manufacturing business

In an industry where new technology is continually being developed and introduced, from 3D printing techniques through to expansions on existing manufacturing procedures or routines, staying up to date is key to running a successful, profitable manufacturing business. Not only does newer and more appropriate machinery benefit your budget, it also ensures your employees are safer with equipment that goes above and beyond regulatory standards.

When it comes to mass-producing items or products, or even creating short runs of a particular material or product, consistency is key to producing something your clients will love. By purchasing up-to-date machines through finance, you can ensure that the quality of the things you provide is up to the standard you’re proud of, by performing as well as possible.

For special projects and the creation of complex or challenging products, the addition of specialised and often expensive equipment may be required to meet the needs and functionality for manufacture. Finance can enable your business to take on these often profitable and prestigious projects without the significant up-front investment – allowing you to profit sooner and for longer.

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The Financial Conduct Authority (FCA) regulates financial services in the UK and you can check this on the Consumer Credit Register by visiting the FCA’s website here or by contacting the FCA on 0800 111 6768. WestWon Limited are all credit brokers not lenders. WestWon companies deals with a range of lenders. All WestWon companies hold a current Data Protection Licence and are registered for VAT. These details, together with our policy on Treating Customers Fairly, Complaints Policy and address details are held under our Get in Touch page.
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