If you are running a start-up business, you will be all too aware of the importance of having access to sufficient funds and how cash flow can often become a precarious balancing act. Starting a company is never easy, and it can be difficult to build revenue while also investing in the assets that you need to grow.
At WestWon, we are highly experienced in helping match new businesses with the right lenders and have provided finance and leasing for a wide range of start-up businesses. We understand that it can sometimes be difficult for new businesses to obtain credit. The good news is that we can use our unrivalled network to scope out the most suitable lender for you, using our access to over 50 UK based funders.
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
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 equipment in advance?
The latest equipment
Always have the latest technology at your disposal by implementing a recycling strategy, whereby you replace equipment at the end of the lease term
Using a lease rental agreement, 100% of your rental is deductible against your companies corporation tax
New Business Finance UK Leasing example
A new start takeaway
£51,785 + VAT
£1,861.67 + VAT per month
Financing of a full kitchen solution including bespoke canopy extraction system, natural gas cookers, counters, sinks and installation
Free Up Cash In Your Business
Applying for finance as a new business is a great way to free up cash in your business, or to keep your available credit free. You may have an overdraft on your business bank account, or access to cash on your corporate credit cards. However, why spend that cash if you are able to obtain access to assets through a new business finance agreement? Many businesses, particularly small or new enterprises, instead choose to keep this cash free in case of emergencies or to invest in the growth of the company.
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