Siemens Financial Services scoops three awards at WestWon Kick Start Event

WestWon CEO Jeremy Hall said “On behalf of the WestWon and WestWon Leasemaster team, we’d like to pass our congratulations to Siemens Financial Services for scooping three of the five awards.

Westwon’s yearly ‘Kick Start Meeting’ sadly did not take place on January 4th due to Covid restrictions and even when we did manage to hold the Kick Start event, it was in the virtual world as opposed to us descending onto a local conference centre for the day.

This event is an important part of our yearly calendar, setting the scene for the coming year. Along with most other companies, the agenda this year was slightly different. One new section that we launched was our ‘Funder Awards.’

Five awards were given out:

• Key Funder for 2020.
• Biggest funder by number of deals written.
• Biggest funder by volume of business (this is the £’s value of leasing we did).
• Rising star award (which funder has made the biggest advances with our company in 2020).
• Most helpful individual at a funder.

Our Key Funder award

With the ‘Key Funder’ award, we rated our funders on eight separate criteria such as speed of underwriting, pricing, quality of service, documentation and admin fees, electronic documentation etc. We applied a weighting to each of these criteria to give an overall score. Siemens Financial Services came first.

When looking at our ‘Biggest Funder by Number of Deals Written’ award, this was a much easier process to work out first, second and third place. Again, Siemens won. It illustrates that more business will go to a funder that services our customers, suppliers and our needs best.

During 2020, we wrote business with 31 separate funders out of a panel of fifty plus finance companies we can deal with. We worked out, that we spoke to / liaised with 101 different people at these 31 funders in the year. Our team then voted on the ‘Most Helpful Individual at a Funder’ in 2020. Whilst we feel it not appropriate to say who he or she is (just in case this person is poached by anther funder!) However, we can confirm this individual does again work for Siemens Financial Services.

We would like to emphasise that all of our funders are very important to us. We are lucky to have a very diverse funding panel offering funding for a range of assets and businesses. WestWon trust and hope that the relationship we have with all their employees is positive and friendly. Therefore, we applaud Siemens. And we would also like to say thank you to all the companies and individuals that we speak to and work with and thank them for being an important part of our business.

On a final note, I suppose the key question will be ‘who will win these awards in 2021?”