Tag Archive for: local leasing company

Isle of Wight Businesses Use Local Leasing Companies To Finance Growth Plans Without Compromising Cash Flow

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The ONS figures for UK GDP published recently show the UK economy growing at 0.8% over quarter one, some 3.1% higher than this time last year. This is being reflected in the local economy in South Hampshire and the Isle of Wight, where confidence amongst local businesses is returning.

Since 2008, the region has witnessed strong private sector jobs growth driven by the development of more knowledge based industries and advanced manufacturing. Other thriving sectors include marine, aerospace and logistics. Tourism is also a vital feature of the area with events such as Cowes Week.

Cash flow, however, remains a concern among the local business community. This is where leasing is offering companies, particularly SMEs, a flexible and tax efficient solution. With highly competitive interest rates and agreements, there is no doubt that leasing is an advantageous alternative to buying new equipment and assets. What is more, almost any type of equipment can be considered for leasing, from IT equipment and office furniture to manufacturing equipment and medical technology.

Leasing enables the cost of equipment to be spread over a fixed period of time – typically two to five years through a series of contractual, tax deductible payments. This leaves funds available to reinvest elsewhere in the business or to cover unexpected costs that may arise. In addition, leasing offers the flexibility to acquire the latest equipment a business requires straight away or quickly respond to an opportunity in the market. Businesses can upgrade or expand their resources easily, as and when the need arises.

Some of the most popular types of equipment leased in the region are:

  • IT equipment (e.g. computers, tablets, printers)
  • IT Software
  • Engineering equipment
  • Office furniture
  • Scientific and medical technology
  • Catering equipment
  • Industrial machinery
  • Hairdressing and beauty equipment
  • Sports and leisure equipment
  • Processing and packaging machines
  • Retail equipment
  • Manufacturing equipment (e.g. cutting machines, injection moulding systems)
  • CCTV and security systems
  • Scaffolding and construction equipment
  • Waste and recycling equipment

 

WestWon Limited has experience of working with organisations in the private and public sector in the Isle of Wight, helping them source manufacturers and equipment as well as arranging flexible lease agreements. The company is well placed to provide businesses with a tailored local service with 12 partners and suppliers in the area, which includes 5 in Newport, 4 in Ryde and others in Sandown and Ventnor.

For more advice on leasing, download your free Essential Guide to Leasing for Business.

 

Local Leasing Company Helps Businesses In Kent Blossom

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Known as the garden of England, Kent is perhaps unsurprisingly the most populated county in the country with 1.68 million people. With its excellent connections to London and mainland Europe, it is also the location of choice for a wide range of world class companies such as Pfizer and Hitachi as well as a host of SMEs.

With the recent increase and extension of the Annual Investment Allowance (AIA), medium-sized businesses in Kent and across the UK are increasing or bringing forward their capital investments in technology and machinery to drive growth and stay at ahead of their competitors.

This is where leasing has an important role to play, by providing businesses with the opportunity to pay for these assets as they use them and keep vital lines of credit free.

In terms of technology, IT equipment can become out of date in just three to four years. With a lease agreement, equipment can be added or upgraded without having to repurchase, so a business can always have the most cutting-edge hardware and software.

Many businesses find leasing advantageous from a budgeting standpoint as switching from outright purchase to a lease agreement changes how the equipment is accounted for. Leasing enables the equipment needed to be paid for over a fixed period of time, which helps spread the cost. Plus, with an operating lease, rental payments are an allowable business expense that can be set against profit – thereby potentially reducing your tax bill.

A wide range of equipment, from IT hardware and catering equipment to packaging machines and medical technology, is being leased by Kent businesses. Other leasing options include general office equipment such as furniture, photocopiers, IT software and security systems. In fact, almost any type of tangible equipment can be considered for leasing.

WestWon Limited has experience of working with organisations in the private and public sector across Kent, helping them source manufacturers and equipment as well as arranging flexible lease agreements. The company is well placed to provide businesses with a tailored local service with 645 partners and suppliers in the area, which includes 33 in Ashford, 34 in Bromley, 45 in Maidstone, 37 in Rochester and 35 in Sevenoaks.

For more advice on leasing, download your free Essential Guide to Local Leasing for Business.

 

 

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Leasing helps businesses in Kent blossom #kent #leasing #equipment

All Liverpool Businesses Need Is Local Leasing

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As well as producing one of the biggest pop bands in history, Merseyside is home to over 38,000 VAT registered businesses, worth £25.3bn to the UK economy. The region has experienced a remarkable renaissance over the past decade, with its economy outperforming the rest of the UK during this time.

To cement its position as a thriving hub for business, from world leading multinationals to innovative new start-ups, Liverpool recently hosted the International Festival for Business (IFB). The largest international business event in the world in 2014, the festival connected UK business growth into international markets and attracted some 250,000 visitors from over 125 countries.

As a well established local leasing company, WestWon Limited also has a strong presence in Merseyside and has successfully arranged many local lease agreements for a variety of businesses in the area. With 169 partners and suppliers across the region, which includes 78 in Liverpool, 21 in Southport, 12 in St Helens, 18 in Wirral and 7 in Ellesmere Port, the company can offer businesses a tailored local service as well as highly competitive rates.

Leasing not only allows businesses to improve performance by acquiring the latest technology without tying up capital or existing lines of credit, but it also protects against future obsolescence – a major issue for IT and computing equipment. Plus, leasing payments offer considerable tax benefits and can even be tailored to match a businesses seasonal cash flow.

Unlike buying, leasing means Merseyside businesses can pay for an asset as they use it. After an initial payment, a business can start benefiting from the equipment straight away and spread the cost over its useful life.

Some of the most popular types of equipment leased in the region are:

  • IT equipment (e.g. computers, tablets, printers)
  • IT software
  • Office furniture
  • Scientific and medical technology
  • Catering equipment
  • Industrial machinery
  • Hairdressing and beauty equipment
  • Sports and leisure equipment
  • Processing and packaging machines
  • Retail equipment
  • Manufacturing equipment (e.g. cutting machines, injection moulding systems)
  • CCTV and security systems
  • Scaffolding and construction equipment
  • Waste and recycling equipment

For more advice on leasing and selecting a reputable leasing partner, download your free Essential Guide to Leasing for Business.

 

Leasing In Tyne and Wear Supports Local Economic Growth

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ONS figures for UK GDP published at the end of April 2014 show the UK economy growing at 0.8% over quarter one, some 3.1% higher than this time last year. This is being reflected in the local economy in Tyne and Wear  and local towns in the area such as Gateshead, Newcastle-upon-Tyne, North Shields, Sunderland, Washington where confidence amongst local businesses is returning.

On the back of recent amendments to the AIA, businesses in the region of Tyne and Wear are increasing or bringing forward their capital investments in equipment and machinery to drive growth and increase productivity and throughout the local region are increasingly recognising the benefits of leasing to finance these investments. With a strong presence in Tyne and Wear, leading leasing company WestWon  has a wide network of 140 local leasing finance partners and has successfully arranged lease agreements for many businesses in the county.

Using a local leasing company not only allows businesses to improve performance by acquiring the latest technology without tying up capital or existing lines of credit, but it also protects against future obsolescence – a major issue for IT and computing equipment. It also helps start up businesses such as gyms and catering establishments  – coffee shops, restaurants, takeaways – to acquire essential equipment fast, Plus, leasing payments offer considerable tax benefits and can even be tailored to match businesses’ seasonal cash flow.

Working in partnership with businesses, WestWon Limited can arrange a highly competitive lease agreement for a wide range of equipment from IT hardware and software or office furniture to catering equipment as well as essential insurance cover. Indeed, WestWon has recently completed many local leasing agreements in the Tyne and Wear area.

Unlike buying, leasing means you can pay as you use. After an initial payment, you can start benefiting from the equipment straight away and spread the cost over its useful life, so you can be paying for the asset with the income it generates.

Some of the most popular types of equipment leased are:

  • IT equipment (e.g. computers, tablets, printers)
  • IT Software
  • Engineering equipment
  • Office furniture
  • Scientific and medical technology
  • Catering equipment
  • Industrial machinery
  • Hairdressing and beauty equipment
  • Sports and leisure equipment
  • Processing and packaging machines
  • Retail equipment
  • Manufacturing equipment (e.g. cutting machines, injection moulding systems)
  • CCTV and security systems
  • Scaffolding and construction equipment
  • Waste and recycling equipment

In fact, almost any type of tangible equipment can be considered for leasing. This can even include hardware, software and maintenance agreements. You can also source equipment from multiple suppliers.

The company has many years’ experience working with organisations in the private and public sector in Wiltshire, including a large number of the near on 450 schools in the region, helping them source manufacturers and equipment or provide information and quotes on various options.

For more advice on leasing and selecting a reputable leasing partner, download your free Essential Guide to Leasing for Business.

 

Tailored Local Leasing Agreements Help Cumbrian Companies Thrive

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England’s second largest county, Cumbria, boasts a thriving local economy and a rich variety of businesses, from international corporations to SMEs. Indeed, Carlisle boasts a vibrant mix of industry sectors, from logistics to retail and tourism, while Barrow-in-Furness is home to specialist manufacturers, energy industries and software engineers.

As the economy starts to pick up, more and more companies throughout the county are increasingly investing in capital equipment to drive their businesses forward with the help of  leasing solutions provided by local leasing companies.

Equipment leasing is one of the fastest growing and most popular ways for businesses in Cumbria to finance their investment in technology. Leasing allows all sorts of retailers, manufacturers, laboratories, opticians, health clubs, restaurants and construction companies in the county of Cumbria to easily upgrade technology and avoid equipment obsolescence.

From IT equipment or medical technology to an entire office refurbishment, a wide range of specialist equipment can be leased as well as entire projects. Other lease options include furniture, computers, security systems, manufacturing systems and even maintenance agreements. In fact, almost any type of tangible equipment can be considered for leasing. Equipment can also be sourced from multiple suppliers.

If essential equipment needs replacing urgently, leasing can offer a fast and efficient solution to keep a business going and avoid any loss of revenue. Arranging a lease is usually very straightforward. In fact, arranging a lease agreement can be less complicated than applying for a loan. It can also offer considerable tax benefits.

With years of experience in serving businesses in Cumbria, WestWon possesses valuable local knowledge to help Cumbrian companies find the right leasing solution for their particular business and has a comprehensive list of local suppliers. In fact, WestWon has over 65 partner manufacturers and suppliers throughout Cumbria, including 14 in Carlisle, 8 in Kendal, 8 in Penrith and 5 in Windmere. WestWon Education also offers specialist education lease funding for the 332 schools in the region.

For more advice on leasing, download your free Essential Guide to Leasing for Business.

 

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