The Federation of Small Businesses (FSB) has reported that two thirds of small firms expect to grow in the next 12 months and one in four plan to increase the amount of investment in their business. This national picture is also being born out locally in Worcestershire, where WestWon Limited is helping organisations of all sizes to achieve their growth plans through tax efficient lease agreements.

As a largely rural area, Worcestershire is home to countless food and drink producers, including makers of wine, real ale, cider and perry, as well as organic foods including meat, farm produce and cheese. These are the types of small businesses that form the bedrock of the local economy and Worcestershire’s location in the heart of England and excellent transport links also make the county extremely accessible for both business and pleasure. Birmingham International Airport is nearby and Worcestershire also has excellent road links to the major motorways (M5, M6, M40, M42, M50).

One of the fastest growing and most popular ways for businesses in Worcestershire to finance their investment in equipment and technology is through a lease agreement. Leasing allows all sorts of retailers, manufacturers, doctors, dentists, opticians, hotels, health clubs, restaurants and food production companies in the county to easily upgrade technology and avoid equipment obsolescence.

As well as the ability to frequently update specialist equipment without tying up available cash, a leasing scheme can offer considerable tax benefits. 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 and even maintenance agreements. Any combination of equipment and technology can be chosen from multiple suppliers for a single lease agreement.

With over 10 years of experience in serving businesses in the Worcestershire area providing great rate leasing deals in towns like Bromsgrove, Kidderminster, Malvern, Redditch and Worcester. WestWon is a leasing company that possesses valuable local knowledge to help companies find the right leasing solution for their particular business and has a comprehensive list of local leasing suppliers and partners. In fact, WestWon has over 180 local leasing partner manufacturers and suppliers throughout the county of Worcestershire, including nearly 40 in Redditch and 40 in Worcester, and works with many of the 330 schools in the area as well to provide iPads and tablets for education.

WestWon Limited can provide asset finance solutions for a variety of organisations in Worcestershire. For more information, download the Essential Guide to Leasing for Business.