Westcoast has signed a partnership agreement with telecoms finance specialist Lease Telecom opening the door for the IT distributor to offer its resellers a raft of new financial solutions. Darren Seward Head of Mobility, Westcoast, said: “They [Lease Telecom] have an unsurpassed track record in creating robust leasing solutions for their own telecom partners. Teaming...Read More
Consumers used to buying their new smart phones from phone service providers are finding new options are now available as companies in Europe break with traditional purchasing methods in a bid to increase profits. The popular subsidy plan – where a buyer gets a heavily subsidised handset after an upfront payment that is later topped...Read More
Resellers are using smartphone leasing to compete with UK networks for business contracts, Lease Telecom has told Mobile. Founder Simon Fabb said leasing was an attractive option for resellers as rising hardware prices make it tougher to compete against larger players. The company works with banks to provide finance to mobile dealers who then lease...Read More
New figures released by the Finance & Leasing Association (FLA) show growth in asset finance new business (primarily leasing and hire purchase) of 12% in 2015 – the market’s second consecutive year of double-digit growth. The value of new business in December 2015 was up by 18% compared with the same month in 2014. New...Read More
Telecoms financing company Lease Telecom announces its collaboration with EE handset and airtime distributor, Mainline. The partnership was sealed prior to Mainline’s autumn conference, and is a move that will offer Mainline partners a fast and risk-free approach to funding smart devices. “We are delighted to be able to offer Mainline and its partners an avenue for financing their...Read More
In a piece in CityA.M. in the Entrepreneurs Section, Mike Francis, head of Asset Finance at Investec is dismayed that the High Street banks don’t have the confidence to lend SMEs the money they need, so business owners end up trying to fund their companies’ growth on overdrafts and credit cards, storing up trouble for...Read More
