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Westcoast partners with Lease Telecom to offer financing solutions

Alex Yau
August 12, 2016

Partners will also be able to access Lease Telecom’s finance portal as well as specialised training

Westcoast has partnered up with Lease Telecom to offer financing services to its customer base.

The Reading-based distributor claimed the new service will offer its partners ‘fast payments and low interest rates’ on various mobile products.

Hove-based Lease Telecom has over 100 partners, with others including Mainline and Swiftnet. Partners can take out finance from Lease to pay for mobile and IT equipment in instalments.

Finance and leasing solutions have become more common as upfront costs for handsets have risen over the years. Both options allow resellers to split these otherwise expensive costs over monthly payments. Interest rates are often added on top.

Westcoast’s customers will be able to access Lease’s finance portal, an online tool which will allow them to get quotes on and take out finance for equipment. The company had previously partnered up with Shire Leasing in July last year to offer similar financial services.

Head of mobility Darren Seward (pictured right) said: “Lease Telecom are a leading telecoms finance provider in the UK. Teaming up with them means we can now offer our resellers some outstanding and truly progressive finance options across handsets, mobile device management, lifecycle services and much, much more.”

Lease Telecom director Simon Fabb (pictured left) added: “We are delighted to partner with such a heavyweight in distribution. The agreement means we can engage with a much broader spectrum of partners and widen the range of technologies we finance.”

Mobile News has contacted Westcoast for more information.

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