UK’s leading IT finance specialist is changing its name to Wesleyan Bank
The move, which takes effect from 1 January 2018, will enable us to unify our company operations under one brand and offer a simplified customer experience, which has been welcomed by our vendor partners and staff alike.
Since acquiring Syscap Ltd in February 2015, Wesleyan Bank’s success has seen it double its net lending to UK businesses. As a subsidiary of specialist financial services mutual Wesleyan Assurance Society which has £7 billion of assets under management, Wesleyan Bank can offer more comprehensive products and services to the vendor channel.
This includes traditional end user sales finance to overcome budget objections and drive other buyer behaviour, from transitioning to Software-as-a-Service models or encouraging customers to lock into longer term support and maintenance contracts. Wesleyan Bank can also help vendors to grow their own businesses through its extensive range of funding, credit and direct management solutions to support their working capital, in addition to providing complementary commercial insurance and protection products.
With a clear understanding of the unique challenges and opportunities facing the vendor community, we are ideally positioned to provide an unrivalled depth of industry knowledge and support to our partners and their resellers to achieve profitable growth in 2018 and beyond.
Thank you for your continued support.