Bluestone Leasing Expands With New Office in North West

Online, October 28, 2010 (Newswire.com) - Bluestone Leasing, one of the UK's largest independent leasing companies, has announced ambitious expansion plans with a new office in the North West.

The Wakefield-based company has enjoyed significant growth over the past twelve months and has seen business more than double during that period.

Bluestone Leasing Chief Executive Phillip Bennett said: "This is an exciting time for Bluestone as the company continues to witness strong growth. We have many customers in the North West and the decision to open an office in Stockport reflects our commitment to our clients in the region."

Bluestone Leasing is a specialist provider of financing solutions for professional, private and public sector organisations throughout the UK.

It specialises in technology focused asset funding including IT, telecommunications and audiovisual. Bluestone also has significant expertise in financing office furniture and fit out projects including intangibles such as installation, software, training, maintenance and consultancy.

Managing Director Vineesh Madaan said: "As bank credit has remained tight over the past 12 months we have witnessed a significant increase in demand for our services as companies and public sector organisations seek to cut their costs and manage their cash flow more effectively.

"When using Bluestone Leasing our client companies do not have to fund the initial often costly purchase of equipment, whether it is an IT system, machinery or office furniture and crucially it frees them from taking on bank debt which is still very difficult to find."

Bluestone recently acted for a corporate client looking to move into a building with no internal fittings and furnishings on a newly built business park. The client wanted to finance as much of the £500,000 refit project as they could without resorting to bank debt.

Bluestone successfully identified a funding solution that was in line with budget which allowed the client to pay the deposits on time and then draw down on the facility as the refit project progressed, secure in the knowledge that they had sufficient financing in place to fund any cost overruns.

Bluestone clients include Texaco, Thomas Cook, and other leading companies and organisations. Bluestone works with public sector clients in public sector clients in education, healthcare and local authorities.

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For further information, please contact:

Ian Green, GREEN Communications ian@greencomms.com

Editors Notes

Bluestone Leasing is one of the UK's largest independent leasing companies and a specialist provider of financing solutions for professional, private and public sector organisations throughout the UK.
The company clients include more than 1,200 resellers and 3,500 end user customers and it works with more than 20 finance houses. The company can finance transactions worth many millions down to as little as £1,000.
The company specialises in technology focused asset funding including IT, telecommunications and audiovisual. Bluestone also has significant expertise in financing office furniture and fit out projects including intangibles such as installation, software, training, maintenance and consultancy.
The company works with a wide range of organisations from small-to-medium sized enterprises to large corporate and professional companies to public sector clients in education, healthcare and local authorities.