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Syscap crowned Vendor Specialist of the Year at Leasing World Awards 2016

Syscap’s parent company Wesleyan Bank also named ‘Top Professions Funder’

5 October 2016 – Syscap has been crowned ‘Vendor Specialist of the Year’ at Leasing World’s annual awards. In a double award triumph, Syscap’s parent company Wesleyan Bank was also named ‘Top Professions Provider’ at a ceremony held at Hilton London Bankside last night.

Now in their eighth year, the Leasing World Awards are one of the finance industry’s most respected awards schemes, recognising outstanding achievements in customer service, business performance and innovation.

Syscap, the UK’s leading IT finance provider, beat off fierce competition to claim the prestigious accolade. The six-strong judging panel named Syscap the winner of the ‘Vendor Specialist of the Year’ category due to its most impressive variety of specialist vendor funding products, service support and commitment.

Syscap has built an enviable reputation for developing tailored financial solutions for IT software vendors, resellers and distributors for over 25 years. In June, the company launched its enhanced Partner Portal to assist vendors to close more deals using the company’s finance facilities to support the strengthening of its partner incentive programme. This has coincided with a one-third increase in more partners registering to use the portal compared to 2015.

Syscap has also developed ten new specialist products this year to help vendors to alleviate cash flow concerns, drive incremental revenue for their partners and increase customer retention levels. More recently, the company has bolstered its senior management team following the appointment of Paul Hansen as Head of Channel Sales.

Phillip White, Managing Director of Syscap and Commercial Director for Wesleyan Bank, comments, “We are delighted to win two prestigious industry awards in one night, beating strong competition in the process. Our collective achievements further serve to highlight the strides the whole team has made since the integration between Syscap and Wesleyan Bank was completed in April.

“We will continue to put the IT finance needs of our partners first through our comprehensive payment over time products, which help to bring versatility and clarity to vendors’ sales processes and their customers’ investment programmes.”

Syscap’s software vendor partners include Autodesk, Infor and Sage. The company is a wholly owned subsidiary of Wesleyan Bank which is part of the specialist mutual finance services provider, Wesleyan Group. The combined division of Wesleyan Bank and Syscap offers tailored commercial and personal banking solutions to over 22,500 customers under two distinctive brands.