Lease Group was founded by James Phillips and Simon Fabb. With over two decades experience of establishing, running and selling technology businesses, they came together in 2014 to form version 1.0 of Lease Group.
Spearheaded by the wholesale changes to they way mobile network operators remunerate suppliers, founders James and Simon constructed the first mobile phone leasing proposition to help independent dealers overcome the cash-flow challenges brought about by these network operator commission structures.
Coupled with their 20+ year experience of telecoms and financial accounting, Lease Telecom launched in partnership with globally renowned asset finance institutes to make leasing the ‘smarter method’ of purchasing and selling smartphones in the commercial sector.
Not willing to settle for anything less than extraordinary, James and Simon tore up the traditional leasing and asset finance rule book – and disrupted the market. Competitors have been trying to play catch-up ever since.
Understanding the nuances of traditional banking and the overcomplication that existed in the market, our Founders developed the first white-labelled online leasing platform and invited suppliers from multiple sectors to sell their products and solutions on a simple, finance-first basis.
Customers quickly grew to enjoy the speed and simplicity at which they could upgrade their business-critical technologies, without the large capital outlays.
Suppliers (“Partners”, to us), were able to scale their operations, increase their conversion rates and boost their cash-flow, with little disruption to existing sales processes.
Today, Lease Group supports over 1,000 Partners in the telecoms, IT, AV, energy, healthcare and leisure sectors with equipment finance that runs like clock-work.