Yo Telecom

Background

Entrepreneur Ryan O’Carroll, 24 and fellow director Nathan Hanslip, 25, launched the award-winning business in April 2013, fresh from university and in the last 4 years, they’ve grown from 2 to 60 employees, with over 1,000 customers nationwide.

The Problem

At Yo Telecom, their purpose is simple: to help businesses increase their success. Yo is a fresh approach to telecoms, providing not just a phone line, but a full-scale communications solution to their customers.

However, for many small businesses, investment in telephony can't just be an essential decision, but a financially significant one, making payment flexibility vital.

The Solution

Yo Telecom embraced vendor finance as an option from day one, giving them a competitive edge and something that their customers welcomed.

With no capital outlay upfront and the ability to spread the cost of purchase, the White Oak UK Partner Programme made it much easier for their customers to purchase from them using asset finance.

Delivered through our Partner Programme, White Oak UK's Technology Leasing Solution is a highly competitive, flexible and familiar fixed-term finance lease solution that removes bureaucracy and gives Yo Telecom increased sales and customer retention.

The Result

Yo Telecom are growing at a rapid rate and the ability to offer an asset finance option to their clients through the White Oak UK Partner Programme, continues to aid this growth. They were awarded SIEMENS (Unify) Fastest Growing Partner, globally in both 2015 and 2016, and were also named SIEMENS Fastest Growing Partner in 2017.

As Ryan O’Carroll explains, “We’re in the business of WOWing our customers and currently, we provide services to over 1,000 businesses nationwide, spanning a broad mix of well-known, big brands and smaller businesses across many industries.”

“Over the next three years, our mission is to build on this, increasing our customer base to 15,000 customers by 2020. In mid-2018, we will open a second UK office in the North and in 2020, we will likely extend operations into the US, helping businesses across the globe is absolutely the mission possible and we’re excited about the direction of travel.”