[shine services]

Hi,
i have been thinking of leasing a porty but all companys I have spoken to say i must own my own home, which i do not!
Is there any way around this?
(Getting a morgage isnt an option lol)

[Steve Barnett (Carpet Care Plus)]

They are talking cobblers !

Speak to Glin at Oxford Funding

http://www.thefundingco.co.uk/


Steve

[robert meldrum]

Agree with Steve I leased my first Ninja about 10 years ago through this company.

[happy mondays]

They are talking cobblers !

Speak to Glin at Oxford Funding

http://www.thefundingco.co.uk/


Steve

In my own opinion Steves correct, their is always a company somewhere that will fund a new or struggling business, this may very well come at a premium % interest rate, but not having any assets shouldnt be a problem in leasing equipment or vehicles. Ive looked at the link/website Steve has posted, take his advice and have a chat to them on Monday, you have nothing to lose.  If you do/dont get sorted please post an update.    

[ryan mca]

You could also try 0% on credit card then switch balance if  not cleared in time  to 0% balance transfer only charge would be for transfer of balance

[shine services]

Thanks for the info guys. I will get on to it and post a update

[robert meldrum]

Derek

The leasing deal has nothing to do with a struggling business it's standard practice to lease equipment when tax efficient to do so. Unfortunately the current government keeps moving the goalposts making it more difficult for all business instead of assisting fledgling businesses.

[derek west]

bob

seriously, its not me. ask roger peach.

[Ian Gourlay]

I was thinking of getting a new machine last year.

Martin at Ashbys said you could only get one on lease is if you own your own home.

Not a problem.

But as far as I am concern the interest rates they actually charge the leasing company should only claim back machine

I know thats not case but thats the way it should be

And if you are proven to be frudlent send you to prison for obtaining money by deception.

[happy mondays]

Derek

The leasing deal has nothing to do with a struggling business it's standard practice to lease equipment when tax efficient to do so. Unfortunately the current government keeps moving the goalposts making it more difficult for all business instead of assisting fledgling businesses.

That was me 

Hi Robert, I wasnt meaning leasing isnt a good option, I was just pointing out that you dont have to have £mills in the bank or own property to do it, but as has been pointed out, some companys will not fund the lease for a new buisness, or one that has fallen on bad times. However if anyone struggles to find the funds for a new machine, their is always usually someone who will help, but this may incur higher % interest charges.   

[clinton]

Let the real slim shady oops mean derek stand up

[happy mondays]

Let the real slim shady oops mean derek stand up

Shady?   :

 

[terrymaloy]

Extracta products do a leasing scheme on portys to established businesses.
I have an Extracta machine myself and have no complaints.

www.extracta.co.uk 

[happy mondays]

Extracta products do a leasing scheme on portys to established businesses.
I have an Extracta machine myself and have no complaints.

www.extracta.co.uk 

Hi Terry, it isnt extracta funding it and waiting for the £'s, most companys who sell machines offer this option, but they all get paid in full from the finance company.  The leasing/finance agreement is with these companys.

[robert meldrum]

As Derek says, your purchase is being funded by a lender who will obviously need to add interest which is what happens with your house, your cars / vans, etc.

Very few will pay out £3k or so when there's no discount incentive and the £3k could be earning £'s for the business through marketing, adding expertise or whatever.

You might get a better financial deal these days from another source than the leasing companies, worth looking into, eg, your bank / building society.

[happy mondays]

As Derek says, your purchase is being funded by a lender who will obviously need to add interest which is what happens with your house, your cars / vans, etc.

Very few will pay out £3k or so when there's no discount incentive and the £3k could be earning £'s for the business through marketing, adding expertise or whatever.

You might get a better financial deal these days from another source than the leasing companies, worth looking into, eg, your bank / building society.

Hi John....  sorry Rob,  good post.

Regards,

Paul

[Doctor Carpet (Ret'd)]

Class.

Who wasn't paying attention to my talk on this very subject at Carpex?

That'll "lern yer" for not attending the UK's biggest carpet cleaning exhibition.

Mr West I'm awarding you full marks for your homework, and a gold star. Go to the top of the form.

[ianharper]

Hi

don't do it, get a secondhand ninja.

say you go into a shop to buy something and you look at the price tag and you think that's OK price. you got to pay for it and they add another big percentage on that price you would be Ped off. that's leasing.

why pay more for something? don't forget it will devalue as soon as you have it and every year after.

keep your overheads low it will give you more money to spend on advertising.

Hope this helps

respect

Ian

[robert meldrum]

Ian's post is a very attractive alternative which gives even better value for money............you could recoup the entire cost in a couple of months and use your cash flow to fund marketing and upgrades as profits allow.

As usual............there's no "always" and no "never"

[Simon@arenaclean]

You could also try 0% on credit card then switch balance if  not cleared in time  to 0% balance transfer only charge would be for transfer of balance

That's your cheapest option.