- Original Poster
- #1
Hi
I'm a start up business, newly incorporated but not yet trading. I have been looking at buying some machinery on a 5 yr lease purchase, for about 20k. The interest levels are admittedly quite high. I am wondering if anyone knows whether the EFG loans are available to start up businesses for the purpose of assest purhases? I understand that its fine if your already trading etc, but no-where on any site I have seen does it mention for exceptionally new start ups that aren't yet trading and thus facilitating the actual commencement of business.
Any info would be most grateful.
Cheers
I'm a start up business, newly incorporated but not yet trading. I have been looking at buying some machinery on a 5 yr lease purchase, for about 20k. The interest levels are admittedly quite high. I am wondering if anyone knows whether the EFG loans are available to start up businesses for the purpose of assest purhases? I understand that its fine if your already trading etc, but no-where on any site I have seen does it mention for exceptionally new start ups that aren't yet trading and thus facilitating the actual commencement of business.
Any info would be most grateful.
Cheers
