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I will be paying him for the trailers over a period, I just need the £26k for wages & rent until money starts coming in.
The DVSA operators licence is for the business (£8000 for the first vehicle & £4500 for ever additional vehicle)
The company has assets (Trailers) worth £35k which I would lease buy over a 3 year period, the £25k would be used to obtain a DVSA operators licence (as they put it, financial standing) and to cover wages for 3 staff and yard rent until money started coming in.
I trust my boss as he's more of a...
Hi Guy's, hope all is well.
I am looking to take over a haulage business where I have been working for the past 14 years, but have no savings to input myself.
I've spoken to an accountant which has advised me on a government backed startup loan for £25k at 6%
What I need to know is that if I...