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Hi all
I currently am leasing a shop, and reopened my business on the 12th April after the covid19 restrictions. A month later, the landlord who lives above the shop - had a burst water pipe under their floor, of which was going for a good hour or so. The whole shop was flooded, with damage to...
It depends on the type of equipment. If it's new - you will usually get a better rate compared to used equipment. If your lease is not HP and it's a standard lease - title will not pass to you at the end of the lease. You may contact the leasing company to bid for title, but due to operating...
Wow yes that rate is very high at 91 per thousand over 5 years. I can do you a much better rate than that - I work for a leasing company. Will send you a PM with my contact details.
Hmmm, this will be difficult as the finance company will be reliant on you as a business and will want to assess your accounts; to ensure that you stay in business for the duration of the consumer finance to the customer. Have you been trading long? I can recommend a company and contact at one...
Leasing companies hold slightly different rules around something being an operating lease or a finance lease. Usually, if the present value of all lease payments do not exceed the cash price at time of purchase and you're not going to be owning the equipment at the end of the lease - then it's...
Hi Mathew, there are leasing companies whom offer funding for start ups but they're obviously a bit higher rates than the norm - due to lack of trading. I am happy to recommend the one i've used in the past, PM me if you still need the info.
Hi Daniel, it's most likely because those particular finance companies that you've spoken with aren't covered by the FCA to lend to regulated customers such as sole-traders or small partnerships. I can recommend a good leasing company that I've used in the past whom do finance regulated...