Business finance

General vending talk
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Shropvend
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Posts: 117
Joined: January 10th, 2012, 3:19 pm
Area Covered: Wolverhampton & Shropshire
Machines Used: Towers, Pringles, Beavers, kiddy rides
Referred by?: tubz vending

Business finance

Post by Shropvend »

Would like to hear from operators who may be getting good deals in business lending. I have built my business from scratch using my own funding and then re investing in buying new machines. I am ready to hit the market for further lending but was wondering if anyone can recommend a company out there with good terms.
Looking at asset finance but would be grateful on any feedback.

Re Lee.
isladeiona
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Area Covered: Central Scotland
Machines Used: Combo, Can, Bottles, Snacks
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Re: Business finance

Post by isladeiona »

Lee if you have gotten so far by starting from scratch I would just keep doing what your doing. I got there the exact same way. Keep your eye out on ebay for good bargains though I tend to give a miss any thats advertised in Sheffield or Wakefield just incase Im stung again by Mr Rip off Cresswell.
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Re: Business finance

Post by Coin Operated Group »

What type of machines do you wish to finance?
Regards Matt

www.easyvend.com
Shropvend
Coin Op Group Regular
Coin Op Group Regular
Posts: 117
Joined: January 10th, 2012, 3:19 pm
Area Covered: Wolverhampton & Shropshire
Machines Used: Towers, Pringles, Beavers, kiddy rides
Referred by?: tubz vending

Re: Business finance

Post by Shropvend »

I have orders for more toy machines and swp machines but I have another business in which I have pumped money in. So money is tied up at the moment.
Was curious to find out if there is any financial institution out there that someone deals with that has a good rate and specialises In the vending industry.
Re Lee.
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Posts: 3422
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Re: Business finance

Post by Coin Operated Group »

I can arrange finance through leasing compaines for large machines if you are a ltd company? I agree its best to buy out right if you can, but if its for new equipment then would say leasing is good option if short on working capital.
Regards Matt

www.easyvend.com
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