cvines started this topic @ 09:09 on 20/02/2005
We are a small family business building timber buildings (mainly equine at present) we are greatly expanding our range and are attending several large shows this year. As a single purchase can range from £1k-£20k and one particular product we will be selling at shows this year costs £7k (a top spec summer grill house - incorporates a bbq grill in centre with chimney above) - obviously if we could offer our customers interest-free or low interest finance options as well as taking credit card payments this would greatly increase our sales. Could anyone please recommend which finance company would offer us this facility. We started the business part-time last year and have been trading full-time since last summer.
RE: Offering our customers finance options and credit card payments
James Smith | 20/02/2005 11:32 AM
I would tend to agree with Ian, just to expand a little,
You should be able to get a credit card facility now you have some trading history. It sounds as if you are doing some decent turnover here and are less likely to hold you to 2 years trading history to get the facility. Failing that you could use the worldpay system temporarily although it is more geared up for web businesses, but they do have an option you could use where you enter the details.
Third party finance options are available quite widely and as Ian says your bank will be a good starting point. Failing that have a chat to your accountant they may have links with somone suitable.
Regards,
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James Smith
Chartered Accountant
www.jamesesmith.co.uk
01235 536 773
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