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Old 06 March 2008, 09:52 PM
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serega
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Default How to get a finance on a new company
As it stands, we are just opening up a new company and wanted to finance some equipment - is it at all possible without having any equity in the company ?
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Old 06 March 2008, 11:59 PM
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fast bloke
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Do you have a business plan?
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Old 07 March 2008, 12:25 AM
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yes easy, all you have to do is give a personal guarantee.
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Old 07 March 2008, 02:19 AM
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Can't you just buy it then charge it back to the tax man?
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Old 07 March 2008, 02:25 AM
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DCI Gene Hunt
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TAx capital allowances have changed, so it's no longer that straightforward
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Old 07 March 2008, 02:28 AM
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I didn't think it was changing until April. Or is that just the income shifting loop-hole?
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Old 07 March 2008, 08:14 AM
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as has been said - you can do it as long as your personal credit worthiness stacks up and you take the risk yourself.
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Old 07 March 2008, 08:26 AM
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TopBanana
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Can you not rent it?
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Old 07 March 2008, 08:40 AM
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if its IT stuff., go to pcworld, and you can rent the stuff

... lol typical me....

i'm training on the B2B section
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Old 07 March 2008, 11:10 AM
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serega
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We cannot rent it, as it costs more and will eat into our margins. I know its a pretty silly question, was just wondering if maybe there is a trick way around it. Cheers
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