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-   -   How to get a finance on a new company (https://www.scoobynet.com/non-scooby-related-4/672610-how-to-get-a-finance-on-a-new-company.html)

serega 06 March 2008 09:52 PM

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 ?

fast bloke 06 March 2008 11:59 PM

Do you have a business plan?

Scooby Soon! 07 March 2008 12:25 AM

yes easy, all you have to do is give a personal guarantee.

ScoobyWon't 07 March 2008 02:19 AM

Can't you just buy it then charge it back to the tax man?

DCI Gene Hunt 07 March 2008 02:25 AM

TAx capital allowances have changed, so it's no longer that straightforward :(

ScoobyWon't 07 March 2008 02:28 AM

I didn't think it was changing until April. Or is that just the income shifting loop-hole?

Snug Rhino 07 March 2008 08:14 AM

as has been said - you can do it as long as your personal credit worthiness stacks up and you take the risk yourself.

TopBanana 07 March 2008 08:26 AM

Can you not rent it?

wwp8 07 March 2008 08:40 AM

if its IT stuff., go to pcworld, and you can rent the stuff

:D ... lol typical me....

i'm training on the B2B section

serega 07 March 2008 11:10 AM

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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