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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Do you have a business plan?
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yes easy, all you have to do is give a personal guarantee.
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Can't you just buy it then charge it back to the tax man?
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TAx capital allowances have changed, so it's no longer that straightforward :(
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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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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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Can you not rent it?
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if its IT stuff., go to pcworld, and you can rent the stuff
:D ... lol typical me.... i'm training on the B2B section |
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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