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Finance Companies


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#21 Specialist

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Posted 07 September 2010 - 06:00 PM

View PostalterEGO, on 07 September 2010 - 05:47 PM, said:

You lost me with that one.


tbh i don't care that much, just not a market i would ever 'aim' for.

Lost you with? did'nt actually aim for it, but as there's so much of it, I thought it would be stupid to ignore it.

Edited by Specialist, 07 September 2010 - 06:07 PM.

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#22 digitalwitness

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Posted 07 September 2010 - 06:47 PM

To be quite honest Specialist, I think you should be commended for the thought pattern you are on and for your willingness to provide to the not so well off what better off people take for granted. Kudos to you.

If you find the answer to this one you will be worth millions!

I back up that statement by the following: I would bet that most those houses have at least 1 mobile phone, unsubsidised the mobile phone could easily exceed £300 but yet Vodafone, Orange or whoever have managed to get one in there. If you find how to put an alarm in under a similar setup, you'll be on to something.

#23 Specialist

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Posted 07 September 2010 - 06:54 PM

View Postdigitalwitness, on 07 September 2010 - 06:47 PM, said:

To be quite honest Specialist, I think you should be commended for the thought pattern you are on and for your willingness to provide to the not so well off what better off people take for granted. Kudos to you.

If you find the answer to this one you will be worth millions!

I back up that statement by the following: I would bet that most those houses have at least 1 mobile phone, unsubsidised the mobile phone could easily exceed £300 but yet Vodafone, Orange or whoever have managed to get one in there. If you find how to put an alarm in under a similar setup, you'll be on to something.

:cheers: All I gotta do now is bribe Vodaphone to get their secrets.
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#24 digitalwitness

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Posted 07 September 2010 - 06:59 PM

View PostSpecialist, on 07 September 2010 - 06:54 PM, said:

:cheers: All I gotta do now is bribe Vodaphone to get their secrets.

Theres no secret to it mate, money maybe!

#25 Specialist

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Posted 07 September 2010 - 07:02 PM

View Postdigitalwitness, on 07 September 2010 - 06:59 PM, said:

Theres no secret to it mate, money maybe!
Ah now that's the bit i'm trying to get :)
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#26 norman

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Posted 07 September 2010 - 07:09 PM

http://www.shireleas...-equipment.html
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#27 Specialist

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Posted 07 September 2010 - 07:16 PM

View Postnorman, on 07 September 2010 - 07:09 PM, said:


cheers Norm. :)
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#28 alterEGO

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Posted 08 September 2010 - 08:55 AM

I posted Shire at the start Norm for B2B. Didn't know they offered credit to consumers?




Specialist: I'm not having a go at you, but its an area many firms have already tried and failed at. You can't get anyone to finance it so end up doing it youself, your then chasing round for a few quid a week, they will always let you down.

If you can't think of one company that is doing it, then save your time as it means its not viable.

Edited by alterEGO, 08 September 2010 - 08:56 AM.


#29 jameswilson

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Posted 08 September 2010 - 09:52 AM

Quote

If you can't think of one company that is doing it, then save your time as it means its not viable.
wouldnt say i agree with that.

op
aaron does have a point though, there are people that do it but its very very expensive. Id suggest you look into selling personal loans from a provider instead.

#30 arfur mo

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Posted 08 September 2010 - 09:57 AM

If you do offer terms you willneed a credit control licence even if you do this via a third party finane co, you also have to do exams as your like a FA.

I don't offer terms, but looked into it and leasding for phone, CCTV and door entry systems.

Hope that helps

Arfur

Edited by arfur mo, 08 September 2010 - 10:01 AM.

Those are my principles, and if you don't like them...well I have others

#31 alterEGO

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Posted 08 September 2010 - 09:57 AM

View Postjameswilson, on 08 September 2010 - 09:52 AM, said:

wouldnt say i agree with that.


i don't mean every idea, but with this one or any other idea that has clearly been done to death.

#32 Guest_Oxo_*

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Posted 08 September 2010 - 10:00 AM

When doing the motorised gates we had a credit broker licence for this.
We alse looked at personal finance.
After looking at it in more depth we decided it was not worth the risk.
Or the time taken chasing up late payments ect.

Average installation was 3.5-4.5k,most who ordered this always had sufficient funds anyway and never even asked for credit.
In fact it turned out at one stage the bigger the job the more they paid in cash!!!

Edited by Oxo, 08 September 2010 - 10:01 AM.


#33 Specialist

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Posted 08 September 2010 - 10:28 AM

View PostalterEGO, on 08 September 2010 - 08:55 AM, said:

I posted Shire at the start Norm for B2B. Didn't know they offered credit to consumers?




Specialist: I'm not having a go at you, but its an area many firms have already tried and failed at. You can't get anyone to finance it so end up doing it youself, your then chasing round for a few quid a week, they will always let you down.

If you can't think of one company that is doing it, then save your time as it means its not viable.

Actually mate, a firm I worked for a few years back made quite a bit of Money doing just that. Had a Finance company or Broker that he refered people to & far as I know never had a consumer credit licence.I can't ask him about though he did a runner about 2 years ago.

Edited by Specialist, 08 September 2010 - 10:32 AM.

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#34 alterEGO

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Posted 08 September 2010 - 10:32 AM

View PostSpecialist, on 08 September 2010 - 10:28 AM, said:

Actually mate, a firm I worked for a few years back made quite a bit of Money doing just that. Had a Finance company or Broker that he refered people to, unfortunately I can't ask him about them. He did a runner about 2 years ago.
keep going at it then, but the last part of your post said it all.

ppl can only give you their view point, its up to you what you do.

I would however just tell the paupers to stick it on a creditcard or cash4gold or logbook loan shop, if i was you.

Edited by alterEGO, 08 September 2010 - 10:33 AM.


#35 Specialist

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Posted 08 September 2010 - 10:37 AM

He did'nt leg it due to lack of work or getting paid for it, he just liked Casino's etc too much & got on the wrong side of some shall we say Nasty people so legged it to keep his kneecaps.
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#36 norman

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Posted 08 September 2010 - 10:45 AM

a testament to 'what goes around' maybe?
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#37 Specialist

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Posted 08 September 2010 - 11:00 AM

View Postnorman, on 08 September 2010 - 10:45 AM, said:

a testament to 'what goes around' maybe?

Yep only thing is Kneecapping would have been better for some of the rip off's he pulled.
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#38 hpotter

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Posted 08 September 2010 - 03:02 PM

View Postdigitalwitness, on 07 September 2010 - 06:47 PM, said:

I back up that statement by the following: I would bet that most those houses have at least 1 mobile phone, unsubsidised the mobile phone could easily exceed £300 but yet Vodafone, Orange or whoever have managed to get one in there. If you find how to put an alarm in under a similar setup, you'll be on to something.

the problem we had with doing rentals is that if they stopped paying they still had use of the system. reckon vodafone have that covered though..

(as #15 i mean)

#39 Guest_Oxo_*

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Posted 08 September 2010 - 03:14 PM

A way around would be setting the payment timer on the system and resetting after payment collection.
Again expensive having to pay someone to collect monies each month.
Could use dial up I suppose, always assuming they could afford to keep the phone line going in-between the sky hd and each childs mobile :P

#40 hpotter

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Posted 08 September 2010 - 03:25 PM

in dem days were fitting cpb2 unless over a tenner a month then cpf2 (when eventually came out).

large deposit (to cover kit) was way we overcame. as posted credit check essential (all lot easier these days tbo, though still would not be going down that road meself)





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