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Finance Companies


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#41 arfur mo

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Posted 08 September 2010 - 05:15 PM

View PostOxo, on 08 September 2010 - 03:14 PM, said:

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
Think the timer idea would come unstuck in to many cases to be profitable, imo they would simply relly on the bell box deterring and even stick you on rogue traders.

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

#42 Specialist

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Posted 08 September 2010 - 06:13 PM

View Posthpotter, on 08 September 2010 - 03:02 PM, said:

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)

Rentals? who mentioned rentals? What I was talking about was customer takes out loan from finance company, finance company send me payment & I fit the system. That's the end of my involvement, would never go down rental route. Too much C**p involved.
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#43 hpotter

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Posted 08 September 2010 - 06:23 PM

View PostSpecialist, on 08 September 2010 - 06:13 PM, said:

Rentals? who mentioned rentals? What I was talking about was customer takes out loan from finance company, finance company send me payment & I fit the system. That's the end of my involvement, would never go down rental route. Too much C**p involved.

i did.

think you'll find leasing = rental and its big business worldwide.

however you could always go with the sharking business, like the firm you used to work for who didnt have a cons credit licence.

#33

#44 alterEGO

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Posted 08 September 2010 - 06:57 PM

View Posthpotter, on 08 September 2010 - 06:23 PM, said:

i did.

think you'll find leasing = rental and its big business worldwide.

however you could always go with the sharking business, like the firm you used to work for who didnt have a cons credit licence.

#33
no, no, no, he knows best.

#45 MrHappy

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Posted 08 September 2010 - 07:01 PM

View PostSpecialist, on 08 September 2010 - 06:13 PM, said:

What I was talking about was customer takes out loan from finance company, finance company send me payment & I fit the system.

Type of client which need finance from co. rather than a chaper to pay back bank loan or over draft is unlikley to past the credit score
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#46 arfur mo

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Posted 08 September 2010 - 07:14 PM

View PostSpecialist, on 08 September 2010 - 06:13 PM, said:

Rentals? who mentioned rentals? What I was talking about was customer takes out loan from finance company, finance company send me payment & I fit the system. That's the end of my involvement, would never go down rental route. Too much C**p involved.
Think it go's you fit system 1st, client signs it off - then you get paid 30 days.

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

#47 Specialist

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Posted 08 September 2010 - 07:29 PM

View Posthpotter, on 08 September 2010 - 06:23 PM, said:

i did.

think you'll find leasing = rental and its big business worldwide.

however you could always go with the sharking business, like the firm you used to work for who didnt have a cons credit licence.

#33

Nope, think i'll give that 1 a miss mate, weird thing was the firm he used to send people to for system finance / Leasing whatever were a big firm. Not Joe around the corner with the 1 eye & a limp. Lol

View Postarfur mo, on 08 September 2010 - 07:14 PM, said:

Think it go's you fit system 1st, client signs it off - then you get paid 30 days.

Arfur

Not how he used to work but I don't mind that as long as everything is Legit & above board, if I wanted to go down the Joe the loanshark around the corner that would be easy, I went to School with him. But that's definately not the way I want to go.


Different Subject: How you getting on with the write up on the vintage stuff Arf? would love to read it.

Edited by Specialist, 08 September 2010 - 07:29 PM.

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#48 arfur mo

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Posted 08 September 2010 - 09:41 PM

Think most of it is already in here ;).

Tbh seems every word I type in here Is relentlessly challenged, not not that i mind but not sure anymore if I can be asked to put in that considerable amount of time to type if up, and risking more time to make cointless replies to the Mo's dedicated band of non beleivers.

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

#49 Specialist

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Posted 09 September 2010 - 07:49 AM

View PostalterEGO, on 08 September 2010 - 06:57 PM, said:

no, no, no, he knows best.

Don't think you'll see anywhere i've said that, thought that was why I asked for comment in the first place & got some sensible answers. I did'nt ask for peoples sarcasm & prejudice .

View Postarfur mo, on 08 September 2010 - 09:41 PM, said:

Think most of it is already in here ;).

Tbh seems every word I type in here Is relentlessly challenged, not not that i mind but not sure anymore if I can be asked to put in that considerable amount of time to type if up, and risking more time to make cointless replies to the Mo's dedicated band of non beleivers.

Arfur

Arf: If you do decide to type it up i'd be happy to read it, been around this game a long time but since my accident have forgotten a lot of the old stuff.

Andy
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#50 hpotter

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Posted 09 September 2010 - 02:27 PM

View PostSpecialist, on 08 September 2010 - 07:29 PM, said:

Nope, think i'll give that 1 a miss mate, weird thing was the firm he used to send people to for system finance / Leasing whatever were a big firm. Not Joe around the corner with the 1 eye & a limp. Lol

Ah, thats different soz. you dont need licence as an introducer. he was only supplying leads not signing them up.

prob with doing that is the guy signing up the finance will earn far in excess of the money firm makes for fitting it.

eg

GE is a huge yankie firm with global assets, make stuff from aero engines to power station plant, medical (now even electric planes).

they started offering kit and financed customer purchases themselves. got so big on finance side they started GE capital ended up financing stuff they didnt make toboot. finance side offset losses in manufacturing during downturn times, boosted profits in good times.

dunno abt setup now (think seperate entity) but at one point far more money out of finance than the manufacturing.

#51 Cubit

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Posted 09 September 2010 - 02:44 PM

GE Capital are behind a lot of the store cards. 30% apr. kerrching

Also, none of the competitive concerns involved with credit cards
"Bother!" said Pooh, as he found his smack had talc in it.

#52 hpotter

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Posted 09 September 2010 - 03:01 PM

just checked, seems still part of same.

at 30% seems silly taking risks in manufacturing.

note also car firms prefer to sell with finance than cash (boycie excl).

#53 Specialist

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Posted 09 September 2010 - 03:26 PM

View Posthpotter, on 09 September 2010 - 02:27 PM, said:

Ah, thats different soz. you dont need licence as an introducer. he was only supplying leads not signing them up.

prob with doing that is the guy signing up the finance will earn far in excess of the money firm makes for fitting it.

eg

GE is a huge yankie firm with global assets, make stuff from aero engines to power station plant, medical (now even electric planes).

they started offering kit and financed customer purchases themselves. got so big on finance side they started GE capital ended up financing stuff they didnt make toboot. finance side offset losses in manufacturing during downturn times, boosted profits in good times.

dunno abt setup now (think seperate entity) but at one point far more money out of finance than the manufacturing.

Thanks H, will look at some of the Finance / Lease companies & see what I can come up with. Don't mind them making the profit on Finance as long as I can refer customers to them & have more chance of getting the Installs, Gave the low values as there is a lot more of that type of work in Wales at the moment than the High value stuff. Thanks for sticking with me.

Thanks to all of you Guys who've provided advice on my query, it's appreciated. Have a few companies to look into so hopefully will find a good 1.


Andy :)
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#54 alterEGO

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Posted 09 September 2010 - 04:20 PM

View PostSpecialist, on 09 September 2010 - 07:49 AM, said:

Don't think you'll see anywhere i've said that, thought that was why I asked for comment in the first place & got some sensible answers. I did'nt ask for peoples sarcasm & prejudice .

lol, i'll send your dummy back in the post.

I was only joking matey as far as the last post goes.

As for the pauper comment, that is a fact.

Quote

pau·per/ˈpôpər/Noun
1. A very poor person.
2. A recipient of government relief or public charity.

Edited by alterEGO, 09 September 2010 - 04:21 PM.


#55 Specialist

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Posted 09 September 2010 - 04:32 PM

View PostalterEGO, on 09 September 2010 - 04:20 PM, said:

lol, i'll send your dummy back in the post.

I was only joking matey as far as the last post goes.

As for the pauper comment, that is a fact.

Chav: A Young White Male Teenager from a White Working Class Background.

Edited by Specialist, 09 September 2010 - 04:32 PM.

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#56 alterEGO

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Posted 09 September 2010 - 05:44 PM

View PostSpecialist, on 09 September 2010 - 04:32 PM, said:

Chav: A Young White Male Teenager from a White Working Class Background.
I never said you were a chav, i asked 'if' you were :lol:

#57 Specialist

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Posted 09 September 2010 - 06:13 PM

View PostalterEGO, on 09 September 2010 - 05:44 PM, said:

I never said you were a chav, i asked 'if' you were :lol:
You said I lost you when I said thank you, look at the definition & then at my reply & you will know what I meant.
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