Vendor / Retail Finance

[mcniven]

It seems to be a market that a lot of companies are entering into in order to increase market to company.

Has anyone any companies they can recommend who are decent at providing such service?

Many thanks

 

[lame plumber]

looked into it last year, most suppliers of finance wanted me to pay them as well as them copping interest and transaction charges from the customer, so decided to leave it well alone, how much money do they want to make!!!!!!!!!!!!!!!!!!!

 

[julesverne]

Darren i think ideal are doing something that allows you to offer finance on their products. i was supposed to be going to one of their trade evening about it but couldnt make it due to work commitments. ask your local rep about it he may have some info on it.

 

[mcniven]

Jules, thanks for that mate il give Iain a message.

 

[smtplumbing]

Darren let us know how you get on. the boy locally is doing finance and seems to win jobs

 

[mcniven]

I will do mate

 

[smtplumbing]

i have contacted my rep still not heard anything

 

[Ray Stafford]

i have contacted my rep still not heard anything

I'm seeing the sales director of Ideal next Friday. He mentioned this when we last met, so I will press him on how far advanced they are.

I have to say I think its a brilliant idea if they can make it work at sensible rates. Many, many moons ago, I used to sell photocopiers, and we used to make more money brokering the finance than we did on the actual sale.

 

[lame plumber]

I'm seeing the sales director of Ideal next Friday. He mentioned this when we last met, so I will press him on how far advanced they are.

I have to say I think its a brilliant idea if they can make it work at sensible rates. Many, many moons ago, I used to sell photocopiers, and we used to make more money brokering the finance than we did on the actual sale.

as do car salesmen, tv sales etc etc I knew you and Boyce shared a similar past

 

[smtplumbing]

any luck with this buddie

 

[Ermintrude]

Ideal finance is a bit on the wrong side of impending legal changes to finance agreements. Also you are not an agent but a conduit, you are not legally allowed to make any inference or even suggest what it's Likley to cost. Nor can you offer two prices one with finance and one without. So if you quote job and then custard asks about finance your are screwed as it's going to cost you as you are not allowed to front load or charge extra.

Baxi finance looked slightly better.... But generally we have found that finance is a nightmare! We are looking again at a radio rentals affair. We own service and repair your boiler for £45 PCM. Or there about. That's 1.47 a day!!!

 

[Ray Stafford]

Ideal finance is a bit on the wrong side of impending legal changes to finance agreements. Also you are not an agent but a conduit, you are not legally allowed to make any inference or even suggest what it's Likley to cost. Nor can you offer two prices one with finance and one without. So if you quote job and then custard asks about finance your are screwed as it's going to cost you as you are not allowed to front load or charge extra.

Baxi finance looked slightly better.... But generally we have found that finance is a nightmare! We are looking again at a radio rentals affair. We own service and repair your boiler for £45 PCM. Or there about. That's 1.47 a day!!!

Have you got details or a link for either the Ideal or Baxi deals Ermi?

 

[lame plumber]

Ideal finance is a bit on the wrong side of impending legal changes to finance agreements. Also you are not an agent but a conduit, you are not legally allowed to make any inference or even suggest what it's Likley to cost. Nor can you offer two prices one with finance and one without. So if you quote job and then custard asks about finance your are screwed as it's going to cost you as you are not allowed to front load or charge extra.

Baxi finance looked slightly better.... But generally we have found that finance is a nightmare! We are looking again at a radio rentals affair. We own service and repair your boiler for £45 PCM. Or there about. That's 1.47 a day!!!

what happens when they sell the house, do you pop over and pick up the boiler for them leaving some capped off pipe ends ?

 

[smtplumbing]

i need more information about the finance, am not looking to make profit out of it or deposit up front. work is work am losing work to other company that offer finance

 

[julesverne]

what happens when they sell the house, do you pop over and pick up the boiler for them leaving some capped off pipe ends ?

and what if they stop paying how will you get the boiler back.