No more turkey, please!
Welcome to the first edition of 2024 of "Boss in your box", where every month I'll be bringing you the asset finance news that YOU need to know if you're in anyway tasked with running the financial side of a business.
Am I the asset finance version of Luke Littler ?
Happy new year to you! How long is it acceptable to keep asking this?!
When you last looked at asset finance for your business, let me guess, did you pay 36 months of X, or 60 months of Y? I’m guessing so.
Luke Littler is, a little like corduroy pillow cases, making headlines at the moment, as he has reached the final of the World Darts Championship. Now, a little like Luke, people rarely believe my age, clearly we both had very heavy paper rounds (although his, apparently, was a little more recent than mine!)
But, in my case, having many years of experience in the industry (finance, not darts, to be clear) I can look at things a little differently to most. I can structure financing deals that will not only save you a considerable amount of interest, but may well suit your cashflow better.
Get in touch for an illustration of this and see how it compares to the usual way.
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Software CAN be financed
Okay, I’ll be honest, this may not be breaking news today, but I still regularly talk to new clients who had no idea this was possible. No doubt because their bank or regular finance company will quite happily fund their new car or engineering machine, but ask them to fund software and they suddenly have less appetite than most of us still had at 4pm on Christmas day.
Yes, I would love to talk to you about financing for your vehicles or machinery (and will be very competitive in doing so), but I am also just as happy to talk about funding software, wheelie bins, EV charging points and even garden offices.
And Finally…
People often ask how I moved from banking into asset finance. It was a prompt move, after a customer came in and asked me to check his balance, so I pushed him over.
These “Jokes” really don’t get any better do they?!
I hope this latest edition of “Boss in your box” was useful and the final piece not too cringeworthy. Please reply with any financing requirements or queries.
What can I fund for you?
“I have seen flowers grow in stony places, and kind things done by men with ugly faces" Repairing 120 year old leathergoods and making 📙Handmade 👛Bespoke 👜Leathergoods in Norfolk
1yThat was interesting, thank you, Mike
Tips, tricks and tools to boost EI skills for health and improved performance. Preventing stress and anxiety with training, coaching, and corporate courses.
1yInteresting read. Thank you Mike Boss