Kingsbridge Autos 2 Posted February 24, 2016 Evening all, A friend of mine does stocking finance on simple easy to use contract as it just him in the business. He rang me today offering a 100k facility at 1% per week on whatever amount was being used. I said I would think about it but to me seems crazy expensive to spend 52k a year on stocking finance on top of VAT, tax and all the other costs. Having said that I am looking at some form of finance to increase stock levels and was considering Netgear (haven't called them to discuss costs yet) but was interested in other thoughts on what is a reasonable cost for say a 100k facility? Share this post Link to post Share on other sites
Rory RSC 596 Posted February 24, 2016 (edited) How much additional profit can you achieve realistically with 100k extra stock. nextgear you only pay for what you use also. Edited February 24, 2016 by RS Car Sales Share this post Link to post Share on other sites
Kingsbridge Autos 2 Posted February 24, 2016 Do you use them? what are the fees roughly? Share this post Link to post Share on other sites
.gif.f588d3d914825b414e7ea9a8fb8a7afe.gif)
