Retail Finance?

[nicklondon]

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Hi Everyone,

Been looking through this forum for a while and thought it was about time for me to post something!

I'm currently looking to start a business selling an intangible product and looking for someone to supply me with retail finance. For those of you who know about retail finance, I'm sure you will have already noticed that a) The business is a startup and b) it's an intangible product. I've spoke to a few brokers etc. and they've all pretty much wished me luck (with a slight chuckle!) and that was about it.

Call me stubborn, but I refuse to believe that there are no lenders out there who would take on a risk like this? If anyone has any ideas on how I could look to achieve this, please let me know, your help is greatly appreciated!

Nick.

(P.S the product will probably range in cost from around £500 - £3000)

[daniel999b]

Call Touch Financial (touchfinancial.co.uk). They're a commercial finance broker, if they cant help maybe try and get a commercial bank account with an overdraft. In any event, a lender will require you to have some cash or assets as a guarantee or take a debenture over the business.

Bibby Financial Service may also be worth looking at.