Sources for some business funding

[fridaypassion]

As a bit of an update on this we ended up having a storming spring which relieved 90% of the cashflow issues. Got signed up with Nextgear and just took a deposit on the first car we had on the scheme. The Nextgear system is a bit flawed for my business as they only work on CAP which is pretty much useless for Lotus cars.

A good option for Nextgear would be for us to have the ability to offer security in exchange for binning the CAP values. It could work really well for us we could probably put every car on the system but at the moment there will be few opportunities for us to use it.

[DSLiverpool]

European fund are giving it to nearly anyone, no PG either - ask your accountant

[Kozy]

DSLiverpool said:

European fund are giving it to nearly anyone, no PG either - ask your accountant

How can I find out more about this? I am Isle of Wight based, definitely deprived here so hopefully there is something available!

[DSLiverpool]

My accountant told me how easy it was - they vouched for me and did the paperwork. Ask about .....

[fridaypassion]

Got my accountant coming in soon I will be asking him about this thanks for the heads up DS and I hope you enjoy your forthcoming retirement

[Defcon5]

Glad it's all going well Jon - better than you could ever have hoped for by the sounds of it!

[fridaypassion]

Hi mate yes its been a busy year or so! The main aim was just to avoid having to go grovelling for my old job back so I think we are past that stage thankfully. Long may it continue!

[DSLiverpool]

For the north west I used these guys you could ask them who covers your area ?
http://www.fwcapital.co.uk/funds-we-manage.aspx

[fridaypassion]

Will do just that thanks.

[Defcon5]

are you focussing on selling cars rather than parts now then