Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Business > General Business Discussions

General Business Discussions A place to talk about general business discussions.

Financing!


General Business Discussions

A place to talk about general business discussions.
Reply
 
Thread Tools Search this Thread
  #11  
Old 02-14-2012, 10:58 AM
SECTLANDSCAPING SECTLANDSCAPING is offline
new member
 
Join Date: Jul 2009
Location: CT
Posts: 1,912
Rep Power: 0
SECTLANDSCAPING is on a distinguished road
Default

I agree with DPLD,

The company that contacted me handled the credit part. If the customer was approved, you would get a check for the full amount and the customer would pay the 3rd party with installments.

I told the agent the same thing that DPLD just said. If they cant afford a deck that wraps around the pool they have no business calling me. If they can then whats the point of financing?

Credit scores are a funny thing. I have no debt, never borrowed a dollar in my life, make good money and my fiance has a higher credit score. The bank would give money to her first and she has a 1/4 of my income. Go figure!

The one person this would work for is the guy/company that wants to raise the value of the home to get a higher return on the sale. The whole reason to defer payment would be to not invest to much money till the sale comes through. The house could be on the market a few years so the payments work. Of course this type of loan could have liens or collateral.
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #12  
Old 02-14-2012, 12:01 PM
thegroundscrew's Avatar
thegroundscrew thegroundscrew is offline
Senior Member
 
Join Date: Nov 2011
Location: Bellevue, WA (425) - 15 minutes from Seattle (206, my city's filthy)
Posts: 141
Rep Power: 5
thegroundscrew is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
THANKS for the input and I understand where you guys are all coming from but my financial advisor and father brought this to the table thinking it will be an excellent idea. My dad used to own a succesful commercial landscape company and he offered financing and he said that it was one of the best things he has done. Also i trust what my dad says and he said that this will be the best right now for my business. He owns a succesful finance company with 63 employees so I am going to go with what he says. He knows what he is talking about. And on a personal side I'm not going to be dealing with the customer's financial status because quite frankly i could care less. We have someone in the office that will be doing all that so I dont even need to worry about it. It has worked for him in the past and will hopefuly work with me.
__________________

Curtis Michael
President
The Grounds Crew
(425) 765-2638
www.thegroundscrewllc.com
Reply With Quote
  #13  
Old 02-14-2012, 12:20 PM
dpld dpld is offline
new member
 
Join Date: Jan 2012
Location: nj
Posts: 885
Rep Power: 0
dpld is on a distinguished road
Default

Quote:
Originally Posted by thegroundscrew View Post
THANKS for the input and I understand where you guys are all coming from but my financial advisor and father brought this to the table thinking it will be an excellent idea. My dad used to own a succesful commercial landscape company and he offered financing and he said that it was one of the best things he has done. Also i trust what my dad says and he said that this will be the best right now for my business. He owns a succesful finance company with 63 employees so I am going to go with what he says. He knows what he is talking about. And on a personal side I'm not going to be dealing with the customer's financial status because quite frankly i could care less. We have someone in the office that will be doing all that so I dont even need to worry about it. It has worked for him in the past and will hopefuly work with me.



i am sure your dad knows what he is doing and i myself was just chimeing my two cents in from my 23 years of experience.
i don't have 63 employees but my small business grosses close to half a million a year so i would like to believe i have seen my share as well.

the only cautionary note i will add is that the times are very different from the way they were just 5 years ago and they sure have changed quite a bit since i started my business back in 1990.
my point is even though it could still be a big boost for your business like it was your dads i just can not see it being as effective in 2012.

either way it looks like you have a great supporting cast in your dad and family and i hope it works out better for you then you plan.

good luck and keep us posted.
Reply With Quote
  #14  
Old 02-14-2012, 12:29 PM
thegroundscrew's Avatar
thegroundscrew thegroundscrew is offline
Senior Member
 
Join Date: Nov 2011
Location: Bellevue, WA (425) - 15 minutes from Seattle (206, my city's filthy)
Posts: 141
Rep Power: 5
thegroundscrew is on a distinguished road
Default

Thanks dpld. You definitly have a lot of experience under your belt and I will actually bring what you said to my father and advisor to see what they have to say about it. It was of great help to see another view point. I will keep you updated as Spring season picks up to see how it works out. Thank you.
__________________

Curtis Michael
President
The Grounds Crew
(425) 765-2638
www.thegroundscrewllc.com
Reply With Quote
  #15  
Old 02-14-2012, 11:18 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,970
Rep Power: 10
Steve has disabled reputation
Default

It is a very creative idea. Let us know how it works out for you.
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
The problem with equity financing Steve Money, Finances, Stocks, Bonds, & Investments. 18 05-13-2012 09:09 AM
Start-up Financing MLuciano Starting a lawn care business. 4 07-11-2008 04:38 AM
Financing with Better Outdoor products jewwells Truck, Trailer, and Outdoor Power Equipment Discussion, Repairs. 4 01-24-2008 11:17 AM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Business Overload
Chilehead
05-06-2016 09:27 PM
Yesterday 10:49 PM
by SC93
16 733
Hello Everyone
JohnsLawnCare
06-22-2016 11:14 AM
06-25-2016 09:38 AM
by SC93
9 172
Newbie
Jhoell
06-25-2016 03:28 AM
06-25-2016 03:28 AM
by Jhoell
0 37
Firefighter gone Lawn...
Firehouselawn@hotmail.com
03-10-2016 04:50 PM
06-24-2016 07:26 PM
by acrajchel
9 10,088
Exmark Turf Tracer
acrajchel
02-01-2014 11:34 AM
06-24-2016 07:23 PM
by acrajchel
5 2,117
Rubber mulch...
avetslawncare
06-24-2015 09:28 PM
06-24-2016 06:59 PM
by acrajchel
7 3,023
3 Applications or 5...
stansg1fresh
02-18-2013 12:02 PM
06-24-2016 06:48 PM
by acrajchel
2 1,377
Checmial Applications
acrajchel
06-24-2016 06:44 PM
06-24-2016 06:44 PM
by acrajchel
0 38
Ybravo 25 mowers
SGL1
06-11-2016 09:52 AM
06-21-2016 03:44 PM
by acrajchel
5 279
Great Arborist Ladder
SGL1
06-04-2016 09:56 AM
06-17-2016 08:46 AM
by SGL1
10 371
Help a Brother Out -...
Hedgemaster
01-23-2012 04:19 PM
06-17-2016 08:28 AM
by SGL1
94 34,431
Best Push Mower You Have...
markty
05-14-2016 03:46 PM
06-17-2016 06:08 AM
by SGL1
20 837
anyone interested in a...
GoGreenerKS
06-16-2016 01:00 PM
06-17-2016 02:58 AM
by SC93
4 162
Prolin
rmccutchan
05-21-2016 04:53 PM
06-16-2016 05:28 PM
by acrajchel
3 319
Laying new grass, Sod...
WarriorLandscapingCAN
05-23-2016 10:07 AM
06-16-2016 05:27 PM
by acrajchel
2 310
Is it too late?
Cpadgett
05-28-2016 09:10 AM
06-16-2016 05:24 PM
by acrajchel
6 424
Upgraded to a new mower
Stevenor92
05-17-2016 08:17 PM
06-16-2016 05:22 PM
by acrajchel
9 534
How can I fix my...
WarriorLandscapingCAN
06-10-2016 07:47 PM
06-16-2016 05:19 PM
by acrajchel
2 221
Need a lil help
Cpadgett
06-05-2016 09:51 AM
06-16-2016 05:17 PM
by acrajchel
5 350
help with sole...
greenbuds
03-24-2016 12:21 PM
06-16-2016 05:01 PM
by acrajchel
4 9,742
New Member from...
tiptoppmanager
06-15-2016 07:39 AM
06-15-2016 03:18 PM
by SC93
2 161
Say Hello !!!
Steve
03-19-2007 11:18 AM
06-14-2016 08:16 AM
by poppyanne
1,252 437,920
Brand new fish pond
Flynn landscaping 2016
06-12-2016 09:53 AM
06-13-2016 11:21 AM
by Steve
1 140
Whats up??
Cpadgett
05-27-2016 10:57 AM
06-06-2016 08:46 PM
by Cpadgett
11 497
New Member from Texas
NathanR
06-02-2016 06:13 PM
06-03-2016 09:17 PM
by SC93
7 319
Edging Fad...
Tree geek
05-10-2016 11:29 PM
06-03-2016 07:02 PM
by SGL1
3 488
To mow weekly or Biweekly
WarriorLandscapingCAN
05-11-2016 04:09 PM
06-03-2016 06:42 PM
by SGL1
11 766
Your Time Lawn Care
yourtimelawncare
05-31-2016 01:12 PM
06-02-2016 10:11 PM
by SC93
2 283
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 07:13 AM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 07:13 AM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy