48 days ago

The pitfalls of financing assets through a dealer

Speirs Finance

Dealers or sellers of capital equipment will often offer you a finance solution when you are looking to buy their gear – while this can provide you with the benefit of dealing with less people it may also mean that you end up with a finance structure that is not optimal for your business and that could be detrimental to cash flow.

In most cases Dealers are generally offering finance as a tool to sell you one of their assets – offering finance enables them to retain control of the sale, stop the buyer from going to a competitor dealer for a similar bit of gear, and reduce purchasing barriers. In many cases it will provide additional income from the finance, or in the event of discounted interest rates, reduce the discount they would normally have to provide on the asset being purchased.

More messages from your neighbours
14 days ago

Free fitness in Auckland Domain...

Sarah Moore from Froot Camp

If getting fit is on your 2022 'to do' list, join Froot Camp!

Froot Camp is a completely free bootcamp running in Auckland Domain - a great bunch of people who love to have a laugh while they sweat. We train three times a week and every session is different (so you'll never get bored).

Here's what you need to know:
- it's FREE! (Froot Camp = Free Bootcamp!)
- we train at 6pm on Tuesday and Thursday and 9am Saturday
- we meet at the back of the Museum
- all fitness levels are welcome
- all you need to bring is a good attitude and your water bottle

Questions? Ask below!

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1 day ago

Are you happy about the loss of 8,000 planted native seedlings?

Todd Niall Reporter from Community News

Kia ora Neighbours, A contested decision by politicians on the Upper Harbour Local Board to mow down 8,000 native plants and young trees, could bring a hefty bill. Council staff reject that there was a mistake in the planting, and now there could be a big bill. What do you think ?

7 days ago

Odd Jobs?

Kyle from Auckland Central

I'm a writer, its taken me 2 years but I'm almost finished. Just run out of money, I'm dying for some nicotine and sugar so I can focus on finishing this last stretch and get a proper full time job while I publish it. If you needs the dishes done, bathroom scrubbed, or any other chores, make me an offer. I am a massive cat person and have house sat before. If there's anything else let me know, I may be able to help.