Boilers on finance

[Raj]

Hi all,

i want to offer my customers finance on new boiler installations. Can anyone advise me on how I'd go about setting this up for myself?

Thanks
Raj

 

[oz-plumber]

Sure..

What terms will the loans be over - 3,6,9,12 or more months?

Will you be financing the loans yourself or will you be borrowing money to finance the customers finance?

 

[A1P]

Like many tradesmen I get calls from companies offering to provide this service.Obviously there is a charge involved and from what I have heard there are a number of hoops to jump through.Am I reading your post correctly that you want to do a DIY version?! Either way,I think it is more for companies rather than sole traders.If customers mention the possibility I suggest they research the difference between this and paying for it upfront.If this the only way they can or want to do it ,they are not my sort of customers.

 

[PlumbBobBob]

I believe you have to be a licenced credit broker but I may be wrong on that.

 

[SimonG]

I think I remember reading that on here before Steve.

OP, do a search on the forum, it's been covered before.