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Finance Companies


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Posted

GE Capital are behind a lot of the store cards. 30% apr. kerrching

Also, none of the competitive concerns involved with credit cards

Posted

just checked, seems still part of same.

at 30% seems silly taking risks in manufacturing.

note also car firms prefer to sell with finance than cash (boycie excl).

Posted

Ah, thats different soz. you dont need licence as an introducer. he was only supplying leads not signing them up.

prob with doing that is the guy signing up the finance will earn far in excess of the money firm makes for fitting it.

eg

GE is a huge yankie firm with global assets, make stuff from aero engines to power station plant, medical (now even electric planes).

they started offering kit and financed customer purchases themselves. got so big on finance side they started GE capital ended up financing stuff they didnt make toboot. finance side offset losses in manufacturing during downturn times, boosted profits in good times.

dunno abt setup now (think seperate entity) but at one point far more money out of finance than the manufacturing.

Thanks H, will look at some of the Finance / Lease companies & see what I can come up with. Don't mind them making the profit on Finance as long as I can refer customers to them & have more chance of getting the Installs, Gave the low values as there is a lot more of that type of work in Wales at the moment than the High value stuff. Thanks for sticking with me.

Thanks to all of you Guys who've provided advice on my query, it's appreciated. Have a few companies to look into so hopefully will find a good 1.

Andy :)

Customers Love us, Intruders Hate us.

Posted

Don't think you'll see anywhere i've said that, thought that was why I asked for comment in the first place & got some sensible answers. I did'nt ask for peoples sarcasm & prejudice .

lol, i'll send your dummy back in the post.

I was only joking matey as far as the last post goes.

As for the pauper comment, that is a fact.

pau·per/ˈpôpər/Noun

1. A very poor person.

2. A recipient of government relief or public charity.

Posted

lol, i'll send your dummy back in the post.

I was only joking matey as far as the last post goes.

As for the pauper comment, that is a fact.

Chav: A Young White Male Teenager from a White Working Class Background.

Customers Love us, Intruders Hate us.

Posted

I never said you were a chav, i asked 'if' you were :lol:

You said I lost you when I said thank you, look at the definition & then at my reply & you will know what I meant.

Customers Love us, Intruders Hate us.

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