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  1. #1
    Member Freshman Undergraduate
    Join Date
    Jul 2017
    Location
    Oklahoma City, Oklahoma
    Posts
    1

    Cool New member from Oklahoma

    Hello everyone,
    My name is Sooner John and I am a brand new member planning to conduct business in the state of Oklahoma. I'm really excited to have access to a forum in which I can get advice from professionals in our industry. I recently obtained by business license and I am now in the process of obtaining the equipment I need to work on pressure washing jobs.

    I have some questions and I hope I can get some good information to steer me in the right direction. I am trying to purchase about $20k in equipment (a 16 foot trailer weighing 8,000 lbs. with two hoses, generator, etc.). I'm dealing with a finance company which is requiring a 20% down payment. I have extremely strong credit, but was told since this is a new business they cannot waive the down payment requirement.

    Did anyone have else have this kind of hurdle when getting started? Does anyone know a company that can finance 100% of needed equipment? I understand the down payment is risk-based but I also have other things to spend money on like an insurance policy (liability & equipment protection), a truck to haul the trailer, and general items I will need for the business.

    Any advice would be greatly appreciated and I look forward to hearing from some of you. Thank you.

    Sooner John

  • #2
    Assistant Deans 7000 PLUS POSTER Doug Rucker's Avatar
    Join Date
    Apr 2010
    Location
    Porter, TX
    Posts
    7,490
    Welcome aboard John...have not heard of that....I've never financed equipment before but maybe others here have and will chime in.
    Doug Rucker-Call or text 281.883.8470
    http://cleanandgreensolutions.com
    http://cleanandgreensolutions.com/co...ding-cleaning/

    The views I express on this website are those of mine alone and do
    not necessarily reflect the views of
    any other person, company or organization


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