>
>
John Paul Getty, the oil tycoon said to be the richest man in history, once remarked: "If it appreciates, buy it. If it depreciates, lease it."

Leasing for a beauty business

Having approached us for finance to help grow her business, a customer returned to us after 12 months, asking if we would finance more equipment to continue growing her salon.

The item in question was a U225 intradermal injector and accessories, costing £12,500. As she was a direct customer we asked her (as we do with all direct customers) to source the supplier and equipment and come back to us for the finance.

Within a few weeks she came back to us saying the machine she had seen was coming from France (even with export and shipping costs is was less expensive and a newer model than the options in the UK).

As we do not make international payments, we found a solution by giving her a short-term loan. The equipment would take six weeks from date to order to be delivered, so we gave her an eight-week loan (to allow for unexpected delays).

The agreement was she would pay back the interest and other charges for the loan at the end of the eight weeks, then the capital would be used for sale and leaseback of the intradermal injector.

Rivers Leasing plc

Amba House, 15 College Road, Harrow, HAI IBA

Telephone: 0208 424 8262

All calls are recorded for training, monitoring and security purposes.

Registered in England. Company number: 07376100.

NACFB Patron
FCA Registration

Rivers Leasing plc - FRN 736080

Rivers Leasing is authorised and regulated by the Financial Conduct Authority.

Data Protection

Rivers Leasing's Data Protection Registration Number is Z2995314.

Read our Privacy Policy.

Rivers Leasing is a subsidiary of Rivers Finance Group PLC.
Top