Originally Posted by Mimowerman
Grow one step at a time, establish a rapport with a credit union or local bank . Once you have a relationship with them they will be more apt to lend money. Get and use credit cards responsibly . Finance thru manufacturers. or sheffeild, ge finance ect.
Offer Pre-Pay options to your customers tis spring !
PM me if you would like to speak more about business ... Im a young business owner(21) also ... with a good credit score lol
I would agree with this.
When I started I was using a 21" Honda and some box store hand helds. I upgraded to a honda trimmer and edger when my craftsman trimmer died (not that I need to tell you but they make great hand tools for the money, but power tools aren't their forte). When I decided to do this legally I financed a brand new 36 Wright stander RH through yard card and a paid cash for a brand new 16' trailer. In hindsight the trailer was a good purchase, the mower a bad one. They "custom built" my trailer w/ an adding side gate, which is a great set up and I'm glad I had it done-it wasn't something I could easily buy used. I wish I had just paid cash for a low hour walkbehind instead of buying new stander. I realize this isn't ultra helpful, but I could have achieved the same results with a $1500 used mower and would have been debt free in the same season. Then I could have bought another larger used mower with cash or cash + credit.
If you can't get a loan through the bank try to finance 1 mower through the dealer on a longer term to keep the payments low. Use that mower to make mad cash on all those properties and look for a used dump trailer &/or another mower that you can buy with cash.