Best company to finance zero turn through

Discussion in 'Business Operations' started by GSLC, Mar 13, 2013.

  1. jrs.landscaping

    jrs.landscaping LawnSite Silver Member
    from Maine
    Posts: 2,715

    :drinkup: Not a problem
     
  2. MSS Mow

    MSS Mow LawnSite Senior Member
    from Maine
    Posts: 448

    Kubota has 0% on most if not all of their Zero turns right now.
     
  3. rockymtnnut

    rockymtnnut LawnSite Senior Member
    Posts: 284

    How are you saving 4000 by paying cash?? Zero percent is zero.. It usually cost about 300$ to get the "zero percent" i agree to be debt free but thats cheap money.
    Posted via Mobile Device
     
  4. rockymtnnut

    rockymtnnut LawnSite Senior Member
    Posts: 284

    Im sorry i misread your quote. Financing is a part of every business disciplined financing is a part of every Successful business. My first zero turn nearly added 40% productivity to my work. The sooner i had it the quicker i made money. As a business owner you have to build your credit. credit is a necessary asset to any business. even debt free companies have credit.
    Posted via Mobile Device
     
  5. CollegeMowers

    CollegeMowers LawnSite Member
    Posts: 119

    Sure their is good debt and bad debt. Their are circumstances where you can use the money to leverage growth. Especially in circumstances where their is a 0% interest rate and you can use that money to buy equipment to up productivity or spend on growth mediums.

    However, I see way to many guys going out and buying new **** on credit and think its extremely foolish. One scenario was Green Planet Inc (Bend, Oregon) went from start up to 14million annual revenue in just 3 years here. They financed all of their gear and when the housing market crashed/ work dried up and they didn't have money to pay for their fancy gear and went out of business.

    Every other landscaping business in town got a hell of a deal on pretty much new gear when that happened :).
     
  6. jrs.landscaping

    jrs.landscaping LawnSite Silver Member
    from Maine
    Posts: 2,715

    I'm sure the owners walked away with a nice salary when it was all said and done.

    I do agree though, too many guys leverage everything so they can have the "best of the best" to start, when they don't have the income to support their new debt/operating costs.
     

Share This Page