Business Borrower

[Image: EPOS]

EPOS

Year Established:
04-03-1990
Bigcarrots member since:
17-11-2009
Number of CCJs:
0

Business Summary

Businesses Credit Rating
  • 3/5 Stars
Affordability
  • 3.55/5 Stars
Strength
  • 4.5/5 Stars

EPOS FIRM EXPANSION (Immediate Fund)

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Loan Purpose
Business Expansion
Loan Amount
£5,000.00
Loan Term
18 Months
Target Interest Rate
10.00 %
Progress Bar
0%

£0 from 0 offers

Listing Ends
03-08-2010 5:32:31 AM (5 days)

Company Profile

For what purpose is the company borrowing
We want to increase our sales as in the credit crunch there are less new customers coming in through the door, we wish to launch a off the peg solution for smaller businesses and we are near to completing this, we are always looking to adapt and change to keep ahead of the game.
Why I think it is affordable
We have good sales results for the last 4 years, but the last 6 months sales of bespoke software have gone down, however we get decent income from the maintenance and support contracts that we have in place so we can afford the repayments.
What the company does
We develop and maintain electronic point of sale equipment and software.
Brief company history
The Directors starter this by creating sfotware to rival the high street but at affordable prices, many normal packages can cost £50,000 upwards but our packages tailored made start from £2500.
No.of Directors
3
No.of Employees
8
Why support my business
We always pay our debts on time and have several contracts that we have already completed, we have many customer testimonials showing what good service we give.

Business turnover and Business Costs

Annual turnover
190,000.00
Net Profit
104,580.00
Gearing %
2.08%

Business Summary

We want to increase our sales as in the credit crunch there are less new customers coming in through the door, we wish to launch a off the peg solution for smaller businesses and we are near to completing this, we are always looking to adapt and change to keep ahead of the game.

Lending offers

Lender Amount Rate Date Status
No Listing Offers available

ANY QUESTIONS?

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  1. No Listing Questions available