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Topic: Vending Financing
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Have you seen the ads for vending machines with 100 per cent financing?
No money down!
These offers popup from time to time. If you look carefully at these deals you will see that you actually end up paying a fortune for the equipment. How quickly your new business becomes profitable is directly proportional to the debt you take on buying your first machines. If you lock yourself into a deal where you are overpaying, even with no money down up front, it will take you a long time to become profitable. And if your overhead is high you might not make it through some initial bad locations.
There are smart ways to get established vending routes with nothing down. We bought out some established routes with nothing down.
And there is even a way we discovered to get free machines. But, if you are looking at buying brand new machines in a "vending package", I suggest you do some more research.
Beware: zero down vending financing can be an easy way to pay way TOO much for your first machines.
If you would like to learn more about the vending business before you invest your hard earned money in vending machines I suggest you read a FREE report I have written entitled "Vending's Dirty Little Secret". To find out some information most vending machines salespeople don't want you to know click here to get the FREE report!
If you would like to read more about how Patti and I started off completely the wrong way and still built a profitable vending company click here- Rob Farnham (author of "Small Change, Vending Insider Secrets Revealed")
An actual owner/operator of a full line, full time vending business for many years!
Readers Comments
Hi Rob,
I had just went to a biz-op show here in Phx. Az.[which by the way was just that..["A SHOW"]...lol anyway when I heard what this guy wanted to charge for these inferior machines I almost chocked!!
Needless to say I did not stay for the completion of the "SOAK SHOW!" See I'm like you Rob,I like keeping my hard earned money in my pocket! So leaving a little dejected,I knew there was a better way.And lo and behold I came accross your website.
You said in your ebook exactly what I went through at the show and gave me the answers that I knew was somewhere out there.
Again much thanks,I'll keep you up to date on our success!!
Amy J ..(email on file)
Do you know the 3 Magic Questions to ask a "vending bizop salesperson" to find out whether they know what they're talking about? Do you know why it is so hard to find REAL information about the vending industry? Would you like to know a simple way to start a vending business with very little or no money (maybe even FREE machines)? To receive your FREE REPORT Vending's Dirty Little Secret click here..
Today's Vending Business Tip
Two Birds With One Stone!
Try to find people who can approve multiple locations when trying to place machines. Property management companies might respresent many apartment complexes. Some business owners have multiple locations. With one "yes" you can secure multiple profit centers.
Vending Financing