Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss
Donations Welcome
0 views
Skip to first unread message
Matthew Macrae
Nov 19, 1999, 3:00:00 AM11/19/99
to
I have been looking to raise £35.000 to buy a fishing boat to fish of the
north west coast of Scotland with out much luck. If you can help please
email mat...@scotquest.com
north west coast of Scotland with out much luck. If you can help please
email mat...@scotquest.com
Matthew MacRae
Nick Davies
Nov 27, 1999, 3:00:00 AM11/27/99
to
Matthew Macrae wrote in message
<814mud$aa4$6...@nclient13-gui.server.virgin.net>...
Detail:
Set up costs:
Down payment on boat and equipment. (You'll need to find this
yourself)
Revenue from business.
Sale of product: realistic maximum and minimum values, based on
the days spent at sea, stating previous experience of fishing, catch
size and market price
Other revenue streams, such as rental to tourists
Expenses of business:
Salary
Fuel
Service costs
Replacement of equipment
Insurance
Subtract one from the other to get surplus revenue, and use this to
calculate:
Loan repayment schedule, including suggested interest rate. Your
loan will be secured by the boat itself so don't use a rate for an
unsecured loan. Find out the going rate for a marine mortgage
and use that, or a midpoint of several.
Show this to a few bank managers. If they like the numbers you'll get your
money.
Nick Davies
0 new messages