Posted by admin | Posted in Solar Power | Posted on 19-02-2010
Tags: solar panel quotations
Solar Panel Quotation
Short term loans (4-6 weeks) for materials!?
I am looking for a short term loan (4-6 weeks), I have been to my bank and because I have not been the best customer in the world and have been working self-employed they wont accept me for a loan!
The loan is for supply of materials, for a Solar Photovoltaic system the total turn over of this project is £10,936.75 with an estimated profit of £2,200. Unfortunately the manufacture of the panels, inverters etc will only accept prepayment for the first couple of orders and I don't have £8,700 spare!
From ordering to delivery will be 4 - 6 weeks, and have stipulated that full payment on delivery of goods on my quotation.
Can any one point me in the right direction of what I should/can do?
I have a letter from the client accepting my quote and to order the materials and has asked me to quote him on another couple of systems for different people/organisations. I know the client well and he is not the sort of person to play funny buggers when paying.
Unfortunately, if the relationship you have with your bank is not sufficient to enable them to loan you the money, you aren't going to get nearly as warm a welcome from another bank. So, banks are pretty much out of the question.
For that amount of money, you *might* be able to max out credit cards... if you have enough credit cards.
A "payday" loan is out of the question, as you are talking about 1500 GBP max... and they expect to be paid back quicker than a month and a half.
So... it looks like you are stuck with finding a financial backer. Either a Venture Capitalist looking for a quick return on their investment, or family members who wouldn't mind a bit of profit. And this is what you must realize... that since YOU don't have the money to finance your operation, anyone you go to, to get the money *IS* going to expect to make a profit from you using their money.
So, first accept the fact that *YOU* are not going to see the estimated profit of 2200 GBP. You might get lucky with the right backer, and you might see half of that. get that into your head. Accept it. Now, with that fact engraved in stone, start hitting up all your relatives, and friends of relatives. You are offering a return of 1100 GBP on a loan of 8700 GBP over 6 weeks. That's roughly 13% interest.... over a month and a half. That's almost putting you in the Loanshark category.... er.. being able to go to a loanshark.
That's about your best bet, considering your financial situation.
end of line
Brick, Stone & Timber Built Barn Conversions Insurance
There's no such thing as a standard barn insurance policy. Each insurer offers varying levels of cover and different exclusions. A best and standard barn insurance policy is converting from a disused barn to a stylish and exclusive family home. Barn insurance also protects your outbuildings from things like fire and flood. Barninsurance UK provide standard Insurance for barns underwritten by certain syndicates at Lloyds of London and are administered by Woodbrook Underwriting Agencies Ltd. Barninsurance.com can help turn your outbuilding or barn into a dream home.
Barninsurance UK provides the following coverage:
Barn insurance divided in two sections: buildings and contents. In our policy building are defined as the personal residence built of brick, stone or Timber and roofed with slates or tiles. Our Stonr built barn conversion insurance and offers an unbelievable and uncommon opportunity to obtain a character property which has been tastefully and carefully designed to retain many original features and give a perfect balance against luxury and stylish fixtures and fittings. According our policy contents are defined as household goods and personal property, within the home. These are you property and you are legally responsible for these.
Barn insurance usually covers damage caused by:
• Accidental Damage
• Flood
• Subsidence
• Heavy Storms
• Fire
• Smoke (but not smog)
• Heavy Storms
• Vandalism
• Identity Fraud Protection
Buildings cover also includes:
• Accidental damage to oil pipes
• Underground supply pipes, sewers, drains and cables
• Rime damage to fixed water tanks
• Falling aerials and satellite dishes
• Breakage of fixed glass, solar panels
• Loss of rent due to you and temporary accommodation costs up to 10% of the sum insured for Buildings
• Architect’s and Surveyor’s fees
• Anyone buying your home until completion of sale etc.
Contents cover also includes:
• Property in the open up to £250
• Impermanent elimination to certain other premises in the United Kingdom for up to 20% of the sum insured for contents
• Accidental damage to televisions, audio and video equipment
• Breakage of ceramic hobs, mirrors, fixed glass in furniture
• Lease you have to pay or temporary accommodation costs up to 10% of the sum insured for contents
• Deadly injury caused by fire or burglars up to a maximum of £10,000 for each insured person over sixteen years of age
• Substitute of locks following theft or loss of keys up to £250
How settle Your Claim at Baninsurance.com:
Our barn insurance only narrates to only those sections of the insurance which you request and we agree to insure. We provide best and standard services to you at a reasonable cost. In our barn insurance policy we will pay the occupied cost to repair or replace the loss or damage. The good amount insured is sufficient to cover the full cost of rebuilding the home. According to our policy we will pay the cost of reinstating the article as new as long as you have paid or we have authorized the cost of substitute.
What's not covered?
When you get a barn insurance policy read it and find out exactly what is and is not covered. If any damage caused Fire, Flood, Heavy Storms and Heavy Storms etc are not covered - this is considered maintenance, and is assumed to be the responsibility of the homeowners themselves.
Some important tips for best barn conversions:
• Check the barn’s planning status
• Don’t buy until you have planning permission
• Check to see if it’s listed
• Consider additional costs
• Maintain the barn’s character
• Make sure it’s ‘convertible’
• Set a budget
• Employ barn conversion specialists
• Arranging barn conversion insurance
We provide professional services for barns and up to 45% discount off your premium on your own online barn insurance quotation for Brick, Stone and Timber built barn conversions which also contains Grade I and Grade II listed properties. Get your best barn insurance policy now at barninsurance.com in affordable cost. Find out more information about our barn insurance policy visit on www.barninsurance.com
About the Author
Barn insurance UK provides insurance for barns, Brick, Stone and Timber built Barn Conversions insurance
Why are we not using them......4 Shipping