Financing Your Bounce House Business Costs
Many bounce house sales companies offer financing through a loan service. Be careful about the terms of such deals. The fee and interest rates can often be higher than you might pay by getting a small business loan or even purchasing using a credit card.
Some bounce house sales companies will allow you to purchase on a monthly payment basis. This allows you to use the income earned from your bouncer to pay as you go. The terms will vary according to the company you are working with. They will not advertise this possibility, so you must ask if they will make this arrangement. Most bounce house manufacturers are backorder up to 6 months, so they might not feel the need to help you in this way. You may pay a little more for the bouncer under such an arrangement.
It's also possible to start your business by purchasing a used bounce house. If you do this, you shouldn't agree to the sale until you have seen the equipment. Some companies turn over their inventory every 2-3 years while there is still a lot of use from the bouncer. You can usually get used bouncers for half the price of new. |