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Classified Ads => Wanted => Topic started by: Prosperi-Tees on July 12, 2011, 10:33:44 PM
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Ok my bank just shot me down for a new automatic so I am wondering if anyone has an inexpensive automatic in good working order in the California area? All brands considered. You can email me at gerry@prosperitees.org Thanks
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Did you look into Lending Club yet?
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check out don fenno at reliable technologies..1888.2918116
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Call Brown Mfg. Sometime they has used autos.
http://www.brownmfg.net/ (http://www.brownmfg.net/)
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Did you try a lease option?
More apt to get a lease than a flat out loan.
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Keep an eye out for an American Auto-Rototex. (preferably the second version with air)
Can't say enough for those presses. Many modern conveniences with a very low pricetag.
There's also this:
http://sfbay.craigslist.org/sfc/for/2491470313.html (http://sfbay.craigslist.org/sfc/for/2491470313.html)
But I don't think I would take one for free. If all you need is something to push
a squeegee for you there you go.
Get an old cheap (American or M&R) machine to get you into the auto game and go from there. You'll
be trading up sooner rather than later.
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Gerry, does Denco in Fresno have a screen printing sales rep (Concord used to have a great one)
Tim. later with Screen Printing Products, was knowledgeable, and since he had a sales route, he was also on top of local shops' equipment needs and when they needed to get rid of old stuff to make some room.
Local suppliers can be a gold mine for this purpose.
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Check out an old precision oval. I've heard you cannot knock those out of registration.
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It's also not impossible to find for free, or even be paid to haul it away.
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We're fast approaching this point as well and I've been mulling over a fancier, bigger used machine v. a simple, smaller new one like an Anatol Titan, etc.,, but one thing to consider regarding your bank loan-
most lenders consider equipment assets at half the value you purchased them for, even used equipment that's actually worth more than it's purchase price by the time you install it.
That's been a big frustration for me. I know where our equipment assets stand in real, cash terms of what the gear is worth but the bank doesn't see it that way and wants to mega-collateralize the loan by undervaluing everything.
Consult with them to see how your purchase is going to effect what they need from you in terms of equity remaining in the company. Remember, it's not about common sense and the actual value of what you buy to them. From their perspective it's about covering their asses on the loan and having something valuable enough to put a lien on to ensure this. I know, in our case, this is going to dictate what type of machine we get, for better or for worse.
Then again, most lenders don't know, care or give a flying one about the specifics of your company and your purchase so you could just call that used press a "re-manufactured" model or something.
What type of loan did you pull? I'm looking hard at the SBA 504 (I think that's the number) where the SBA guarantees 40%, you pay 10% down and the bank covers the other half.
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Oh, and with that SBA 504 loan they allow projected growth to be factored in to the decision making process it sounds like. Just an fyi for those interested.
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Ok my bank just shot me down for a new automatic so I am wondering if anyone has an inexpensive automatic in good working order in the California area? All brands considered. You can email me at gerry@prosperitees.org Thanks
I think Inkman might have something for you.
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I tried Lending Club they "pre approved" me at 22%
Geneva was 21%
I am just trying not to get raped. I understand I have not been in business long but I feel they are taking advantage of the situation. I have a 680 credit score and bought a car last year at 6% so 18-22% is hard to swallow.
I have seen some precision ovals around California for sale for between 3-6K. Are these things workhorses? I found a American Rototex for 2K but its on the east coast and freighting and setting it back up would kill that deal.
I will have to talk to someone at Denco - great suggestion Frog!
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I tried Lending Club they "pre approved" me at 22%
Geneva was 21%
I am just trying not to get raped. I understand I have not been in business long but I feel they are taking advantage of the situation. I have a 680 credit score and bought a car last year at 6% so 18-22% is hard to swallow.
I have seen some precision ovals around California for sale for between 3-6K. Are these things workhorses? I found a American Rototex for 2K but its on the east coast and freighting and setting it back up would kill that deal.
I will have to talk to someone at Denco - great suggestion Frog!
It depends on how you want to define "workhorse"
For standard reg jobs, a good quality hammer is key ;D
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crazedlist.org
Search for rototex or something specific like that.
Was a guy in southern oregon had one for $1000 or less.
Setting up is easy, real easy.
Take one of those over an Oval any day. No offense Oval guys.
Though it might suit your shop better depending on your floorspace.
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my shop is about 20 ft wide by about 40 ft long. I kinda like the idea of the oval since they are hydraulic operated (chain) is that right?
I will have to research the Rototex more. Are parts available for either the Rototex or Precision Oval?
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Rototex is going to be nearly all local hardware store/McMaster Carr. And aero-inc.com will have the rest.
I know there's some things on the oval's that are hard to get. Hell, pallets and squeegees for one. Rototex
uses American (Multiprinter, etc) pallets and M&R squeegees.
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Ok the research begins on American Rototex and Precision Oval. Should be fun.
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Ok my bank just shot me down for a new automatic so I am wondering if anyone has an inexpensive automatic in good working order in the California area? All brands considered. You can email me at gerry@prosperitees.org Thanks
I think Inkman might have something for you.
I would not mind having that press but they would have to be the banker and I am sure that wont happen.
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Check out an old precision oval. I've heard you cannot knock those out of registration.
Had one, printed 1 job on it and sold it. Kinda of a bummer because I was excited to have an auto and it made my shop look more professional to the customers but it was a real POS and a PITA.
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5 Color Rototex on DS but its the furthest away it could be in New Jersey! lol
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Bet you'd find someone to haul it over for 1K. You can teardown/setup yourself if need be.
Literally 4 bolts per head and pallet.
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What about an old javelin? They are tanks, totally rebuildable and can get you started.
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The only reason I ever stayed away from Javelin's is non-standard accessories
(pallets, squeegees, floodbars), the V-Squeegee and that they are all air.
Rototex is all electric except the choppers/index fork. Viva Rototex!
To the OP, there was a guy in the Bay Area that had one awhile back, see if
I can find him.
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or
talk to the manufacturers of the equipment you are looking to buy. Most of them are working with somebody that will finance the equipment. Also since they know the equipment and the business better, they are more likely to approve.
think new car and used car lot. New is always easier to get and the interest rates are lower!
pierre
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The only reason I ever stayed away from Javelin's is non-standard accessories
(pallets, squeegees, floodbars), the V-Squeegee and that they are all air.
Rototex is all electric except the choppers/index fork. Viva Rototex!
To the OP, there was a guy in the Bay Area that had one awhile back, see if
I can find him.
Yea v-squeegees kind of suck, and all air means big compressor and noise unless you get a screw.
Standardizing accessories on a tight budget wouldn't matter to me, but like Pierre said, if you can talk to the Manu about some more reasonable interest rates the definitely go for new, no reason to add someone else's problems/bad habits to your learning curve if you can avoid it.
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I have no idea where this is....or how old it is.... But sounds like a helluva price.
http://www.signweb.com/forum/for-sale/6-color-1-station-rototex-manual-textile-printer-850 (http://www.signweb.com/forum/for-sale/6-color-1-station-rototex-manual-textile-printer-850)
Cancel that.....I guess it's a manual
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That lawson appolo could be a good machine...i would check that out.. I personally would not be and dont think you will be happy with a old precision or rototex. a MULTIPRINTER? MAYBE. The thought of a good cheap auto is exciting but the set up times and flashing on a oval is a real PAIN, squeegie pressures on the americans will be a daily battle. the novelty will quickly wear off. someone suggested a tuf javlin(great press) if your serious, 22% is really not that bad considering the payback.. you will save the 22% in set up times and test shirts. i have been down both roads(several times..lol) get the right equipment and start making money..just my .02
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If all goes well in the next day or so, I will have a nicely maintained gauntlet for sale, CHEAP. . we have this thing back to mint too. . .runs like a champ.
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unfortunately, you're too far from me.
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If all goes well in the next day or so, I will have a nicely maintained gauntlet for sale, CHEAP. . we have this thing back to mint too. . .runs like a champ.
CHEAP? I like the sound of that! PM me
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That lawson appolo could be a good machine...i would check that out.. I personally would not be and dont think you will be happy with a old precision or rototex. a MULTIPRINTER? MAYBE. The thought of a good cheap auto is exciting but the set up times and flashing on a oval is a real PAIN, squeegie pressures on the americans will be a daily battle. the novelty will quickly wear off. someone suggested a tuf javlin(great press) if your serious, 22% is really not that bad considering the payback.. you will save the 22% in set up times and test shirts. i have been down both roads(several times..lol) get the right equipment and start making money..just my .02
I hear you about not worrying about the 22% but I am still only part time at this so it makes me nervous. I have eyed that Lawson for a couple months now and it makes me nervous that part of the press is in one spot and the other parts are in another.
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I tried Lending Club they "pre approved" me at 22%
Geneva was 21%
I am just trying not to get raped. I understand I have not been in business long but I feel they are taking advantage of the situation. I have a 680 credit score and bought a car last year at 6% so 18-22% is hard to swallow.
I have seen some precision ovals around California for sale for between 3-6K. Are these things workhorses? I found a American Rototex for 2K but its on the east coast and freighting and setting it back up would kill that deal.
I will have to talk to someone at Denco - great suggestion Frog!
Those are high rates for sure. Probably your time in business is what is killing you there and the lower credit score.
I would look at waiting a bit and trying again or just saving up. Paying 22% is hard to swallow.
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Careful with the ovals and multiprinters. I scrapped one of each a few ys ago because I could not in all good consciousness even give them away. Parts and service difficult. Having worked for Precision I can honestly tell you they definitely can be knocked out of reg. Especially if there are no rear locators. If the pins on the chain are skewed (common) then your SOL. You will not be able to find a new chain.
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If the bank turned you down and Lending Club is at 22% they are considering you a high risk. In today's economy there is a lot of that going on. It is not that Lending Club is trying to screw you or anything but that they use the same algorithm for everyone and it is all based on debt to income ratio.
I have spent the last year rebuilding the "cheap" Javelin I got. Haven't had a lot of time to work on it however it has also been money sitting there. I ended up using Lending Club to get some cash out since things have been slow. My rate wasn't near that high but it was higher than the bank but a lot easier and no prepayment penalty like leasing.
If I had it to do over again I would set my goal for what printer I wanted and figure how much work I need to do over and above what I am currently doing to reach the goal in a year. Then I would determine how much of that I can do myself and how much I would need to farm out then start busting it. 22% now or save for the next year and no interest. Even at 22% if it will increase your productivity how fast could you pay it off? That 22% is a 3 year loan but if you double up on your payments you won't end up paying as much over the term. That being said 22% is high and I would come up with an alternate plan before you jump in.
I tried Lending Club they "pre approved" me at 22%
Geneva was 21%
I am just trying not to get raped. I understand I have not been in business long but I feel they are taking advantage of the situation. I have a 680 credit score and bought a car last year at 6% so 18-22% is hard to swallow.
I have seen some precision ovals around California for sale for between 3-6K. Are these things workhorses? I found a American Rototex for 2K but its on the east coast and freighting and setting it back up would kill that deal.
I will have to talk to someone at Denco - great suggestion Frog!
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That Lawson Apollo can be had really cheap but it is taken apart and the guy said it may need a few nuts and bolts. Also found a Chapparal Auto Eight in good shape and in operation, may be to big for my shop. My shop is only 20 ft wide.
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there is enough stuff out there right now to be able to find a good machine pretty cheap.
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Say I can get the Apollo for under 2K. I am not sure just guessing but what do you think it would take to get it in top working order assuming it needs it? Any Lawson owners in the house?