Paying for UK flight schools
Hi there!
Looking to start an integrated flight school, with an overall cost of around £95,000
I am hugely worried due to the volatile industry, if the flight school was to cease trading as seen in some schools around the UK recently.
The school take payments in around £20,000 instalments throughout the course which is below the £30,000 limit for section 75.
My question is, would each instalment be protected under section 75 in case the collapse of the company?
And would it be even possible to get a credit card, put on 20,000 and pay. Or does it not work like a debit card? Never had one!
Thanks