Restaurant Equipment Leasing Companies
Potential financers include local and national banks alternative lenders and captive lessors.
Restaurant equipment leasing companies. Staying on top of the competition is often a matter of upgrading a restaurant s kitchen supplies and service. As such by leasing equipment and deducting the full purchase price you essentially get free usage of your equipment for over a year. To make sure that leaseq has restaurant equipment finance programs for every organization that wants to lease kitchen equipment leaseq is working with dealers the leading restaurant equipment finance companies and kitchen equipment finance experts to provide a broad spectrum of services for organization wanting to lease. Tally the total for the lease over the price of a new piece of equipment.
Cit bank offers loans and leases for restaurant equipment point of sale terminals construction equipment commercial vehicles and computer hardware and software. Compare leasing and buying new and used equipment. Restaurant equipment leasing and finance. You may be able to secure up to 500 000 with only an application while larger financing amounts up to 1 000 000 would require additional documentation and financial information.
The other challenge is that there s a little bit of a gray area many totally legit companies ask for a commitment fee of a few hundred dollars to cover costs of underwriting for example if you were leasing used restaurant equipment and an inspector had to be sent out to look at the equipment before approval and will happily refund those. Corporate equipment acquisition financing or leasing allows you to take possession of equipment quickly while preserving working capital for other strategic purposes. Will they deliver it and set it up usually most companies will do this. We re here to help you with restaurant equipment financing and leasing to take your business to the next level.
Banks think that deal size is beneath them and apparently the restaurant owner too. Typical comments we hear from restaurant equipment suppliers. Guaranteed lowest price save today on restaurant equipment lease financing. Leverage equity with a secured loan you can take advantage of the equity in your existing equipment or use newly purchased equipment as collateral.
A start up restaurant or one with poor cash flow may have trouble getting business equipment but there are lenders and leasing companies that will work with you in less than ideal situations. How often will the company service clean the equipment. These are the three main options you have when buying equipment for a new restaurant. Specialty commercial restaurant equipment leasing and financing.