Coffee Machine Leasing Finance
Whether you’re a small coffee shop. a pub, hotel or restaurant, purchasing a new state of the art coffee machine can be a considerable expense.
Coffee Machine Finance Options
It is often not practical for most businesses to purchase their coffee machine outright with cash, with prices generally in the region of £5000 – £10000 it is a significant cash outlay.
Some businesses may choose to rent the coffee machine, especially if they are unsure whether they have the future demand to justify the costs of the machine. However most will enter into some sort of lease agreement with their coffee machine, especially with flexible end of lease options which may include handing the machine back, upgrading, extending the lease term or even ownership for a small additional fee (depending on terms of lease).
Why use Leasing to finance Coffee Machines
Using leasing finance to finance Coffee Machines and other Catering Equipment has several advantages.
Using leasing means that you can finance the equipment over the useful life of the equipment and then when it is repaid you may choose to update the equipment to something newer.
The repayments are fixed for the term of the facility meaning that you can have certainty for the period of the facility.
Your business has the competitive advantage of using a brand new coffee machine without the need to wait and potentially loose custom to the competition.
Terms of generally between 3 and 5 years.
Business Finance Direct – Coffee Machine Finance Specialists
Over the years we have worked with several catering establishments and helped them to finance the equipment including coffee machines, they need to run their business successfully. We have worked with Coffee Shops, Restaurants, Cafes, Pubs, Hotels and other hospitality venues.
In addition to our many years of experience, we also have access to an extensive panel of lenders who specialise in providing finance to businesses in the catering sector who are financing coffee machines and catering equipment.
Get in touch with us today and let us help you to finance your coffee machine.