Currency formerly currency capital is an aggregator of equipment financing offers for restaurant owners.
Restaurant equipment leasing rates.
Purchasing new restaurant equipment can be expensive especially if you re opening a brand new restaurant if you ve ever had sticker shock from replacing an old item or buying a new one outright you may have wondered if it would be better to lease restaurant equipment.
Leasing equipment is almost always a better option when you re opening a new restaurant because of the high failure rate of restaurants.
First capital business finance leading providers of restaurant equipment financing.
With our creative methods for restaurant equipment financing it s easy to update your entire restaurant to keep your business hopping at all times.
Equipment priced less than 100 000 usually comes with a higher finance rate anywhere from 8 to 20.
Best restaurant equipment leasing companies.
Call now 888 565 6692.
If you have any questions regarding restaurant equipment leasing financing or if you plan to get a loan for your restaurant business feel free to reach trust capital at 866 458 4777 to discuss all your startup restaurant equipment leasing options.
Webstaurantstore food service resources blog.
If the restaurant fails after two years then you won t be stuck with long term payments on expensive equipment.
What are real restaurant equipment financing rates.
Get the best financing solution for you.
To pre qualify for a kitchen equipment lease takes only 2 minutes and the rates have never been better for restaurant equipment financing and kitchen equipment leasing.
Equipment financing rates are determined based upon the size of the lease your credit score and payment history and where your business is located.
Financing or leasing your equipment is a valuable way to enjoy the benefits of new technology without the heavy costs of buying your own machinery with cash from your pocket.
Let s go back to the example of 1 050 as a 5 year payment on 50 000 worth of equipment.
In order to get payments that low you usually need at least 3 years in business good credit both business and personal and a history of strong cash flows and profitability.
The costs and benefits of leasing restaurant equipment.
Equipment financing refers to a loan used to purchase business related equipment such as a restaurant oven a vehicle or a copier scanner.
