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Restaurant Equipment Leasing

Your Solution

Should You Pay Cash or Lease Your Restaurant Equipment

Restaurant equipment leasing offers cash flow management solutions to restaurateurs opening a restaurant.

In addition, to allowing you to use the least amount of your money for the purchase of equipment and keep more money in your bank account for cash flow - working capital reserves:

  • It helps you when you go to a equipment vendor, you are tight on cash and cannot buy everything you need, so instead you lease the equipment instead.
  • It helps you when you have the cash to invest, but instead would prefer to use the least amount to make a purchase.
  • It can help you get a small business loan at a bank, by breaking up the bank loan into 2 parts. The 2nd part would be getting a lease on the equipment, which would reduce the loan amount at the bank and help you qualify. ( apply now )

Why is Equipment Leasing Attractive?
Leasing is the modern tool used by business and industry to gain the use of equipment and furnishings. This method is employed more and more frequently because it eliminates large cash outlays required for outright purchases and allows these funds to be used for other investment purposes.
Ownership of equipment alone will not produce revenue. It is the use of equipment which is productive. When viewed from this perspective, leasing is frequently less expensive.

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Some advantages of lease financing are:
  1. Conservation of Capital:
    Cash remains untouched and available for other profitable purposes.
  2. Tax Savings and Improved Cash Flow:
    The full cost of leasing can often be treated as an expense deduction for income tax purposes and may result in a larger tax deduction than if you were claiming a depreciation expenses. This can mean substantial tax savings and improved cash flow.
  3. Better Terms:
    Lease payments usually can be extended at fixed rates over a longer period of time than conventional bank financing and without large down payments.
  4. Simplified Recordkeeping:
    One monthly rental covers the entire cost of the equipment.
  5. Easier Allocation of Cost:
    Costs of individual equipment or systems can be better analyzed, controlled and reduced because of direct allocation. No hidden costs.
  6. Leaves Bank Lines Untouched:
    Normally, a lender will not reduce a line of credit when equipment is leased. However, when the equipment is financed, it consumes available credit.
  7. Cleaner Balance Sheet:
    Lease payments may be entered as footnote items on a balance sheet and may not increase your liabilities as a loan does. This is important to obtain additional credit.
  8. Helps Overcome Budget Limits:
    Since a lease is generally treated as an expense rather than as a capital expenditure, room can often be created for monthly rentals.
  9. More Liberal Credit Criteria:
    In many cases, leasing can be completed when conventional bank or other financing may not be possible.

NOTE: We do not rent or sell any information to any 3rd party. All information acquired on this application is used only for the purpose of approving your restaurant equipment leasing business financing application.

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