Skip to content
Restaurant Equipment - Free Freight
Restaurant Equipment - Free Freight

The Ultimate Guide to Restaurant Equipment Financing

The Ultimate Guide to Restaurant Equipment Financing for Restaurant Owners

Low Monthly Payments that range from 12 – 60 months and ensures the best fit for your business. Get equipment by submitting the credit application now and pay for it later in small, manageable payments. Earn money before payment is due. Keep lines of credit open for emergencies and use our financing to help build business credentials. Most businesses can potentially deduct 100% of the total equipment costs through Section 179. Another option is a Merchant Cash Advance or Business Line of Credit.

Financial Benefits

An Equipment Lease is based on your purchase price, not your valuation. Our goal is to help you pay the lowest possible monthly payment by leasing your new equipment. While your sales may fluctuate throughout the year, you will be able to make your monthly payments throughout the entire year to help you pay for it over time. This is the best way to acquire long-term new equipment in this industry. Lease payments will be less than what you would otherwise pay for financing. You will be able to pay off the lease and have the piece of equipment. It's not unusual for dealers to work with their clients to have a six month to one year lease, providing them an opportunity to make a more informed decision at the time of sale. We may provide a line of credit up to $100,000 for your business.

Down Payment Options

Over 90% of the time we can arrange for a 3 month plus, 3 month interest free pre-payment. If you have a good credit score, we can arrange to pay for your equipment in monthly payments. No down payment and interest paid monthly, all paid back over time, with no fees. Property Tax Payments A lot of our clients take out their business name, address and property taxes with us. So when they are ready to purchase equipment, we are already pre-paying all these important items. We have the money in the bank. In fact, we own the equipment. This helps to alleviate all the hassles with the IRS, the landlord and local business license offices. Assets Protection Flexible payment terms and asset protection through financing makes us the choice to most restaurant equipment financing companies.

Credit Requirements

Get approved quickly and beat the competition by being approved and underwriting deals through three of the largest carriers. Get a real money way to show off to customers and employees and prove to investors and lenders that you are serious and capable of keeping customers and employees satisfied. Quick Works First Use Cash in Minutes Do you want to show the customer you mean business and don’t want to keep any of their money? Quick Works allows you to deposit hundreds of dollars into your bank account in minutes, without having to go anywhere. Get cash in your pocket today Get Quick Payments Now Pay for your purchases and collect payments later with the highest cash advance interest rates and low, fixed payment schedules with easy underwriting. Don’t have a cash line of credit?

Loan Fees

Loan interest is determined by your loan counselor on an independent basis. Your loan fee schedule will be based on the terms of your loan. Interest rates range from 12 – 60 months. Businesses will have a 15-year tax and payment plan. Loans are available through approved credit unions and commercial banks. Check with your local lending association for guidelines. High Credit Score Required Complete and Submitted loan applications must have a minimum credit score of 640. The higher your credit score, the easier your loan approval will be. Credit agencies provide a Lenders Guide to Credit Scores. Shopping Centers Loan Reviews Have shopping center vendors lined up? Check our Shopping Center Loan Reviews to see what rates are available and what they offer.

Monthly Payments Financing Solution

$16,200 in restaurant equipment estimated lease to own monthly payments.
  • 24‐month term: $761.07*
  • 36‐month term: $514.94*
  • 48‐month term: $399.97* Best Option 

*Lease rates are subject to change and credit approval. Lease option applies to qualifying equipment only. Note that Sales Tax is not included. 

Interest Rates

We offer monthly payment options that range from 12 – 60 months with a variety of interest rates depending on your loan length. Consider getting equipment financing if you want to make monthly payments but you may not want to put a sizable down payment on equipment. Equipment financing is typically good for businesses with a $1 million sales goal or less.

Equipment Types

We finance the right equipment for your needs. We have financed many types of equipment. It is difficult to list all the types we have financed, so here are a few that are commonly found in restaurants:

  • Refrigerators
  • Freezers
  • Sandwich Prep Tables
  • Pizza Prep Tables
  • Ice Makers
  • Deep Fryers
  • Char-broilers
  • Griddles
  • Ranges
As the restaurant and food truck industry becomes more competitive, a restaurant's and food trucks chances of staying in business and being profits decreases.

Conclusion

Ready to get the most from your restaurant equipment? Restaurant owner need to start by asking your lender questions. See what it is that you need. Which financing programs and tax deductions is the best fit your business cash flow?
Previous article Atosa MBF8002GR 52-inch Two Door Commercial Freezer

Leave a comment

Comments must be approved before appearing

* Required fields

Restaurant Equipment Blog Rosts

  • Griddles
    May 24, 2024 SEAN KEARNEY

    Griddles

    Want to expand your restaurant's cooking abilities? Look no further at our Griddle website! We have the best Atosa commercial griddles to provide the finest dining experience. From breakfast to dinner, we have it all!
    Read now
  • Refrigerators
    May 24, 2024 SEAN KEARNEY

    Refrigerators

    When it comes to running a successful food business, refrigeration is a must. Whether you're preparing food in bulk or just keeping some perishable items fresh, a commercial refrigerator and freezer can make all the difference. These appliances come in many different sizes and styles to suit the needs of the restaurant, cafe, or convenience store. To complement your commercial coolers and freezers, you can also get sandwich prep and pizza prep with refrigerated storage space and work space. This can give your business a practical solution while keeping your restaurant hand sink area clean as well. Investing in commercial refrigeration can help you keep your customers happy and your profits high.
    Read now

Commercial Refrigeration

Shop Restaurant Equipment