As with any financial situation, there are typically plenty of questions that come to mind as you navigate through the process, but we want to make it as easy as possible to find the answers to your questions. Below are a few of our most frequently asked questions, but if you have one that we have yet to answer, let us know.
We work with a wide variety of options and programs to allow for more qualifying options for leasing. The majority of our customers that inquire about leasing are able to get financed. Generally speaking, the main lease qualifiers are:
However, it's important to remember that we are able to work with a wide variety of situations. To see if you qualify, you should contact our team to see if we can help.
We have different leasing partners that we work with, and each of them have a different qualifying period. If you're working with Bill Me Later, they'll be able to tell you if you qualify within seconds. If you're working with QuickSpark, they're qualifying time varies.
Equipment being leased can be written off as a rental expense, which helps save over traditional deprecation methods.
The good news is that leasing doesn't require much of a down payment to get started. For most leasing options, the first and last month payment would be the only payment needed to secure the loan.
Your monthly payment will remain the same throughout the life of the lease.
We can work with you on finding the best payment options for your business. Some flexible terms that past customers have been able to take advantage of include 90 day deferred payments at the beginning of the lease, seasonal payments, and annual payments. Ask our team about additional payment options.
Yes you can, as long as it adds up to $1,000 or more; in fact, we have a smallwares team that will help you bundle everything together, at no extra cost to you, and our leasing team can help you get the funding needed for all of those smallwares (restrictions may apply).
Looking for other funding options for your restaurant equipment? Let's see if we can help with that.
Looking for credit options for your restaurant equipment that falls under unsecured, SBA, credit cards, or bad credit? Don't worry, we're not about to send you off to some scary financial institute that is less trusting than Aunt May's annual fruit cake. We want to learn more about your needs, and invite you to give our team a call at 888-388-6372 to see how we can help you with your leasing needs.
Fill out an application and a leasing agent will contact you to discuss a tailored financing solution based on your needs.
*Credit decisions are delivered back within 60 seconds. All declines are called to confirm if they fit into another program or have a co-signer.