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Commercial Leasing & Finance
Investing in quality catering equipment and supplies is the key to success. However, this can be a pricey affair. When the budget is tight or you simply want to free up some essential funds, commercial leasing is a great option.
Here we offer a simple step by step guide to the leasing process.
Choose your equipment and add to your shopping basket
To qualify for leasing your order must be a minimum of £1000 exc. VAT
Select the lease option and fill out all relevant information
This is where you can decide on the length of lease that works for your business
Longer lease term = lower monthly repayments
Lower monthly repayments = higher total repayable cost
Do you want to make a deposit? This isn't required and the application can be completed without one. The monthly rental repayments will be calculated based on whether a deposit is paid and how much is paid
Submit the application and wait for your answer
Acceptance may be shown instantly on the screen when applying via the website's instant finance feature
Alternatively, further details may be requested. This may include permission to check further business details. A representative from the leasing company will contact you directly for extra information
When the lease application has been confirmed, documentation will be sent out
Once all correct documentation has been signed and returned, we will release your goods
When delivery is accepted, the lease term begins
Your first direct debit payment will typically be taken 5-7 days after delivery
Continue to make easy monthly repayments for the duration of the agreed lease period
One month before the end of the lease term, the client must write a letter to the leasing company to terminate the lease. A final payment will secure the client's ownership of the equipment
The catering equipment is all yours
Got more questions? Check out The Truth About... Commercial Leasing in The Kitchen Think!