Bar equipment leasing provides the answers
If you’re in the bar business – or just getting into it – you have a lot of concerns when it comes to the equipment you’ll be purchasing. You need to juggle quality, cost, convenience and terms when deciding on how to obtain your equipment. Bar equipment leasing provides answers to all your questions. Once you’ve chosen your bar equipment, consider equipment leasing to free up cash for operations.
Quality of your bar equipment
Health concerns are always in the forefront when it comes to the food industry, so you want to be sure you have high quality bar equipment. Leasing your bar equipment allows you to choose from the newest models and brand names of a variety of equipment without the staggering initial investment of your capital.
Some types of bar equipment you can lease:
•Griddles and grills
•Credit card machines
•Computers and servers
Cost of buying all the bar equipment you’ll need
Your costs are a major factor in the concerns of starting or renovating a business. Leasing your bar equipment doesn’t affect your bank lines of credit, so the bulk of your capital is still free for other important costs. In addition, as bar equipment depreciates you’ll have the option of leasing new equipment without the hassles and expenses involved in removing your old equipment and purchasing new items.
Convenience of leasing bar equipment instead of buying
There are so many conveniences with leasing the only question is, which factor is most important? Is it the extra capital you’ll have for essential, and sometimes unexpected, startup purchases? Or perhaps it’s the freedom of leasing to update your bar without having to buy all new equipment? Or it may even be the stability of regular payments instead of the “feast and famine” that often comes with buying.
Terms of bar equipment leasing, and why Advantage works for so many business owners
Advantage’s bar equipment leasing process is faster, simpler, and often less costly than other equipment financing alternatives. In fact, our leases are always less costly than normal credit card lines. Read more about the advantages of equipment leasing on your cash flow, tax returns and capital availability, or for information on the quick and easy lease application process. For an instant quote, try our equipment lease calculator.