Why lease a Commercial Coffee Machine?
So you’ve made the decision to purchase a Commercial Coffee Machine but the question is; are you going to buy or lease? A big decision, one not to be made lightly.
Take a look at this handy guide to help you to figure whether business leasing the right path for you.
How it works:
Firstly, you need to decide on which machine you would like and how long you would like to lease it for. We have found that 3 – 5 years are the most popular lease terms for commercial coffee machines.
Then, based on you and / or your business credentials, we will provide you with a quote which will include your service level agreement and information about your monthly lease payments.
If your business meets the necessary criteria, it's simple obtaining a lease. Coffee Seller has established close relationships with some of the largest and most flexible leasing companies in the UK over recent years. As a result, we are now able to accept leases that other companies have been unable to including operating leases for local education authorities.
In our experience, established Ltd companies of 3 years or more are more likely attract lower lease payments when compared to new start-ups and or sole traders
Set up costs:
As with all commercial leasing, there is a one off set up charge which is normally around £100 - £150.
What happens at the end of the lease?
When your lease is due to end, the lease company will write to you to remind you that the lease is coming to an end and as long as you cancel the agreement the rentals will cease.
The title of the equipment belongs to us but you can purchase for the equivalent of one month’s rental plus a small admin charge
However most of our customers upgrade their equipment at maturity or even prior to the end of the agreement it’s that flexible.
Benefits Leasing:
- Full service contact can be arranged for whole length of agreement
- Straight forward budgeting – lease from as little as £1.50 per day
- Reduced tax liability on your profits as lease rental payments are 100% tax deductible.
- Leasing allows you to preserve your working capital.
Whether you choose to lease or buy your commercial coffee machine, coffee seller offers a huge range of machines available to suit your business needs.
Contact us today to discuss the best options for you and business