Finance and Leasing

If you’re setting up a commercial kitchen then one of the biggest costs you’re going to face (besides securing a property) is investing in the kitchen equipment. Depending on the size of the operation you’ll be running, you may need tens of thousands of pounds’ worth of commercial cooking equipment.

This is a huge investment and buying all of this from scratch can mean it’s a long time before you see any profit. This kind of initial investment can also put you under pressure from the outset, meaning you’re always playing catch up. However, there is another way.

Finance and leasing options are available to help you get up and running and they don’t come with the same pressures as having to find the money from other sources. Leasing, in particular, is a great way of getting access to state-of-the-art kitchen equipment without having to find the large sums of money to make purchases.

Leasing preserves working capital, meaning you don’t have to shell out all the money you have just to get started. This means you have cash free to help the business grow over time and you’re not all in from the start. Leasing can also help you with budget control, with leasing payments remaining fixed over the full term. It also means you don’t have to scrimp or make compromises on the equipment that you need from the outset. You get access to what your business needs from the beginning. In addition, there are also tax benefits from leasing equipment, which can help to bring down your tax bill.

If you would like to know more about leasing then you can get in touch with a member of our team to discuss your options using the form below. This is an essential tool for working out budgets and establishing whether you have a viable business idea without the pain of investing large amounts of capital.