FAQs

Yes. Leasing is one of several commercial credit facilities available to fund equipment for food service operations.

Interest rates on all commercial loans are individually offered after an assessment of the application by the lender.

Operators without financial documentation may be assessed based on personal financials or may use a broker to source no documentation lenders.

Operators can select from Chattel Mortgage, Lease, Rent-to-Own and Commercial Hire Purchase to fund catering equipment. The most suitable option depends individual objectives and accounting method of the business.

Subject to lender approval of the application, commercial financing can be secured for the full purchase price of the goods.

Subject to approval of the individual application, multiple pieces of equipment may be packaged into the one loan.

Interest rates and loan terms and conditions can vary for new and used goods.

Yes. All types of equipment classified as business assets may be purchased with finance.

Most commercial financing is approved with the equipment as the sole form of security.

A balloon is an option with Chattel Mortgage and Commercial Hire Purchase finance.