Reports published in 2009 by International Trade Administration on Hotel and Restaurant Equipment, showed that more than 500 companies in the United States alone are leasing restaurant supply companies. You can imagine that this number of restaurant supply financing companies has increased over the recent years. With that in mind, filtering all these companies in order to find one that is suited to your needs can be quite a challenge. This article will provide you with tips that will help you make a good choice.
Other than the usual factors to put into consideration such as price and quality of customer service, it is important to pay attention to the quality of products offered by a restaurant supply company. If you decide to make a cash purchase of the products, you should get value for your money. There is no point in spending less money on poor quality material, only to end up spending the extra money you thought you had saved doing repairs; or worse, purchasing new equipment.
Shipping policies of the company should be another factor to consider. What is their return policy and shipping costs? The payment option provided by the company should be secure. The store should have Secure Socket Layering (SSL) which ensures your personal information is transmitted safely.
Making a cash purchase on restaurant supply is in itself a good idea but only if your business is established and is raking in a significant amount of profit. Leasing on the other hand has its advantages.
One of the advantages is that the restaurant will always be updated on the latest equipment. Suppliers are more than willing to give you the latest kitchen gadgets or computer because they are eager to please you and prevent you from looking for another supplier who is more updated.
You can easily get a lease because vendors are willing to give you a lease with minimal credit checks. In addition, you can easily get an equipment lease without having to make a large down payment.
If you have a seasonal business, then restaurant equipment financing is a good option. Seasonal businesses may include summer camps, ice cream shops and temporary establishments in tourist areas and resorts.
Restaurant equipment financing should not be a painful and slow ordeal. The process should be fast and free and the lease should keep your monthly costs low. The lease should offer you a variety of financing options such as returning the equipment at the end of the lease or a $1 payout.
LeaseQ provides a great source of instant quotes from leading finance companies. The process is very fast because it takes only two minutes to complete. You can visit the website as many times as you want to compare quotes and find a lease that is suitable for you. There are no sales representatives so you are in control.
To see if you qualify for restaurant supply companies, click here for a free quote.