Not-for-profit kitchen equipment leasing allows organizations with specific needs to obtain the necessary equipment to function at their best. Since not-for-profit kitchens often serve a large number of customers, equipment replacement is often necessary. When you combine that fact with the financial limitations that most not-for-profit organizations operate within, it is easy to see how the advantages of leasing play perfectly to these situations.
In most not-for-profit financial structures, options are limited. Often, these organizations operate on a tight budget. Further complicating matters is the reality that these organizations can find themselves serving a high volume of customers. This creates a high demand for quality equipment in the kitchen. High quality equipment needs and low cash flows make the purchase of this type of equipment a difficult proposition. Leases give you flexibility in this situation by structuring that financial obligation in a low monthly payment.
If you think that a lease might give you the options you need, you can ask your dealer to contact a lease agent or head over to LeaseQ for a free instant quote. The process is completely free and is designed to give you the information you need. A leasing professional can help you understand all of the available options and how these options can impact your current situation. The entire process takes two minutes to complete, and while there is a credit check involved, it will not adversely impact your credit profile.
High volume kitchens encounter replacement and updating needs with regard to their equipment, and not-for-profit kitchens are no exception. Ovens can break down. Refrigerators and coolers can stop functioning when their motors burn out. Dining room furniture becomes worn and insufficient over time. This poses a financial problem with any restaurant business, but if you run a not-for-profit organization, these problems are magnified by your available cash flow. Leasing your not-for-profit kitchen equipment is an easy solution.
Not-for-profit kitchen equipment financing bring other advantages as well. For example, along with the monthly payment that makes budgeting easy, periodic costs such as installation and maintenance are often rolled into the lease. These represent additional costs that will not pose any threat to your finances while you lease. If you think that purchasing is the best option, rest assured that you can always opt to take ownership of the equipment at the end of a lease.
This buyout option usually costs one dollar and gives you complete ownership of the equipment you used. On the other hand, this equipment is returnable at the end of the lease agreement as well. Flexibility like this is a hallmark of a lease agreement, and a contributing factor to the popularity of leasing in this environment.
To see if you qualify for not-for-profit kitchen equipment leasing, click here for a free quote.