Why should I choose equipment leasing?

There are a number of reasons why equipment leasing is a much better alternative than paying cash for new catering equipment.

Here are the main reasons why:

1. Rather than using your hard-earned and precious cash, pay for your equipment over the term of its useful life. This makes repayments much easier to budget.
2. Leasing agreements often have minimal or no deposits.
3. Start using your new equipment immediately, rather than when you can afford to buy it.
4. By using Operational Expenditure (OPEX) you can write off the total amount of your leasing agreement against corporation tax.

AFE Group Ltd and Time Finance have complied this helpful Guide to Catering & Bakery Equipment Leasing to assist end users in reaching an informed decision as to how they may consider investing in new catering equipment assets for their business.

Time Finance also provides you with a number of extra benefits that you may not receive with other leasing companies, including:

1. Agreements are very simple to arrange, and you often get an answer within 24 hours.
2. Choose the terms of repayments to suit your own business.
3. Clarity regarding end of lease from the start. Choose between flexible options at the end of the contract, upgrade, keep using the equipment or simply return it.
4. We currently operate with a 92% acceptance rate.
5. New start catering businesses and restaurants given real consideration.
6. Over 30 years combined industry experience.