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(855) 333-6468
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(855) 333-6468
Do you need to upgrade your oven or replace a broken freezer? Mint Financial Group understands that restaurant equipment are core to the operation and scalability of the business.
There are two options when it comes to equipment financing; leasing and purchasing. The latter involves making a commitment to own a piece of restaurant equipment and making monthly repayments to your lender after securing the item. Alternatively, you can explore the equipment leasing option, whereby you temporarily own the equipment for a specified period as per your leasing agreement. Equipment financing can also boost your credit score as long as you make your payments on time, and you honor the lending agreement.
When your business needs a certain piece of equipment to get started or reach the next level, a small business equipment loan could be the right choice. This is especially true when you don’t have cash on hand to purchase the piece of equipment up front. You can use the proceeds of business equipment financing loans to purchase almost any kind of business equipment, from computers to cars and anything else your business may need.