Restaurant Equipment Financing
Purchasing commercial kitchen equipment outright can drain your working capital fast. Restaurant equipment financing lets you acquire what you need with affordable monthly payments, keeping cash available for operations and growth.
Fincap offers flexible financing solutions for restaurants across Canada. New or used equipment, fast approvals, and terms tailored to your business.
Why Lease Restaurant Equipment?
Leasing lets you equip your kitchen without a large upfront investment. Instead of tying up capital in a single purchase, you spread costs over monthly payments and keep cash available for daily operations.
Key benefits:
- Preserve working capital : Keep cash flow healthy for payroll, inventory, and unexpected expenses
- Tax advantages : Lease payments are typically deductible as business expenses in Canada
- Flexible terms : Choose payment schedules that match your restaurant's cash flow
- Access to better equipment : Get the commercial-grade machines you need without waiting to save up
- New or used : Finance the equipment that fits your budget, whether brand new or pre-owned
Learn more about the differences between operating and finance leases
How Does Restaurant Equipment Financing Work?
Getting financing for your restaurant equipment is simple. Here's how the process works:
- Choose your equipment : Select the kitchen equipment you need, new or used, from any supplier or dealer.
- Submit your application : Fill out our online form with basic details about your business and the equipment you're looking for. It takes just a few minutes.
- Get approved : Our team reviews your application and gets back to you within 24-48 hours.
- Receive your equipment : Once approved, funds go directly to your supplier. You get your equipment and start making fixed monthly payments.
What Types of Restaurant Equipment Can Be Leased?
We can finance an extensive list of restaurant equipment. For example:
- Pizza oven
- Rotisserie
- Electric Ido
- Food steamer
- Cold room
- Ice Machine
- Cellar
- Dishwasher
- Chef basics
- Display stand
- Automatic peeler
- Electric stove
- Fryer
- Slicer
- Ice cream machine
- Slush machine
Typical Terms and Conditions
Why Choose Fincap for Your Restaurant Equipment?
Fincap specializes in financing for the food industry. As an independent broker, we work with over 25 lenders and financial institutions across Canada to find the best option for your business.
- Tailored solutions : Custom payment plans designed for your cash flow and equipment lifecycle
- New and used equipment : Finance the kitchen equipment you need, whether brand new or pre-owned
- Industry expertise : We understand the restaurant sector and guide you through every step
- Fast approvals : Submit an online application and get approved within 24-48 hours
- Competitive rates : Access to multiple lenders means better options for you
FAQ
1. How quickly can I get approved for financing?
Most applications are approved within 24-48 hours. Once approved, funds are sent directly to your equipment supplier.
2. What credit score do I need to qualify?
There's no fixed minimum. We work with businesses at various credit levels and can often find solutions even if traditional lenders have turned you down.
3. Can I finance used restaurant equipment?
Yes. We finance both new and used kitchen equipment, as long as it meets basic condition requirements.
4. Are lease payments tax deductible?
Lease payments can offer tax benefits for businesses. We recommend consulting with a tax professional to understand how leasing may reduce your tax burden.
5. How can I preserve my cash flow with leasing?
Leasing spreads your equipment costs over monthly payments instead of one large purchase. This keeps working capital available for payroll, inventory, and daily operations.
Get Started Today
Ready to finance your restaurant equipment? Submit an online application and get approved within 24-48 hours.