SMART, SIMPLE & FAST FINANCING OPTIONS
Get the Equipment You Need Now, at a Price You Can Afford
p>Have you been putting off upgrading your restaurant equipment, because you just don't have enough money for it right now? Do you have an idea for starting a food service establishment, but you are not sure if your budget will cover everything? Effective cash flow management is one of the most important elements of a successful business, large or small. That is why at Lauro Restaurant Equipment we offer flexible financing solutions for a large selection of new and used restaurant and commercial kitchen equipment, even for small businesses.
Reasons to Apply for Restaurant Equipment Leasing
GET THE EQUIPMENT AND CONSERVE CAPITAL
Get the equipment you need now, and preserve your cash and business credit for the future necessities of your business, day-to-day overhead or unexpected expenses.
APPLY EASILY ONLINE
When you find the equipment you need, you can apply online through the secure Lease Application Form on our website from your home or office.
QUICK DECISION
You will get a credit decision for the maximum amount you can finance almost immediately. No financial reports or tax returns needed.
MINIMAL UPFRONT PAYMENT
The standard lease program only requires one advance payment and the documentation fee prior to the start of the lease. That means you will start making profit with your new equipment much faster.
FIXED & AFFORDABLE MONTHLY PAYMENTS
Your payments are fixed regardless of what happens to the market tomorrow, making it easier to accurately predict the impact of equipment expenses on your cash flow.
100% TAX DEDUCTIBLE*
In most cases you can deduct the entire amount of the monthly payment as an operating expense. In some instances leasing allows you to deduct 100% of the cost of the equipment financed during that tax year from your taxable income.* Which means you will use the equipment for free for over a year.
*Terms & Conditions may vary depending on the specific situation. Financing provided by TimePayment.
Equipment Financing vs. Other Payment Options
Equipment leasing is a smart alternative to purchasing for business owners on a budget. See how lease financing compares to other payment options:
CAN I... |
LEASE |
BANK LOAN |
CASH |
Acquire the equipment without a substantial upfront cost? |
✔ |
× (Banks require a large down payment) |
× (Full payment required) |
Claim tax benefits and deduct payments? |
✔ |
× |
× |
Get approved quickly without extensive financing statements? |
✔ |
× |
(Full payment required) |
Protect credit lines and preserve cash for other business expenses? |
✔ |
× |
× |
Plan an easy and affordable equipment upgrade? |
✔ |
× |
× |
How to Apply?
Step 1
CHOOSE YOUR EQUIPMENT
Browse through our large selection of new and used restaurant equipment and find the equipment you need for you business.
Step 2
APPLY IN MINUTES
Click "Apply Now" next to the product you would like to lease or go directly to the Lease Application Form. Fill in the application in minutes and the financing approval process starts immediately.
Step 3
COMPLETE EVERYTHING ONLINE
Discuss the terms with the financing representative and sign the agreement online. After completion of documentation, your equipment will soon be shipping to you.
Step 4
ENJOY YOUR NEW EQUIPMENT
Start using your equipment immediately for a fraction of the cost of a purchase, and the equipment pays for itself as you use it.