Get Competitive Restaurant Equipment Financing Rates in the Industry.
Get Competitive Restaurant Equipment Financing Rates in the Restaurant Industry.
We know that your time is valuable. The restaurant equipment search can be long and difficult, so Liberty Capital uses a simplified online application process to get you the financing that you need as fast as possible. Compared to traditional lenders, our advantages to you include:
- Up to 120% equipment cost
- 100% pre-funding
- Up to $250,000 with a simple one-page application
- Up to $5,000,000 with financial statements
- Next-day funding approval
- Approved Crane Truck & equipment vendors
- 12 – 60-month fixed payment terms
- No down payment required for qualified borrowers.
- Lowest Rates in the industry for qualified borrowers
- Eligibility for all new and used equipment financing.
- Will not appear on personal credit reports.
- No pre-payment penalties
We’ve provided Restaurant Equipment Financing for Franchisors who are mandated to upgrade such as kitchen equipment, chairs, tables, and lobby furniture, TV’s, A/C units, counters, and POS reservation systems. We are a direct lender that specializes in the hospitality market, so we can develop a customized finance solution geared to enhancing your property’s growth, image and bottom line.
Feature | Business Loans | Equipment Leasing | Equipment Financing |
Ownership | 50% | 100% | 100% |
Initial Costs | $0 | Low to moderate | Varies |
Monthly Payments | Monthly, Daily, Weekly | Monthly | Monthly |
Credit Minimum: | 500 | 600 | 650 |
Fund Disbursements | Client | Vendor | Vendor |
New/Used Equipment | n/a | Yes | Yes |
Maximum Term | 24 months | 60 months | 60 months |
Time in Business | 3+ years | Startup OK | Startup Ok |
Interest Rates | Moderate | Low | Low |
Application Only | $150K | $250K | S250K |
Broad Range of Restaurant Equipment Financing Solutions…
Whether replacing outdated or failed equipment, expanding, or simply taking advantage of an opportunity to surpass competition, Liberty Capital can create a solution that minimizes cost and maximizes return. Liberty Capital makes leasing FAST…. EASY…. FLEXIBLE. You can lease commercial kitchen equipment and much more when you turn to Liberty Capital to meet your business’s needs.
Restaurant Equipment Financing Options
Choose Between Equipment Finance Agreement or Equipment Lease for restaurant equipment:
Liberty Capital accommodates clients with to financing options that will yield very little working capital outlay.
- $99 for the first 6 months: Requires only $99 to start.
- 90-day Deferred Payments – $0 for the first three months
- Working Capital loans for short-term cashflow needs
- Fast approvals online application only up to $250,000, full financials above $250,000.00
- Other off-balance sheet financing – Fair Market Value, 10%
- Lease – “$1 buyout lease.”
- Terms from 12 – 84 months
These solutions typically involve two primary options:
- Restaurant Equipment Financing: Businesses secures equipment financing agreement for Restaurants in their kitchen, frontend equipment like chair, tables, displays and cases and freezer. These Restaurant kitchen equipment financing allow businesses to spread the cost of the equipment over time, making it more affordable for business owners with equipment financing.
- Restaurant Equipment Leasing: Leasing involves off-balance sheet financing in the form of Fair Market Value (FMV). During the lease term, the business pays regular payments to the leasing company. Payments is deducted 100%. At the end of the lease term, the business may have the option to purchase the equipment, typically, 10% or based on current fair market value. Or return the equipment or negotiate a new lease agreement for upgraded equipment.
Both financing and leasing options offer benefits such as preserving cash flow, avoiding large upfront costs, and providing flexibility in of consistently having an updated equipment. Additionally, financing and leasing solutions for equipment may include maintenance, installation, delivery, and service agreements.
Restaurant Equipment Financing for Startups and Established Companies.
So, if you want expand your restaurant operation, we can handle working capital, term loans, lines of credit and especially Kitchen Equipment Loan. If you’re looking for kitchen equipment or food truck financing, we can help you get that for your new or established restaurants. Apply now to get your business capital to grow. Call now 888-511-6223.
Even mom and pop restaurant owners know they could always use new equipment. Most restaurants owners maximized its revenue by expanding their establishment. You can be creative, but you are limited based on that location’s demographic and capacity. So, the solution is to expand. Most expansion means new location, taking over existing locations or even knocking down walls, building new ones or just leasing some well positioned location to maximize revenue. To make this happen, you will need capital. You can leverage your cashflow, or you can borrow.
Funding for equipment can be very useful on any stage. As you grow, even more crucial to get restaurant financing to preserve working capital. but you have built credit that second, third location will go smoothly with prior credit history. You now have a comparable credit you can use and show to your potential prospective lenders who wants to help only businesses at certain size. Once a restaurant hits 3 to 5 years in age, that’s when most lenders will feel comfortable to lend. Banks will consider 3 years and under start up. No matter, your credit will determine whether you can borrow as a startup restaurant or funding your future expansion.
Therefore, restaurant equipment financing has many benefits. It will save your business cashflow by financing depreciating assets. Avoid obsolescence and inflation buster. Don’t forget it builds asset for the business while benefiting from tax deductibility under IRS section 179 of these types of purchase. these types of equipment can be too expensive to buy, and anyway, they depreciate so fast. Equipment Leasing is the best way to go about it conserves cash and protecting from obsolescence. The best thing about Office Equipment Leasing is that you also enjoy tax benefits and the low monthly payment it affords you, same as the person that buys the equipment, most of these transactions will not appear on personal credit since it’s a business loan.
Whether you decide to lease, borrow, or buy out right, you will find yourself in need of an equipment leasing and financing is more easily accessible through your trusted funding source Like Liberty Capital. Cashflow is King once it’s paid you can’t cash out of business equipment. Fixed asset should not be paid w/ liquid cash. There’s no such thing as secondary equipment marketplace who will refinance your paid off equipment. Liberty Capital understands that it’s not just equipment financing it’s all about the cashflow.
Easier to get than a traditional business loan
Less paperwork
Fast processing time
Less stringent requirements for qualifying
No collateral needed, the equipment is the collateral
May require less credit score for you and your business as well
Are you a restaurant equipment vendor?
Restaurant Equipment Vendors. What part do they play?
We have utilized our years in business, experience in verifying and vetting restaurant equipment vendors, and formal resources to weed out vendors that are not well suited for our customers. To that end, we recommend looking for those who are reputable. We can get the vendor approve for you as well. To avoid fraud, we work with you to make sure your successful protected from unscrupulous vendors. Contact us quickly before putting any down payment to any vendors without verifying their history. We can do that for you!
Become an approved Liberty Capital restaurant equipment vendor? Click here to sign up. See our vendor programs and credit guidelines here. To download our vendor package, click here.
What type of restaurant equipment financing owners can expect?
What type of funding restaurant owners need to expand:
- Build-Out Capital: This type of funding is essential for covering the costs associated with renovating or constructing the physical space for the restaurant, including leasehold improvements, construction materials, interior design, and signage.
- Equipment Financing: Restaurant owners often require financing to purchase or lease equipment necessary for their operations, such as kitchen appliances, refrigeration units, ovens, grills, POS systems, and furniture. Equipment financing allows them to acquire these assets without depleting their capital reserves.
- Line of Credit: A line of credit provides restaurant owners with flexible access to funds to cover short-term expenses or manage cash flow fluctuations. It can be used for various purposes, including purchasing inventory, covering payroll costs during slower periods, or addressing unexpected expenses.
- Payroll Funding: To ensure smooth operations and retain qualified staff, restaurant owners may need funding to cover payroll expenses. This type of funding can help them meet their payroll obligations during periods of low revenue or when facing unexpected financial challenges.
- Inventory Financing: Restaurant owners rely on a steady supply of ingredients and supplies to meet customer demand. Inventory financing allows them to purchase inventory in bulk or maintain adequate stock levels without tying up their working capital. This type of funding is particularly beneficial for seasonal businesses or those experiencing fluctuating demand.
By leveraging these types of funding, restaurant owners can effectively manage their expansion plans, invest in essential assets, maintain cash flow stability, and position their business for long-term success.
So, if you want to expand your restaurant business, we can handle working capital, term loans, lines of credit and especially kitchen equipment, including cooler, freezers, tables and chairs all can be financed.
Restaurant Equipment App-Only Financing up to $250,000
One of the utmost necessities for a restaurant is its kitchen equipment. It’s imperative to ensure that operational equipment, which serves as an asset for the company, is well-maintained and kept current. Equipment loans or leasing are viable routes for expanding restaurants. Leasing offers numerous advantages, though they won’t be explored here today. One notable benefit of equipment leasing is the accompanying tax advantages, cashflow saving, inflation buster and safety from obsolescence.
If we can’t do it with one loan, we might have to break it up. Not all lenders are willing to put out exposure that high for restaurants. Some lenders will have up to $50k Max limit. Some up to $75k. Some up to $100k+. The younger the restaurant the lower the exposure. The lower the credit the lower the exposures they’re willing to expose themselves. Understand that restaurant is risky for lenders. Likelihood that restaurant will not be there for the full 5-year term is high. Be realistic. Get investor. Give up equity and Profit. Financing is different.
Get Started Today!
If you’re seeking a reliable funding partner for your restaurant equipment financing needs, apply online today or call our Funding Specialists at 888-588-4128 for personalized assistance. Let Liberty Capital Group, Inc. empower your business with comprehensive financing solutions tailored to your requirements. APPLY HERE
Our small business financing experts are available to guide you through the funding Process.
Despite technological advancements, loans, especially in restaurant equipment financing, predominantly involve personal interaction with an underwriter to ensure as fraud prevention. Automation may not suffice, particularly when dealing with a third party like the vendor and the complexities of equipment purchase. In such scenarios, business owners are often better served by collaborating with a Business Loans Broker like Liberty Capital Group, Inc., who can steer them in the right direction.
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