Coffee Equipment Financing
In terms of coffee equipment financing, it refers to the borrowing or leasing of coffee related industrial equipment for a business.
A equipment financing loan allows you to make monthly payments over the period of time you need to buy the equipment, much like an auto loan for a personal vehicle.
Equipment financing lets you take advantage of the ownership and If you want to keep using the equipment, you'll need to make regular payments. You are allowed to keep equipment at the end of the lease term.
Why Astrum Capital?
We provide equipment financing to purchase Commercial Coffee Equipment such as Coffee Roasters and Espresso Machine known as Coffee Equipment Financing.
With our business model we will make financing quick and easy for you without exhausting your valuable cash reserves. Thank us later!
Here are the Fundamentals of Equipment Financing:
- The funds can be used to purchase new or used equipment.
- The equipment is usually used as collateral for the loan.
- Depending on the lender, equipment financing for up to 100% of the cost may be available.
- The terms differ from lender to lender, but can range from 12 months to 5 years.
Benefits of Equipment Financing:
- 100% tax deductions on the equipment financed. (we encourage you to consult your tax advisor.)
- Application requires less paperwork and have a shorter turnaround time.
- Allow you to maintain cash flow without using a business line of credit or a credit card.
- The equipment financing rates are lower and more favorable than traditional loans.
- It is easier to qualify for equipment financing because the equipment itself serves as collateral.
