- Ability to spread the cost into manageable monthly payments
- Option to own after the lease period ends
- Able to afford a better model than you would be able to if you bought outright
- Option to upgrade if your circumstances change
- No upfront costs
- Lease payments are tax deductible
- Avoid spending a large amount on the wrong coffee machine
- Tech support and servicing from a company you know and trust
Spread The Cost Into Manageable Monthly Payments
The main difference between leasing and renting is that at the end of the lease period you have the option to of ownership, meaning it retains its value within your business. Renting, on the other hand, does not give you an option to own and is usually more expensive than leasing over longer periods of time. We don’t recommend renting if you require a bean to cup machine for longer than 2 years. However, renting can be a better option if you only wish to have a commercial coffee machine for a short period of time. Leasing is essentially a form of loan, where you pay off the cost through monthly instalments. Purchasing a coffee machine for the office, cafe or shop can be a daunting prospect as they often come with a pretty hefty price tag. However, investing in one is a significant addition to any business. A commercial coffee machine lease allows businesses to spread this initial cost into monthly payments, which makes measuring the return on your investment much easier. With no upfront costs, other than your first month’s payment, leasing is great options for small businesses and startups.
No one likes parting with large sums of money. By avoiding the large upfront costs associated with buying a commercial coffee machine, you are able to free up money for other business investments or for access in a cash-flow emergency. Leasing enables you to budget better with predictable monthly costs. It is also a tax-deductible business expenditure, whereas purchasing an espresso machine outright is not tax deductible. Leasing enables you to easily work out of your monthly outgoings and income so you are always on top of your finances. Leasing is usually cheaper per month than renting and allows you to keep the machine at the end of the lease contract.
Get The Right Commercial Coffee Machine
It is sometimes difficult to know which option will best suit your business requirements, with various types of models, different daily capacities and capabilities available. You don’t want to spend loads purchasing a coffee machine for the office, shop or cafe only to realise later on that it was the wrong choice to make. Our reviews-based website allows you to read the reviews left by other people in the same sector as you on a variety of bean to cup machines, espresso machines, filter coffee machines, and hot drink vending machines, allowing you to make an informed and confident decision that is right for your business. Additionally, our helpful staff are also always on hand to provide any advice you require and point you in the direction of a vendor who can find your perfect match. Leasing gives you a certain level of flexibility to upgrade that you don’t get when purchasing upfront. It can be hard to predict changes in your business. If you experience unexpected growth, leasing gives you the option to adjust your lease payments to upgrade your commercial coffee machine, therefore meeting your increased volume. If you were to buy a certain model, you may find yourself needing to buy another one only a few years later due to changes in circumstance.
Afford A Better Model
By spreading the cost into small affordable payments, leasing enables businesses to choose better commercial coffee machines than they otherwise would have been able to afford had they bought outright. Being able to invest in a superior model, you are able to provide a finer coffee experience with better taste quality, a wider selection of drinks and more capabilities. By affording one of a higher quality, you will receive a more reliable and robust model. Coffee is a serious business these days, and you need either a bean to cup machine or espresso machine that is capable of meeting the high standards set by coffee drinkers. A filter coffee machine just won’t cut it now; people expect frothy cappuccinos, rich mochas and velvety lattes at home, at work and on the go. By being able to invest in a more expensive model, you will have more options to choose various high-tech features such as one-touch cappuccino makers, LED panels, touch screen displays and mobile app technology.