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Restaurateurs: how to finance your equipment?

Restaurateurs: how to finance your equipment?

How to acquire catering equipment?

Saving time and money: this is the objective of all catering professionals when they buy new professional equipment. They need catering equipment efficient, quality and reliable. In addition, evolving standards requirements are added. regularly (in matters of hygiene, safety or the environment). The equipment of restaurateurs varies depending on the type of activity carried out: it may be traditional catering, a fast-food activity, a food-truck, take-away catering, etc. Cash registers, commercial freezer, meat slicers or laboratory equipment, cold rooms or still ovens require significant and regular investments.

Banks cautious in the catering sector

When it comes to financing needs, banks are often the first people to contact. think. However, they are very cautious about the catering sector, and more generally about that of the CHR. Following the installations of improvised restorers, numerous disasters have occurred these last years. The risk management policy of banking organizations has thus been reviewed. To obtain a loan, the restaurateur must demonstrate diplomas, notable experience, a certain seniority of its establishment and an excellent financial situation. Furthermore, he will need to make a minimum contribution of 30% and provide guarantees. Whatever the amount of loan requested, refusals are frequent.

Mattys Equipment worked out with Silver Chef to give you an easy way to finance your equipment:

Matty's Catering Equipment offers rent-try-buy for commercial equipment with silverchef. Don't put yourself and your business at risk. If you have a need for commercial hospitality kitchen equipment then Rent-Try-Buy has you covered. With no directors' guarantees, a minimal 12 month term and low weekly 100% tax deductible payments. It's the best insurance policy you can have!