The restaurant industry is notoriously challenging, with varied sales, high overhead costs, and slim profit margins. Restaurant owners regularly need quick access to cash; financing could make all the difference for those with less working capital.

What is Equipment Financing? 

Equipment financing is a loan sought to purchase or lease equipment for your business. 

As a small business owner, you likely had to delay the purchase of the equipment you wanted to save costs when starting your business. With equipment financing, you can finance the full cost of equipment. Imagine what your restaurant could do with the proper equipment.

Upgrade Your Technology POS Systems 

Leverage technological advances to improve operational efficiency and expand your business.  It may be time to consider newer payment options for your clientele. Ditch traditional bulky registers and opt for hand-held mobile devices that can bring payments directly to your customer’s table. Our clients have also seen great progress with upgraded inventory systems, such as digital systems that track sales and manage inventory, POS systems, testing out online delivery, and ordering systems.

Purchase High-Quality Kitchen Equipment 

Finance new, top-of-the-line equipment such as ovens, refrigerators, and cooktops. Replace old equipment with newer, more efficient equipment that can help reduce utility costs while promoting sustainability. 

Alternative financing options from lenders like ShoreFunding Solutions can help your small businesses get quick access to financing. Equipment financing is great for quick, fast, and accessible funding made for small businesses.