START-UP RESTAURANTS: GET FINANCING FOR EQUIPMENT PURCHASES

Obtaining financing for new food and beverage businesses in the early stages can be extremely difficult. Using the Qlease.com Start-up Food & Beverage Service program is a way to ease some the concerns with adding important equipment now. “We recognize the challenge new restaurants have in securing the financing they need for important equipment” Jensen said. “This program is our way of saying we are here to help.” The SFBS Program requires higher quality credit and is for a maximum of $15,000 for equipment that has a serial number (exception made for furniture).

This program is specifically for Food and Beverage Service oriented businesses, such as bakeries, bagel shops, bars, brew pubs, cafes, coffee shops, catering businesses, delicatessens, candy shops, ice cream/yogurt shops, nightclubs and of course restaurants.

Certain tax advantages may also be a good reason to use the Qlease.com program for your next equipment lease. Using IRS Section 179 may allow you to take advantage of accelerated depreciation. Section 179 could be a great benefit come tax time; of course a tax professional should always be consulted before determining this.

Qlease.com is a full service commercial equipment leasing and finance company. Qlease.com has the ability to approve “A, B & C” Credits as well as Start-up Businesses. Qlease.com has aggressive rates for every deal. Getting approved can be as easy as filling out the online application. Visit www.Qlease.com for more information or call 888-236-1012.