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Disposables
Leasing the catering equipment you need is a smart financial move. It offers the convenience of hiring new catering equipment products whenever you need them without using up your capital.
This flexibility frees you from the cost of equipment ownership, enabling you to dedicate more resources to your business.
Ascot Wholesale offers equipment leasing, not just catering equipment but any equipment valued at £1,000 or more. Please read on to find out more about the benefits of leasing.
By staying ahead of the curve with our latest equipment, you are positioning your brand for success.
The first step involves selecting your equipment and contacting us using the apply for leasing form below.
Limited Companies and partnerships of 4 or more can lease equipment valued at £1,000 or more, with terms ranging from one to five years.
Sole Traders and smaller partnerships can lease equipment where the total amount repayment exceeds £25,000.
Once the requirements are established, a tailored quote ensures competitive rates from approved lenders.
The application process is quick, with decisions often made within the hour.
This quick turnaround allows businesses to take delivery of their catering equipment without delay.
With flexible payment terms, you can tailor the agreement to fit your business’s financial and operational needs.
This flexibility allows you to manage your budget effectively, ensuring you’re never overextended.
You decide on the lease duration to align payments with your monthly cash cycles.
Adjusting lease terms also helps you stay agile and ready to adapt to market changes or business growth.
Whether you need a short-term solution or a longer period, there are options to provide the versatility you need.
Plus, fixed-term monthly payments simplify financial planning, eliminating surprises and helping you focus on growing your company.
One of the advantages of catering equipment leasing is the possibility of immediate income improvements.
By leasing, you preserve your working capital for other critical projects and expenses.
Catering equipment leasing helps you maintain a healthy balance by spreading the cost over the equipment’s life.
Instead of a large upfront payment, you make manageable monthly payments, which can be more predictable and easier to budget.
This approach lets you keep more cash in the bank.
With leasing, you can access affordable finance options ranging from £1k+.
The fixed monthly payments also offer tax-efficient funding, reducing your taxable income.
This helps you spread the cost and frees up cash to use in other more profitable ways.
Many businesses spread their Corporation Tax and VAT liabilities to help smooth out their peak cash flow over the year. Like any other business expense, such as payroll, insurance, utility bills and equipment, spreading the cost over time means your outgoings match your monthly income!
Setting up a spread-the-cost payment facility allows you to arrange your tax payments over 12 months and your VAT payments over three months.
We can also set up a recurring VAT funding agreement, which means monthly and quarterly payments are spread!
Here are a few things to carefully consider before you enter into a lease agreement:
The agreement is secured against the asset.
Non-payment could negatively affect the credit rating of the business and the guarantor.
You will not automatically own the equipment at the end of the lease, you will have end of lease options which will allow you to purchase the equipment for an additional payment, upgrade the equipment or return the equipment.
Leasing catering equipment offers many benefits that can boost your brand.
It allows you to update your commercial kitchen equipment without an upfront cost.
You’ll enjoy competitive rates from a trusted lender.
Catering equipment finance leasing improves cash flow, as monthly payments are tax-deductible and help preserve cash for other areas.*
*Please note: Your accountant will be able to advise. This does not constitute tax advice.
A Finance Lease is a credit agreement usually chosen by business customers, including limited companies, partnerships, and sole traders. Finance leasing enables the business to acquire the assets needed to maintain a business without buying the asset outright.
You can finance various catering equipment, including ovens, refrigerators, dishwashers, and coffee machines. Almost any essential commercial kitchen equipment qualifies, helping you to invest in your establishment without upfront costs.
You’ll get finance approval within a few hours. The application process is quick, and you can expect a speedy response. With a high acceptance rate, you won’t wait long to move forward with your new equipment.
Yes, the leasing agreement includes early termination fees. If you end the lease early, you’ll be responsible for paying the remaining balance. It’s always best to review the specific terms in your agreement.
Yes, you can upgrade your catering equipment leasing during the agreement period. Our flexible leasing options allow for upgrades, ensuring you always have the latest and best equipment. Contact our support team for further details on the upgrade process.
You’re typically responsible for maintenance if the equipment needs repairs during the lease term. However, check your lease agreement; some plans might cover repairs or offer service packages. Always clarify this aspect before signing.
Generally, a nominal sum (typically equivalent to one monthly payment) is sufficient to start a leasing agreement. This way, you can get your new equipment and start making more money before your next lease payment is due.
Past credit issues do not necessarily declare you unsuitable for a lease. The underwriters will evaluate various factors, including the duration of your business, the commercial kitchen equipment you are leasing, and your current business performance.
Absolutely! Our funding partner will consider all business types, although additional security may be required. Contact us to see what we can do to help you right now. We’ll let you know if we can’t help you with a lease.
Apply for our flexible leasing options today and spread the cost over time. Benefit from competitive rates, tax advantages, and improved cash flow.
*Legal disclaimer: This marketing is for unregulated finance introductions only. Available for UK-registered Limited companies and LLPs or sole traders and partnerships where the total amount of finance is over £25,000. Business customers only. Subject to status and affordability checks. Terms and conditions apply.