Leasing vs. Free on Loan
Alternatively, you can purchase your coffee equipment on a lease for between £150 – £300 per month. Many people choose this option as they would prefer to eventually own their machine after a few years. However, you should consider the lifespan of your machine. It is likely that you’ll have to replace it after this period anyway, subsequently finding yourself trapped in a loop, forever paying leasing costs.
If your business is fast-paced and constantly changing, you may find these leases difficult. Most leases are rigid and unforgiving to changing business demands, whilst free on loan agreements are generally designed with customers at the heart, offering the flexibility to trade up or down, depending on how your business develops.
To find out more about Coffee Central’s Free on Loan offering, please get in touch.