If you’re setting up a new hospitality venue or catering business or need to replace your catering and kitchen equipment in an existing business, Jade Equipment Finance has a number of financial solutions to offer.
Whether you’re purchasing brand new or used machinery, we offer the full range of commercial loan products – Chattel Mortgage, Equipment Leasing, CHP and Equipment Rental. The choice of which kitchen equipment loan product is most appropriate for your business, depends on your accounting methods and we recommend you read our web information and consult with your accountant for advice.
Our loan products are applicable to purchasing just one piece of equipment (minimum loan amounts may apply to some loans) or to an entire kitchen fit-out.
New and Used Kitchen Equipment Loans
Not all lenders will provide finance on second hand equipment but we know that in the catering and hospitality industry, the market for second hand equipment is very strong with high quality goods available at good prices.
We provides financing on both new and used catering equipment. That includes purchasing from a new equipment dealer, second-hand dealer, at auction or from a private seller.
If you need to purchase a range of items, we recommend you package them into the one finance deal. That way you will have only one and not multiple monthly repayments.
Many hospitality companies have a policy that all kitchen equipment must be replaced after a certain length of time in use. Even if it is in good condition. Much of this second hand catering and kitchen equipment is sold at auction. But you have to be quick and savvy to capture these bargains.
We can assist you by organising pre-approved finance. Speak with us in advance of the auction, select the goods you are interested in from the auctioneer’s catalogue and then advise your Jade consultant of the details.
We can process your application and have your finance pre-approved before you arrive at the auction, so you can bid with confidence.
Options for New Business Ventures
If you’re starting a new hospitality business and possibly don’t have the documentation and financial records that the bank demands with loan applications, don’t panic. We have credit options for no docs and low docs applicants. We can make you a very attractive loan offer for your equipment purchase, based on certain conditions.
Speak with a Jade Consultant to discuss a financing solution for your catering and kitchen equipment. Call 1300 000 003