Equipment Leasing
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Burkett Restaurant Equipment has partnered with QuickSpark Financial to offer a simple, easy, and affordable option for our customers to turn foodservice equipment and supplies purchases into more affordable monthly payments.
The Advantages Are Clear
- 90-Day No Payment Program - Secure financing for purchases over $1,000 with the same easy approval process. 90 day no payment financing allows you to upgrade now, and realize increased sales and profits prior to receiving your first invoice.
- The Payments are Affordable - Choose from a variety of payment terms to ensure the best fit for your business. Terms range from 12 to 60 months. We also offer Variable Payments* that can be matched to seasonal cash flow variations and other budget limitations.
- It's 100% Tax Deductible - IRS Section 179 provides the opportunity for your business to deduct the full purchase price of the equipment you finance! For more information, contact your tax professional to see how you can take advantage of this benefit*!
- Get More for Your Money - Leasing your equipment minimizes upfront costs and allows you to earn profits from your new equipment faster.
- Keep Lines of Credit Open - Keep potential lines of credit open for financial emergencies and use leasing to help build your business credentials with any bank.
- Avoid Bank Restrictions - Leases do not include blanket liens, restrictive covenants, rate escalator clauses, "call anytime" provisions, compensating balance requirements, or many of the other surprises related to traditional lending arrangements.
- Financial Reporting Advantages - We can structure leases to meet FASB requirements for "off balance sheet" accounting.
* Terms & Conditions may vary, dependent on your specific situation
| ADVANTAGES | LEASE | BANK LOAN | CASH |
|---|---|---|---|
| Can I get approved now without extensive financing statements? | (Full Payment Required) | ||
| Can I take advantage of tax benefits and deduct payments? | |||
| Can I defer payments until the equipment is installed correctly? | |||
| Can I avoid financial reporting? | No, Shows Debt on Balance Sheet | (Full Payment Required) | |
| Can I have no cash outlay or down payment? | No, Banks Require a Down Payment | ||
| Can I match monthly payments to current cash flow requirements? | |||
| Can I buy equipment quickly? | (Full Payment Required) | ||
| Can I purchase used equipment? | (Full Payment Required) | ||
| Do I have ownership options at the end of the term? | (Ownership Only) | (Ownership Only) | |
| Can I get approved with a low credit score? | |||
| Can I get approved with a bankruptcy? | |||
| Can I get my startup approved for financing? |
Call Now To Get Started! 800-828-8564
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