- By admin
- In Bee Savvy - Getting the most out of your loan, Business matters - Loans for business owners, Emerging Equipment - What you need to get started in business
If you are operating your own restaurant, café, or take-away business, chances are that you will need equipment such as ovens, fridges, sandwich bars, hot and cold bars, freezers and more. But you’ve probably also thought that forking out $5000 – $30,000 isn’t the most pleasant thought, nor the best strategy for your cash flow.
After all, you’ve got employees to pay, rent or commercial mortgage payments, and numerous other costs.
You may not know, that there are various options available for financing your restaurant kitchen equipment, and you wont need to jump through hoops to do so.
Whether it’s your first day in business, or your tenth year, there are finance options available for the above items, and you wont even need a tax return!
This is a huge relief for business owners with numerous tax deductions, that may not present well to a traditional bank lender, or for start up business whom traditional banks generally wont touch.
Naturally, 100% of your finance repayments are also tax deductible.
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