Just as with other businesses large and small, for many caterers the biggest barrier to expansion and business development is concern for cashflow. With so much instability in the financial world, the last few years have seen entrepreneurs in all sectors become fearful of borrowing, and lenders become increasingly difficult to secure.
At Carlton, we are keen to make financing your catering business as simple and easy as possible. We recognise that teaming up with the right finance providers can offer an easy, safe and affordable way for business owners to invest in the equipment they need, from replacing a single item to fitting a whole new kitchen. Not only do we offer every piece of equipment you could need at some of the most competitive prices in the industry, we have teamed up with Shire Finance to bring you one of the best financing solutions available.
So why lease with Carlton? Here are a few good reasons.
When it comes to purchasing new equipment outright, calculating your tax relief under capital investment rules can be a difficult and daunting task. Whilst some products now qualify for 100% capital allowance under the Enhanced Capital Allowance (ECA) scheme - see our recent Going Green post for more information - for others only a percentage of the value can be claimed back. Historically, deciding how much to invest in order to make the most of the Capital Allowance available has been a burden for businesses.
With leasing, on the other hand, all payments are tax deductible as a business expense, meaning that you can take advantage of full tax relief for the entire duration of the lease. Team up with Shire Finance and your accountant, and you might just find that you can make significant savings on your tax bill.
With fixed payments, you can manage your budget without any surprises and make cash flow planning as straightforward as possible. Plus, fixed payments are not connected to interest rates, meaning that as inflation rises the cost of purchasing your equipment effectively reduces.
With our financing package, you can get hold of the equipment you need with a nominal deposit from as little as one monthly payment. With such a low initial cost, you could be making a profit on your new equipment before your leasing payments even begin.
Bypass the Bank
The process of securing finance from your business banking provider can be a slow and arduous process, and for many smaller businesses the lending option simply isn’t there. For others who do have access to credit lines, the administration involved can be offputting from the outset. With Carlton leasing, provided through our partners Shire Finance, we are proud to offer you the fastest, simplest possible solution to financing.
New & Improved Quick Quotes
Teaming up with Shire Finance, we are now one of the first in the industry to be able to offer you Shire’s new and improved Quick Quote option. Tailored with the financial needs of SME’s in mind, with Quick Quote, limited companies can calculate the true cost of leasing the equipment they require in seconds. The quick quote tool will allow you to calculate the cost for various different payment options, so that you can quickly find the solution that works best for you.
Once you have found the right lease for you, Shire will get your lease approved quickly with their automated approval system so you can get back to the business of making money. To make your life as simple as possible, the process involves a minimum amount of documentation.
Carlton Sales are expert suppliers of commercial catering equipment. To discuss your needs with an experienced member of our team and learn more about our leasing options, contact us now or give us a call on 01793 512550. For more information about leasing, you may also wish to visit our leasing page.