Hospitality & Retail Equipment Finance
We provide equipment finance for the Hospitality & Retail industry.
We understand the fluctuating needs of the hospitality and retail industry.
Start-up costs are considerable – restaurant equipment is expensive, businesses need premises usually in a prominent position, a fit-out good enough to attract customers and stock or produce before they open their doors. Service Finance is the expert in fast equipment finance. We finance new and used equipment regardless of age and we can lend against your existing business assets to help you get up and running.
We know once established there will be busy times during which businesses make most of their revenue, and then quiet times to regroup, restock and plan for the next busy time. Service Finance can provide finance to tide you through the quiet times until things heat up again.
Access to fast business finance can also help you manage cash flow ebbs and flows. For example, to react quickly to hire casual staff when needed, which can make all the difference in an industry with a more transient workforce than many other industries.
In hospitality and retail, fashion changes and businesses need to move with the times and update their fit-out more than in other industries. You need no fuss finance from a lender that understands your need to evolve before your customer does. It’s all about timing. Many banks are too conservative to keep up, or they may take too long, and then you’ve missed your opportunity.
Speak with your broker to see how access too fast equipment finance can allow you to stay in the game.