Upgrade to New Ice Machines
We know that growing your business, increasing revenues, and earning greater market share is a goal that you share with all other driven business owners. But it sometimes feels like coming up with enough business capital to purchase supplies, manage inventory, repair broken equipment, and secure new machinery, is the truly challenging part of running a business. If you own or operate a business that relies on one or more ice machines on a daily basis, you understand how critical these industrial grade appliances are to your day-to-day operation. If one goes down or fails to perform at peak levels, the results can be disastrous. Spoiled inventory, upset customers, and damage to other equipment can result from faulty ice machines. If you are in the market for a new ice machine or a series of ice machines, you’ll want to decide between purchasing outright using on-hand cash, or initiating an ice machine leasing or financing program.
Why Finance or Lease Ice Machine Equipment?
The majority of business owners see the benefits of financing or leasing versus using cash in the bank, including:
Keep more cash on hand:
Businesses require money to make money, and there must be sufficient funds in the bank to handle the ebb and flow of the revenue stream. Payroll must be met, suppliers must be paid, utility bills must be kept current, and emergency expenses can be quite unforgiving when there aren’t sufficient funds in the bank. By using an ice machine financing or leasing program, you will be able to keep more cash on-hand because little to no money down and no collateral are required to obtain the ice machines that are needed by your business. Another side effect of having cash on hand is a greater ability to respond quickly to lucrative opportunities within your field. Cash-strapped businesses often find that they must turn down potential opportunities simply because it can take money to start a job.
Maintain a tighter budget:
Purchasing ice machines outright can seriously impact your ability to work within a budget. After all, these purchases are generally infrequent but significant in terms of dollar amount – not something that you can easily work into a monthly budget. To effectively run a small business it is important to know exactly how much you can spend on a monthly basis versus how much revenue is generally realized within the month. A lease or financing program delivers affordable monthly payments that can be easily integrated into any budget.
When you are faced with the prospect of purchasing new or pre-owned ice machines using your available capital, it is tempting to try to skimp on quality or capacity in order to preserve cash in the bank. Ice machine financing can help break equipment costs down into manageable monthly payments, while today’s attractive lease programs often deliver even lower monthly payments and considerable flexibility down the road. Top-quality equipment can help your business to operate more efficiently, deliver better results, and reduce long-term repair and maintenance costs associated with the ice machines.
Enhanced flexibility and control:
If you are considering ice machine leasing for your business, you will likely enjoy the enhanced flexibility that comes with a National Funding equipment lease program.
Three Basic Lease Options are Available
- Purchase option: considered a traditional type of lease agreement and offers low monthly payments and three options at the end of the lease term. You can purchase the leased equipment at the fair market value at the time of the lease expiration, you can simply renew the equipment lease, or you can return the equipment. The last option is terrific if the value of the leased equipment has dropped significantly.
- Dollar buy-out lease: enables you to purchase the equipment for $1 at the end of the lease term. You’ll have slightly higher payments than a purchase option lease, but you will be able to buy it out at the end of the term.
- High-value equipment lease: reserved for purchases of more than $150,000. Generally designed for commercial applications, we offer specific programs that are tailored to the unique requirements of larger businesses.
Upgrade Your Business's Commercial Grade Ice Machines
If you are in the market for one or more commercial grade ice machines for your business, contact National Funding today! The application process is quick and simple, approval rates are incredibly high, and you will likely be able to secure the equipment you need. Make the right move – apply today!
Equipment Leasing & Financing
New and pre-owned equipment leases
National Funding is a leader in the equipment financing industry. With our Lowest Payment Guarantee and no down payment requirement, we cost you less. Our dedicated Loan Specialists will work to get you a quick approval on virtually any type of equipment. They will then find the payment option that’s best for you.
Click or call and receive a quick decision and the equipment you need.
Up to $150,000 in equipment leasing
New or pre-owned equipment
Wide variety of payment options
Huge potential tax savings
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