Catering Leasing
Thousands of businesses in the UK use leasing and business loans to support their growth. How can we help you?

Catering Lease Calculator

1. For enquiries over £100,000, please contact us directly on 01494 611 456.

2. The rental price indicated is for general guidance and is subject to credit approval.

3. Business users only.

Catering Leasing

Catering leasing and finance with WestWon. Every catering business relies on the efficiency and strength of their equipment. We can help whether you are a small start-up coffee shop or a large restaurant requiring a full refurbishment. Catering leasing and finance is a perfect option for your company. We partner with a number of suppliers and manufacturers and are able to support you to make the right links. Ensure that your kitchen is kitted out with the best equipment for your needs. All the equipment that your business requires at an affordable and competitive rate. We can also provide finance options on a range of different catering trailers, click the link and check out our dedicated catering trailer page.

Westwon have worked alongside catering businesses to finance everything from 70 dining tables for an Indian restaurant to the installation of specialist freezers in a college.

Our catering leasing blog addresses a range of topics, even writing a business plan to help you open a new hotel. Other topics such as: the common mistakes of opening a new restaurant and the difference between leasing and hiring catering equipment. Our experienced team will guide you through the entire process of obtaining finance, including providing the additional support of helping you source the best equipment.

Why choose WestWon?

Decision in 24hrs
Industry Leading Rates From 2.5%
95% Acceptance Rate
5* Customer Service

Call us today on 01494 611 456  for catering leasing. Our highly knowledgeable and friendly team can offer you a FREE, no obligation quote and answer any of your queries. WestWon are authorised and are fully licensed by the FCA.

Benefits of Leasing Your Catering Equipment

Cash flow
You will be able to keep funds in your business to be used elsewhere
Alternative lines of funding
You don’t have to use up a bank facility you already have
VAT
On rental agreements, the VAT is included in the rental, not in a lump sum

Pay for the equipment as you use it
Companies pay employees over time as they work, so why pay all the cost for catering equipment in advance?
The latest equipment
Always have the latest catering equipment at your disposal by implementing a recycling strategy, whereby you replace equipment at the end of the lease term
Tax planning
Using a lease rental agreement, 100% of your rental is deductible against your companies corporation tax

The Catering Equipment Leasing Process

WestWon - The leasing process - customer NEW

Case Study
New Start Restaurant Financing

Learn how a head chef and his partner made the decision to start their own concept restaurant and utilise WestWon’s finance solution.

Find Out More

Case Study
Pizza Oven Finance

Click here to find out how this catering company with over 50 years’ experience and a fantastic reputation in the catering industry, made the decision to finance a Cuppone twin deck pizza oven to ensure their customer are getting authentic Italian pizzas.

Find Out More

FAQ’s

What is the smallest and largest catering leasing deal you can do?

We can write any catering deal starting from a value £1,000.00 + VAT. Our smallest catering deal is £1,250 + VAT. Our largest software lease to date is just under £400,000 + VAT!

What is a normal catering leasing deal value?

Our average software deal is £14,279.00 + VAT over a 3 year term.

How long can I lease catering over?

For catering equipment, most deals we do are either over a 3 or 5 year term. However we can lease catering from 1 year up to 5 years.

Is there an advance payment?

Often we take a three month deposit to keep the monthly rentals lower, however you can more or as little as one month upfront if you wish.

I want to keep the catering equipment at the end of the rental agreement, can I do this?

Yes, under terms of a lease rental agreement you have the option to own the equipment at the end of lease. Alternatively there is an option to return the equipment at the end of the lease if you wish to get new equipment.

Can I include multiple types of catering equipment on one agreement?

Yes, we can build many types of catering equipment into one agreement. Whether you’re looking to finance a combi oven, refrigeration, dish and glass washer, they can all be included on the same lease.

How quickly can you arrange catering leasing?

Applications can be accepted within a few hours and once documents are signed, the catering will be delivered and the agreement activated within 2 working days of delivery and install.

I am a new start company, will you credit clear me?

If you are a home owner and have a clear personal credit history, we should be able to source funds for you, normally up to £50,000 for hospitality businesses.

I am an established business trading over three years, what information do you require?

Often, we just take a look at the information in the public domain at Companies House. However, there are times when we will ask to see bank statements, last year’s full audited accounts and management accounts.

I have a CCJ / my company has a CCJ, will we get finance?

If the CCJ is satisfied and there is a good reason for the County Court Judgement, then we will argue your case. However, if you have an unsatisfied CCJ, then sadly we will struggle to get finance.

Another leasing company has said no, will you be any different?

Some leasing companies just do not like financing catering equipment. For some company’s the hospitality sector is seen as too big a risk as many new businesses go out of business within the first 3 years. WestWon are specialists in the financing of catering equipment and have assisted many businesses in the hospitality sector from new start businesses to well established restaurant chains.

How cheap are your lease rates?

We do not normally lose business because we are too expensive. Our view is to give cheap lease rates and make sure we do more business together in the future.

How often do your customers come back to you for more business?

Our customer retention rate is extremely high, our latest figures shows that over 80% of customers will use WestWon again, mainly due to our level of customer service and the range of assets we finance.

Can I use my own supplier of catering?

Yes, it is up to you who you use as a supplier.

Can WestWon recommend me a supplier of catering equipment?

Yes, work alongside a number of suppliers of catering equipment. We would be more than happy to put you in touch with a company who can assist.

Can I pay the lease off early?

Yes. The finance company will work out a settlement figure based on how many rentals are left to pay.

Can I add more equipment to the lease at a later date?

Technically you can, but nobody ever does. It is more cost effective to set up a brand-new lease.

Can I include multiple suppliers on the same lease?

Yes, it’s common for businesses buying catering equipment to buy equipment from multiple suppliers. These suppliers can be paid at the same time on one agreement.

Blog

All/Catering/Catering Equipment Leasing

October 10, 2017

Contact Us

Call us on 01494 611 456 for further information on leasing your catering equipment