Coffee Machine Leasing – Why Lease and the Benefits of Leasing

If you are considering an office coffee machine for your employees, or thinking about upgrading your current commercial coffee machine, there are a few ways other than outright purchase to acquire a new machine. Without question, the most popular method is a coffee machine lease. At Beanmachines many of the machines we supply are via leasing, and there are some great benefits as a customer in choosing a lease over other payment methods.  

Buying a commercial coffee machine outright is a substantial upfront cost and an outlay many businesses will try and avoid, if possible, to retain capital. Leasing a coffee machine on the other hand, allows you to acquire the coffee machine whilst retaining capital. This frees up funds for other essential aspects of the business, such as inventory, marketing and other expenditure.

Just like technology in other sectors, commercial coffee machines are continually evolving with manufacturers bringing out new machines with new innovations that enhance the brewing process and make it easier for the user. By leasing a coffee machine, you can stay up to date with the latest machine and at the end of your lease period (typically 3-5 years) you can choose to trade up to the newest machine or keep your current coffee machine. Some leasing companies allow you to upgrade at any time, keeping you competitive with the latest equipment.

Coffee machine lease agreements usually start with a small initial payment followed by regular monthly payments making it easier to budget and spread equipment costs. This of course simplifies financial planning and helps eliminate unnecessary risk.

Probably the biggest reason to lease a coffee machine is the tax benefits afforded to your business throughout the lease. In many cases lease payments are entirely tax deductible and you can write off the cost of running a coffee machine as an operating expense, and not a taxable asset owned by your business. It is important to consult a tax professional to understand the tax advantages available to your business though leasing and other methods. You could be saving a lot of money annually! 

As you can see coffee machine leasing offers some huge advantages which can really help a growing business. If you would like to discuss a coffee machine lease or leasing in general, please feel free to give us a call and we will be happy to answer any questions you may have.