Lease and Finance Solutions
Hospitality & Catering Equipment Finance
A Warm Reception for Growth
Finance Your Equipment and Scale Your Business
The hospitality industry expands across a very broad range of businesses. It includes hotels, pubs, clubs, restaurants, accomodation and entertainment establishments and covers anything that services customers’ leisure time.
The industry contributes hundreds of billions to the global economy and is as diverse as your local independent coffee shop all the way to large scale hotel and travel companies.
You may think with all this in mind becoming an industry player would find you struggling against already established and growing competition. Add to this the massive challenges to the industry due to the COVID-19 Pandemic and growing a hospitality business might seem impossible. But nothing could be further from the truth.
Whether you have been in the industry for years and are looking for hospitality equipment finance, or you are a startup and want to lease bar equipment to get you going, Coates Finance have years of experience of successfully financing the hospitality industry and can support you too.
FFinance your establishment and growth in hospitality
Finance for the Hospitality & Catering Industry
Change in the Industry
The Hospitality Trends Report from Access outlined why restaurants, bars, pubs and hotels experiencing real operational change are experiencing the best return on investment through the introduction of new technology systems.
The businesses that embrace technology in an industry that has historically shied away from it, are showing that they can compete in what appears to be a saturated market.
When establishing and scaling your business it is crucial to diversify as well as keep on trend with competitors.
Setting You Apart From Your Competitors
Opportunities to pay attention to in the hospitality industry are customers’ increasing disposable income, new travel patterns, the rise of technology and an expanding middle class who favour experiences over possessions.
To gain extensive market reach beyond your competitors, it is important to take into consideration all these possibilities at the start and during the establishment and growth of your business.
Technology especially, is going to set you apart from your competitors, by making you more efficient as well as helping you stand out from an already crowded market.
Booking-in systems and digital accounts will, of course, streamline your business, but consider also how technology can enhance customer experience even before they step into your establishment. Restaurants, for example, with online ordering and delivery options, good online reviews and comprehensive will be more successful over ones that simply open their doors and wait for customers to walk by.
Reap the Benefits.
Maximise Your Profits and Scale Your Business
Keeping your hospitality business not just surviving but thriving is an investment in your future. Purchasing up-to-date equipment not only maintains the position you already have, it keeps you competitive and enables you to further grow and scale your business.
Coates has years of experience in hospitality equipment finance. Partner with us to arrange the perfect asset finance solution to suit your individual needs.
You can use one of the following solutions to finance or lease your hospitality equipment.
- Hire Purchase
- Finance Leasing
- Operating Lease
- Asset Refinance
- Commercial Business Loans
- Secured Business Finance
- Unsecured Business Loans
Working Capital Loans
Our asset finance professionals support you to establish your business and ahead in a large and ever-growing industry.
Finance Your Hospitality Equipment With Coates
Fund your equipment costs so you can focus on growing your business.
With access to capital for up-to-date equipment you can keep your business operations running smoothly, your costs low, and your safety standards high.
With asset finance you can:
List of Hospitality, Catering and Kitchen Equipment
Here’s a list of popular hospitality equipment and furnishings you can finance:
- Display and servery equipment
- Cookers, ovens and frying machines
- Dishwashing equipment
- Kitchen outfitting
- Hotel Bedroom outfitting
- Pub and bar furniture and equipment
- Vending machines
- Hotel gym facilities
- Conference room furniture
- Banqueting and dinner services
- Preparation tables and tools
- Coffee machines
- Food disposal machines
- Water boilers
- Conveyor toasters
- Waste compactors
- Scheduling software and hardware
- Inventory tracking technology
If you’re looking to fund any hospitality equipment or set up, you can complete the contact form or request a call back today
We offer personalized funding Solutions
Finance Solutions for the Hospitality & Catering Industry
Hire purchase allows you to obtain the Hospitality & Catering equipment your business needs and pay for it in increments over a negotiated period.
At the end of the agreed-upon time, you will be offered the option to purchase the asset.
A finance lease works like a loan agreement that allows you to acquire the Hospitality & Catering equipment your business needs without having to buy them outright.
Coates arranges for a funder to purchase the assets your business needs for you and lease them back to you over a negotiated time period.
An operating lease is an agreement that allows your business to use and operate equipment and machinery without committing to ownership.
The agreed-upon rental term of an operating lease is typically shorter than the life of the asset.
Asset Refinance is an ideal solution for your business if you also use heavy equipment, plant machinery or vehicles.
Also known as a sale and leaseback agreement, this finance solution allows your company to sell existing assets in return for working capital.
This enables you to still use your assets by leasing them back from us whilst freeing up cash for other purposes.
Secured commercial loan
A secured business or commercial loan is a loan secured against an asset of the borrower, giving them the working capital they need right away.
Unsecured Business Loan
An unsecured business loan allows businesses to obtain essential equipment without collateral.
Your Journey Begins Here
Partner with Coates Finance
Here is what You need to get started
Fast Finance for Your Hospitality & Catering Company in 3 Easy Steps
Partner with one of the UK’s leading asset finance providers.
Our friendly team of experts are waiting to assist you and your company.
We’ll help you finalise a solution that meets your needs, and take the hassle out of the decision-making process so you can spend more time on what matters to you most – growing your business.
We have streamlined the application process and made it super simple to apply for the funding you need.
Complete the short form below and let’s get started today.
Complete the form below and speak to one of our knowledgeable finance professionals, who will answer your questions and guide you through the final steps to a solution that works for you.
You can also give us a call if you need immediate answers to your questions. Our friendly experts will happily answer any questions you may have before you begin your application.
Call us on 01904 948008
Lines are open
9:00am – 5:30pm Monday to Friday
(excluding UK bank holidays)
We'll Help You Every Step Of The Way
Finance Your Hospitality & Catering Business Today
Follow the simple 3 step process to finance your business today.
Once you have completed the first step, we will get you on a call to answer any more detailed questions you may have and move quickly towards getting your financial requirements successfully approved
Complete the Form
Complete the simple form below and apply online for the amount you need to grow your business
Receive Fast Approval
We will process your application and aim to get you approved for your desired amount in 24-48 hours
Now you’ve been approved, you can acquire the assets you require to grow.
Let's Get Started
All you need to do is complete the form and submit your application to get started today