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Thread: Coffee Roaster Financing Options
- 11-15-2014, 03:51 PM #11
Agree with John P. If you have enough equity or own your home outright, you will not beat the interest rate to get that home equity loan.
I would get a fixed rate though, they seem to promote the variable rate.
- 11-15-2014, 04:12 PM #12
Different kinds of Loan offer Advantages vs. Disadvantages. Shop around. Today many of the Larger banks are starting to consider and process Personal Loans. If the amount you need is not more than 50.000 you may want to consider them. You can look for them online. Just Goggle the specific Bank under Personal Loans. The Interest Rates are higher than the Home Equity but your house is not on the line. Additionally, you must remember that if you get a Home Equity you will have to keep your House Insured during the time of loan. Thus, they all have considerations that must be evaluated. GOOD LUCK.
Last edited by JCF; 11-15-2014 at 04:29 PM.
- 11-17-2014, 05:11 AM #13
- 10-09-2018, 05:50 PM #14
I know this is an older thread, but I just joined the forum and felt the need to make my first post. We are the company you are referencing from Roast Magazine. Specialty Coffee Finance (specialtycoffeefinance dot com) We provide both roaster financing and roaster leasing options.
- 10-15-2018, 03:44 PM #15
Hey there, if you are looking to finance a 5 kilo gas roaster, check out Besca USA. Besca offers top quality roasters, and we have financing options available through Pinnacle Finance, who are really great to work with. Since you are in the midwest, I would love to have you come visit our showroom. We have a Semi-Auto 2 Kilo Besca profile roaster that we let clients play with. Shoot me a PM, or check us out for more details. We always love to roast with new people
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