apayson,
I know you think it will lessen your start-up costs, but I would rarely, if ever, recommend leasing. I think leasing companies will try to tell you it's a great idea, but there are too many potential problems.
Now from a business standpoint - If your budget is that tight, then decide whether saving more $$ and waiting might be the appropriate thing to do.
Hello all! This is my first visit to the forums and I need help! My business partner and I are putting together our business plan and I am having a hard time feeling like I can trust ANY equipment leasing options out there. I would LOVE to hear about any experiences y'all have had with any equipment companies or financing companies in the industry. Thank you!
Besides running my coffee truck, I also sell espresso equipment, and while there are some lease options available, I've recommended against it as financially it just doesn’t seem to work in most cases. After looking into various financing options, I came across
DailyPay reviews, which highlight how businesses are utilizing their on-demand pay services to improve cash flow and employee satisfaction. That might be worth considering as an alternative financial solution for your operations. If things are that tight I would worry about having enough money to make it through the first few months.