Equipment Financing Options
Get the equipment you need while conserving your working capital on purchases of $500 to $1.5 million!
Innovative Foodservice Group has partnered with Credit Key and TimePayments Leasing to provide equipment financing options to our valued customers.
Through equipment financing, you’re able to make set monthly payments while recouping the costs as you operate the equipment, all without stretching your cash flow.
Click below to see the different forms of financing options:
Advantages of Equipment Financing
Curious? Here are some of the ways financing your equipment can benefit your business.
Fast Credit Decisions
Apply online anytime, from anywhere. Startups and challenged credit are supported. Same-day decisions are available.
Affordable, Fixed Monthly Payments
Enjoy a fixed monthly payment for a set term length, making budgeting a breeze!
Preserve Existing Lines of Credit
Leasing makes acquiring access to equipment affordable, while preserving other sources of credit.
Tax Advantages
Lease payments may be fully tax-deductible as an operational expense.
Protect Against Obsolete Technology
Replace dated equipment with new items that boast technology that increases your ROI for low monthly payments.
Credit Key
Better Business Credit
Credit Key offers businesses simple monthly terms in seconds, right at e-commerce checkout.
Up to
$50,000
Credit Line
0% for
30
days
Fees starting at
1%
After 30 days
Approvals in
5
Minutes
The funds you need, right where you need them.
Credit Key is not a lease or financed loan, but a line of credit that allows you the flexibility to purchase equipment and supplies as needed. You can qualify for up to a $50,000 line of credit, to use and pay as needed over a 12 month term. You will have the ability to get pre-approved for a certain amount before you order.
To be eligible for Credit Key credit, you will need to:
Be an individual applying under your own name. If your business is a Sole Proprietorship you do not need to have a Federal EIN, but will have to document some type of state registration of the business.
Owner/Signatory of business in application
- Be a U.S. citizen or resident, of minimum signing age in your state of residence
- Have a FICO®/credit score of 600 or above
- Have a total annual business income of $40,000 or more
- Provide your Social Security Number
- Have a nominated bank account or debit card for repayments. Credit Key’s application process is simple and does not affect your personal credit. Credit Key does not change any setup fees. If you choose to go beyond 30 days, you can be approved as low as 1% per month. Applying for Credit Key is a “soft inquiry.” This does not impact your FICO®/credit score.
APPLY FOR EQUIPMENT LEASE FINANCING TODAY!
Your margins matter. Use this ROI calculator below to see how choosing different pieces of equipment will affect your bottom line.
Enter the required information into the calculator below to see how different pieces of equipment will help increase your bottom line and how your monthly lease payment will be offset by the profit the equipment brings in.
Pro Tip: You may receive tax benefits from leasing your equipment! Section 179 may reduce your tax liability by allowing you to claim depreciation on your leased equipment. Even if you have the cash to purchase an item outright, the potential benefit can be enough to make equipment lease financing a great financial decision. A tax professional should be consulted to help you fully understand the benefits of leasing.