Commercial dishwashers are designed for heavy-traffic food business operations. They are your professional assistant in the fight against the dirtiest kitchen equipment, from small utensils to other large commercial kitchen equipment, in hotels, schools, and other public institutions and private establishments.
Chef's Deal provides exclusive dishwasher financing options with its partners. Whether you have a thriving business or a small restaurant/café, you can choose the best dishwasher with the most suitable monthly payment. Our dishwasher financing program is up to exceeding your business expectations.
Dishwasher Financing Advantages
* Please consult your accountant for advice specific to your situation
** See the advantages of Section 179 below
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Section 179
The tax code Section 179 allows qualifying buyers to weite off the full cost of the equipment in th year they financed it, rather than writing it off over many years. That could mean big tax savings for you. The maximum deduction business owners may vary from year-to-year.
How It Works:
Say you financed a $10,000 piece of equipment for your business. By taking advantage of Section 179, you may deduct the entire $10,000 from your net income in the first year you use it.
So, assuming you are in a 21% * tax bracket, you will have a tax saving of $2,100 , lowering your equipment costs to just $7,900!
Benefits:
Saving thousands in taxes will allow you to have extra cash on hand to reinvest in your business. This provides you the opportunity to finance more essential equipment.
* Deductions and percentages are subject to change per year. Make sure you consult with your tax advisor yo understand your eligibility and to discuss any specific questions you have about these tax benefits.
Commercial Dishwasher Lease or Buy?
Purchasing a dishwasher with financing offers 5 main advantages over leasing:
Full Ownership: With financing , you become the sole owner of the dishwasher once the loan is paid off, allowing you to sell or trade it in at any time.
No Ongoing Lease Payments: Once you've paid off the loan, you no longer have any ongoing lease payments, saving you significant money, especially with higher lease rates.
Freedom to Choose Your Detergent: When you own your dishwasher, you can choose your detergent, saving you money on detergent costs, as you can avoid paying the inflated prices charged by leasing companies.
No Hidden Fees: With financing, there are typically no hidden fees or charges associated with the loan. This is a significant advantage over leasing, as leasing companies ofter charge various feees, including origination, late payment, and early termination fees.
Tax Benefits: You may be able to deduct the interest on your dishwasher loan from your texas, reducing the overall cost of ownership.
(Please consult your accountant for advice specific to your situation)
Why Might You Need a New Commercial Dishwasher?
| Minimum: | Average: | Maximum: | |
| Purchase Price: | $2,506 | $6,227 | $26,377 |
| 60 month Financing Rate: | $52 | $126 | $537 |
| 48 month Financing Rate: | $63 | $152 | $646 |
| 36 month Financing Rate: | $81 | $196 | $829 |
| 24 month Financing Rate: | $117 | $282 | $1,195 |