ADVANTAGES OF TRY-IT-BUY-IT PROGRAMME

01

CONSERVE WORKING CAPITAL

Try-It-Buy-It programme allows you to conserve cash. Instead of plunging a large working capital, the same cash can be redirected for your day-to-day expenses or business expansions. Without the need for a large upfront capital outlay, the same amount of cash you have will enable you to fit out 3 outlets instead of just 1.

When you lease, you also know exactly the number and amount of lease payment required which helps you better forecast your cash requirements and make long term plans. No downpayments required!
02

COMPLETE WORRY-FREE REPAIR AND FREE SERVICING

Repair cost is a key concern for any business. With the Try-It-Buy-It programme, you will never have to pay a cent for repairs of manufacturing defects for your equipment ever again! Whether it is a new or used equipment, we will take care of the repair costs and even perform free regular servicing for your equipment. You can be assured of no extra costs when you come on board our Try-It-Buy-It programme. All you have to do is ensure your equipment is cleaned well daily and operated according to the manufacturer's manual and/or as advised by us from time to time.

Upon renewal of your agreement, we will even replace a new set of door gaskets and bulbs for your equipment at no extra costs.
03

POTENTIAL TAX BENEFITS

Operating leases are treated as a tax-deductible overhead expense. Your lease payments are deducted from revenue, which means a lower tax liability and lower net cost of lease.
04

GREAT FLEXIBILITY & TECHNOLOGY

The Try-It-Buy-It programme offers great flexibility and helps hospitality businesses stay on top of the latest advances in equipment and technology. In particular, equipment solutions that depreciate rapidly should be leased to limit a business’ risk of being stuck with obsolete technology. As cooking technology changes or improves, leasing encourages you to upgrade your equipment and technology to meet ever-changing needs. You are not restricted by high upfront costs as all you need is an adjustment to your weekly payments. At the end of the 12 months, you will also have flexible options to either return the equipment or renew the agreement with 30% lower weekly payments.
05

EASY ASSET MANAGEMENT

Upon completion of your agreement or your decision to upgrade your equipment, you do not have to worry about ownership risks or the disposal of the asset.
06

BETTER CREDIT STANDING

The Try-It-Buy-It programme is essentially a 12-month operating lease. Operating leases are treated as expenses on the income statement hence it has no effect on your balance sheet. A balance sheet with low liability helps businesses achieve a better credit standing to secure financing when needed.