HAVE YOU purchased restaurant equipment recently? And is your business facing difficulties with cash flow?
If that’s the case, our ‘Buy Back’ offer might be the answer to your problem.
Buy Back is designed to alleviate your cash-flow pressures by giving you swift access to capital from an often-overlooked source: The funds tied up in your equipment.
Not only can you keep using your equipment, you also get a wad of cash to help you pay for operational expenses, clear debts, reinvest in your business, or cushion the impact of future financial surprises.
We buy your eligible equipment, providing you with a one-time cash payment that you can spend in your business as you see fit.
You rent the equipment back from EconoLease as part of a 12-month Rent–Try–Buy agreement.
With your rental agreement, you have access to unrivalled flexibility regarding your equipment, including the option to upgrade the equipment after 6 months.
Looking to sell used restaurant equipment? We'll purchase from you most types, makes and models of standard equipment that:
For more information, contact us.
Subject to the condition of the equipment, if your equipment is...
You apply for Rent–Try–Buy funding by calling us at 1 888 473 9309.
You send us:
Upon approval of your Rent–Try–Buy funding and verification of your equipment’s eligibility, we buy it from you and transfer the funds to your designated bank account.
You start making manageable, weekly rental payments for the equipment as part of a 12-month Rent–Try–Buy® agreement.
Frequently asked questions
The amounts we pay for used restaurant equipment under our Buy Back initiative (see table above) are based on the equipment’s:
For us to accept the original invoice, it must include the:
To help us identify the equipment and assess its condition, please take pictures of the equipment’s:
If the equipment is older than six months, we may also request a 20-second video demonstrating the equipment in operation.
If the equipment is valued at more than $5,000 and we’re not sure of its condition, we may inspect it. Otherwise, we won’t.
Depending on the age and condition of the equipment (as revealed in the photographs you’ve sent us), we may request its service records.
Yes — however, how soon you can upgrade the rental equipment is dependent on how old it was when we bought it from you, as follows:
(The waiting periods are exceptions to the rule: If you Rent–Try–Buy new or ‘Certified Used’ commercial kitchen equipment through us, you can upgrade it — exchange it for something bigger or better, or completely different — whenever you want to.)
Get in touch and let's tailor a funding solution for your business
