Yes. Commercial ovens, combi steamers, fryers, refrigeration and cold rooms, dishwashers, extraction and ventilation, bar equipment, coffee machines, EPOS systems and furniture can all be financed. CW Asset Finance works with lenders who fund restaurants, pubs, cafés, hotels, takeaways and mobile catering.
The catch is that much of this is classed as soft asset lending. Once fitted, a lot of catering equipment is hard to remove and worth little second-hand, so lenders lean more heavily on your trading history, accounts and the strength of the business than on the kit itself. Newer businesses may be asked for a deposit or a personal guarantee.
Fit-outs are a common use case — spreading the cost of a kitchen over several years rather than draining working capital before you have opened the doors. That can make sense, but be careful about financing a term longer than the equipment or the lease on the premises will realistically last. If you leave the site, the payments follow you.
Hospitality is a sector with high failure rates and lenders price for that. Build your figures on realistic covers and margins, not best-case ones. Approval is never guaranteed and depends on the lender’s assessment of your circumstances.