Commercial equipment financing
Econolease
Power your business with premium coffee equipment through flexible financing solutions. In partnership with Econolease, we offer Rent-Try-Buy®, Lease, and Loan options designed specifically for Canadian foodservice businesses.
Plans
Lease or Rent-Try-Buy®
Lease
Build equity in your equipment with predictable monthly payments over 36-60 months.
- 100% financing available - no down payment required
- Own the equipment at the end of the term
- Tax deductible monthly payments
- Competitive rates with flexible terms
Rent-Try-Buy®
A flexible, 12-month rental agreement that allows you to change or upgrade your equipment as your business grows.
- Affordable weekly payment options
- Free week of rental for every 13 weeks rented
- All rental payments go 100% towards purchase
- 100% tax deductible as operating expense
Why Econolease
Why Finance with Econolease?
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Quick Approval
Get approved in as little as 24 hours with minimal documentation
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Preserve Capital
Keep your working capital for inventory and operations
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Tax Benefits
Lease payments are 100% tax deductible as business expenses
Four steps
Simple Application Process
- 1
Choose Equipment
Select your commercial equipment
- 2
Apply Online
Complete the simple application
- 3
Get Approved
Receive decision in 24 hours
- 4
Start Brewing
Equipment delivered and installed
Qualification Requirements
- Startups welcome - no business history required
- Valid Canadian business registration
- Minimum $5,000 equipment value
- Personal guarantee from business owner
Industries We Serve
- Cafés & Coffee Shops
- Restaurants & Bakeries
- Hotels & Hospitality
- Offices & Corporate Locations
FAQ
Frequently Asked Questions
What's the difference between leasing and renting?
Leasing is a long-term commitment (36-60 months) where you build equity and own the equipment at the end. Renting is flexible with weekly payments and no long-term commitment, perfect for seasonal businesses or testing new equipment.
Can I upgrade my equipment during the lease term?
Yes! Econolease offers flexible upgrade options. You can trade in your current equipment and apply its value toward newer models, keeping your business equipped with the latest technology.
What happens at the end of the lease?
With our standard lease-to-own program, you own the equipment outright at the end of the term. No buyout fees or surprises - the equipment is yours to keep, sell, or trade in for an upgrade.
Is maintenance included?
Maintenance is not included in the base financing, but we offer comprehensive service packages that can be bundled with your lease. Ask our team about adding a maintenance plan to your financing agreement.
Get started
Ready to Finance Your Commercial Equipment?
Get started with your application today or speak with our commercial team for personalized assistance.
Estimate
Calculate Your Payments
Foodservice Equipment Financing You Can Afford
More ways to pay
Other ways to finance
Financing is provided by independent third parties and all offers are subject to approval. Rates, terms and amounts are set by the lender and can change. iDrinkCoffee.com does not provide credit, and this is not tax or financial advice.
