Buy Today, Pay Off Later: TriMark’s New Partner Offers Simple Financing
Whether a local mom-and-pop or a long-standing establishment, buying foodservice equipment can be financially daunting. That's why TriMark has partnered with TimePayment, an industry-leading financing company, to bring our valued customers an equipment payment option to help them buy the equipment they need without a considerable upfront cost. TimePayment allows customers to buy the necessary equipment and commit to affordable, fixed monthly payments, helping them keep their establishment operating at its peak!
The benefits of equipment financing extend beyond turnaround and lower upfront costs. Regular, on-time payments can build up personal and business credit while preserving working capital for immediate needs. There is also potential for tax deductions on financed equipment (please consult a tax professional).
We understand that Small Business Administration (SBA) and bank loans are difficult to obtain. Often, strict credit criteria and funding lead times negatively impact business operations. With TimePayment as our trusted partner, day-one startups, and businesses with challenged credit scores as low as around a 500 FICO score can be approved. They can also review applications and offer various plan options within twenty-four business hours of applying. TimePayment will release funds in as little as twenty-four business hours of receiving your signed agreement.
TimePayment offers many equipment financing options to fit unique needs, including deferred payment plans, personalized chains/franchise programs, and EarlyPay, which allows customers to pay their full invoice in one lump sum before their fifth payment, saving on the total payoff amount. TimePayment plans can also finance soft costs like installation, freight, warranties, and smallwares as long as 60 percent of the quoted invoice is equipment. Consumables and disposables are not covered.
The approval process is simple: apply and get approval status in as little as twenty-four hours. TimePayment will release funds within twenty-four hours of the agreement's initiation and equipment received upon securing the upfront deposit.
Recommended by LinkedIn
If you're still not sure financing is right for you, estimate your ROI HERE to see how choosing different pieces of equipment will affect your bottom line.
Are you ready to finance? Contact your local TriMark Sales Representative OR click HERE to apply now. You may also contact TimePayment directly at (781) 328-9511 or restaurantfranchise@timepayment.com
Legal Statement
TriMark USA has partnered with TimePayment to bring our customers an equipment payment option. You are not obligated to utilize TimePayment and have the right to use any other third-party financing options at your discretion. If you choose to engage with TimePayment, TriMark may receive a commission or other consideration. You acknowledge that any decision to engage with TimePayment for financing is made at your sole discretion and that TriMark is not a party to the agreement.