THE NEXT UP IN OUR “HOW-TO SERIES” COVERS THE COMPLEX AND POTENTIALLY CONFUSING TOPIC OF LEASING EQUIPMENT FOR YOUR DISTILLING OPERATIONS. THE TEAM AT BOSTON CAPITAL LEASING PROVIDED AN IMPRESSIVE ASSORTMENT OF IN-DEPTH ANSWERS AND ADVICE.
BOSTON CAPITAL LEASING
LEASE WHAT ARE SOME OF THE MOST COMMON SITUATIONS WHERE DISTILLERS LOOK INTO LEASING EQUIPMENT AS AN OPTION?
pieces, while others may include smaller items
WHAT ARE SOME OF THE MOST COMMON PIECES OF EQUIPMENT DISTILLERS LOOK INTO LEASING?
equipment in the planning or expansion stages of their business. As a distiller or business owner begins considering the financial viability of their
such as barrels and barrel racks to the list of equipment they are willing to lease.
operation, many like to compare the long term
The majority of the distillers contact leasing
costs of leasing versus the high up-front capital
companies to lease entire distilling systems (still,
requirement in purchasing distilling equipment.
mash tun, fermenters, tanks, etc.).
To shop around for leasing numbers and
its growth. Similarly, when a distillery is adding
WHAT ARE SOME OF THE DIRECT AND INDIRECT BENEFITS OF LEASING DISTILLING EQUIPMENT?
an additional location or expanding their current
The most obvious direct benefit to leasing
capacity, leasing new equipment can ease
distilling equipment is the savings in upfront
the financial burden and free up capital to
capital. Although there is typically a small security
avoid interrupting the existing business and its
deposit or downpayment on a lease, this payment
is nominal in comparison to a down payment, or
apply them to a forecasted financial plan could increase the distillery’s profitability and expedite
WHAT KIND OF DISTILLING EQUIPMENT IS AVAILABLE TO LEASE?
full payment, associated with purchasing new distilling equipment. The vital working capital saved through leasing equipment can then be
Nearly all distilling equipment can be leased.
directed back into the business for things such as
Most leasing companies will offer leasing
operating expenses and raw materials.
options on entire systems, including stills, tanks, fermenters and the associated parts, pumps and
equipment is the relationship established between
The magazine for craft distillers and their fans.