Birmingham-based Industrial Washing Machines (IWM) has recently launched a lease service for its custom-made and off the shelf washing and sanitising equipment.
Starting from £24 per week, the lease system allows companies in the bakery, butchery, ice cream, catering and other food industry sectors to use equipment and pay for it in monthly instalments as it generates profit.
Opting for a lease on one of IWM’s washing machines means that, unlike overdraft facilities, lease rentals are fixed throughout the period and unaffected by interest rate changes.
“The new lease option is suitable for those businesses wishing to upgrade their equipment at a manageable cost and thus remain competitive on the market,” explained Carl Hollier, MD at IWM. “What’s more, customers can simply add to or upgrade existing equipment at any time during the lease agreement, which is greatly beneficial for those businesses wishing to expand or increase their food production lines.”
For example, the CW4BT cabinet utensil washer is available from £24 per week, with larger models in the range such CW6BT and CW8BT starting at £34.50 and £45 per week respectively.