Equipment financing

[reilly26]

I know there are plenty of companies that offer financing for equipment purchasing. I am currently in the planning phase for a new brewery on the East Coast and I am considering all options. Does anyone have any pros/cons from personal experience as far as financing or straight out purchasing equipment for a 15bbl start up brewery?

Thanks

[fa50driver]

From my recent experience, many of those equipment finance companies are reluctant to finance start-ups. Once you have positive cash flows, it makes it easier.

[Black Acre]

I would second what fa50driversaid. Unless you have other collateral to put up or a couple years of profits, it will be very difficult to find financing for a start-up.
Purchasing the equipment outright will also eliminate one more monthly expense that can be tough on a new business.