Restaurant Technology – Is Financing Smarter Than Paying Cash?

By Jaclyn Grace posted 05-06-2019 14:03

  
When it comes to buying new technology to support your restaurant’s operations, it’s always best to pay cash, right? The conventional thinking is that financing adds a stream of interest expense to the cost of the equipment, making financing a more costly option than using cash alone. While this is true, like most things in business, there are other factors to consider before accepting that paying cash is a smarter decision than financing.   

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