How do I lease a vending machine? Westways Vending can help
Whether you are a small business owner, facilities manager or part of a larger corporation, you may find yourself asking – how do I lease a vending machine for my office or workplace? Leasing a vending machine can be an excellent solution if you want to provide convenience and ease for your staff. In this blog, Westways Vending will talk you through the process of vending machine leasing, so you know you can make the most informed decision.
Access your needs
It’s crucial to assess your specific needs to make sure that you choose the right vending machine for you. It’s worth thinking about:
- Where will you place your machine, and how many vending machines do you need?
- How many people will be using the machine?
- Do you want your vending supplier to look after all aspects of your machine, or do you want to be more hands on?
Choose a reputable vending machine supplier
When you choose which vending machine operator you want to work with, it’s important to work with suppliers that suit your needs. At Westways Vending, we pride ourselves on offering a range of high-quality machines and exceptional support throughout the leasing process. We are members of the Vending and Automated Retail Association, which means that we hold industry specialist Quality System accreditation.
When selecting a provider, make sure to ask about:
- Whether they offer the type and size of vending machine you need?
- If they provide regular maintenance and repair services?
- The length and conditions of the lease?
Understand your Lease Terms
When you lease a vending machine, you’ll often enter into a lease agreement with a 3rd party lender. It’s essential to understand the terms before signing. Key points to consider are:
- How long will the lease last? Typically leases last between three and five years.
- What are the payment figures? It’s important to be sure of the final agreed amount so you aren’t stung at the time to pay.
- Discuss with your sales advisor about your service agreement, and what you can expect when you sign. Are you agreeing to a fully managed service, or a maintenance only package?
Installation and Setup
Once you have signed your lease, your machine will be delivered. This process should be seamless. At Westways Vending, we handle everything from delivery to set up for you and will ensure your machine is operational from day one. Our dedicated installation team will be with you every step of the way.
The benefit of leasing is that you can upgrade your machine at the end of your term with minimum fuss. You can keep cash flow within the business rather than hand over a lump sum for a depreciating asset.
Leasing a vending machine is a smart, cost-effective way to offer convenient snacks and beverages in your office, without the commitment of ownership. You can assess your needs, and by choosing a reputable operator like Westways Vending, you also take the hassle out of vending. If you’d like to talk to us about how to lease a vending machine, please contact our helpful team today and we’d be happy to help.
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