EVOhoreca, one of the biggest players in furnishing solutions for HoReCa industry, is premiering a new financing service for customers: operational leasing for furniture. The service is dedicated to entrepreneurs with small and medium business in the industry who want to make investments without affecting their cash flow.
The financing product is offered in partnership with Autonom Equipment Lease and is available for a minimum contractual value of 5000 euros. EVOhoreca estimates that the newly launched product will contribute to a 10% increase in turnover in 2023.
In the current economic context, where investors are more cautious than in previous years, EVOhoreca is launching a new product designed to help small and medium-sized businesses in the horeca industry. Operational leasing for furniture offers a higher operating efficiency, being an option especially for entrepreneurs who have limited access to financing sources.
“The revitalization of the industry in the post-Covid19 era comes with an announced and discussed crisis, against the backdrop of repeated price increases and the socio-political context. Therefore, with this product we target those who want to make investments to develop their business, but do not have access to European or private financing. Moreover, in the last year, a clear trend can be observed in the market towards projects of impact, with a higher quality, that rise to the level of an increasingly demanding end customer. Thus, in 2022 the number of orders decreased by 18% YoY, but the average value of the projects increased by 33%”, stated Alin Trușcă, founder and CEO of EVOhoreca.
The new product, launched in partnership with Autonom Equipment Lease, offers the possibility of using the desired equipment for carrying out activity, without the need to purchase and consequently block capital resources. Thus, the company maintains a predictable cash-flow, paying a fixed and 100% deductible monthly rate, over a period between 12 and 60 months.
“We are happy to conclude a partnership with EVOhoreca and offer access to professional solutions in the profile industry. We want to support the development of small and medium-sized companies through operational leasing solutions that provide access to the equipment necessary for development, without blocking the active capital”, said Mihaela Mihai, Autonomous Equipment Rental Manager.
Autonom Equipment Lease is the only operational leasing company present at the national level. The documentation required for applicants to this financing product is minimal and the response time is fast. The two companies also offer consulting services for choosing the best solution, both in terms of products and costs.
The process of accessing operational leasing for horeca furniture follows a few simple steps: the customer chooses the necessary products from the EVOhoreca portfolio, Autonom analyses the company’s creditworthiness, and following this analysis, the ordered equipment is delivered. More about the financing process, rate value, interest rate and a simulator for this product is available here.
EVOhoreca, one of the biggest players on the HoReCa furnishing solutions market, ended 2022 with a turnover of 1.6 million euros, a 33% increase compared to the previous year. In 2022, the company invested 100,000 euros in the increase of storage space, in the expansion of stocks and product portfolio, against the background of the revitalization felt in the industry after the lifting of all restrictions caused by the pandemic. For the current year, the company estimates an increase in turnover by at least 15% and a strong dynamic in the segment of hotel fittings.