Skip to main content

EconoLease and MCL Hospitality

EconoLease is proud to partner with MCL Hospitality to help hospitality businesses across Canada access the equipment they need. Whether you’re opening a café, upgrading your kitchen, or expanding operations, our flexible financing options are tailored to suit businesses at every stage of the hospitality journey.

Finance calculator

Equipment financing made for hospitality

With over 30 years of experience, EconoLease is your trusted partner for fast and easy financing solutions. Whether you need to finance new equipment, fund repairs or fitouts, access cash, or refinance debt, we provide quality service and tailored funding options from a wide range of lenders to ensure your business runs smoothly.

Our finance options are designed to suit a range of business needs, including:

  • Rent-Try-Buy — A flexible 12 month rental agreement that allows you to change, upgrade or own at any time
  • Lease — 12-60 month lease term with the best rates in market.
  • Loan — Cash loans to support your operating expenses, wage costs, repairs and more.

Whether you’re a start-up or established business, EconoLease can tailor a finance solution for you with Rent-Try-Buy, lease and loan products.

How Rent-Try-Buy works

EconoLease’s Rent-Try-Buy is a flexible, 12 month rental agreement that allows you to get the hospitality equipment you need, with the flexibility to change, upgrade or buy your equipment at any time. All while keeping your cash flow healthy, with low weekly payments that are 100% tax deductible.

With Rent-Try-Buy, you can:

Change, upgrade or own at any time
Try the equipment before deciding whether to buy it! You have the flexibility to pivot operations by being able to change the equipment completely. Or you can upgrade your equipment if you want to keep it in warranty, or if you outgrow your current model.

Maintain your cash flow
Avoid large upfront costs. Keep your capital free for day-to-day operations and growth.

Have 100% tax deductible payments
When you rent your hospitality equipment, you can treat the rental payments as an operating expense, which can be claimed as a tax deduction!

Make the most of your approval
Your initial EconoLease finance limit remains valid for 90 days, so you can add more equipment if needed.

Enjoy flexible options after 12 months
Continue renting (at a discounted rate), upgrade, buy, or simply return the equipment. If you buy, we give you back 60% of your net rental payments made in the first 12 months to put toward the purchase price.

Apply Now

Ready to get started? Talk to the team at [Insert Dealer Name] or click below to apply directly with EconoLease.

APPLY NOW

About EconoLease

EconoLease provides flexible financing for Canada’s hospitality industry. From independent cafés to full-service restaurants, we help businesses access the equipment and financing they need to achieve their dreams. Our Rent-Try-Buy, Lease, and Loan finance options give business owners the freedom to grow, adapt, and succeed with confidence.

Terms and Conditions:

Terms, conditions and restrictions apply. Participation subject to approval. See details at econolease.com. Consult your own tax/legal advisors whether this program is right for you