Introduction to business with Gastronova
Investing in a food truck is an important step in business. The right form of financing will help you get off to a fast and efficient start, without putting unnecessary strain on your cash flow.
Choose your funding according to who you are
For companies and entrepreneurs
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1. Self-financing
What does it mean? Self-financing means that you buy the food truck with your own funds without the need for a loan or lease.
Payment terms
- 60 % of the price upon signing the contract
- 40% of the price before delivery
Benefits
- No interest and no liabilities
- Food truck immediately belongs to you
- You have no restrictions on the use of the trailer
Disadvantages
- Requires sufficient capital
- It can limit your liquidity and business development
Example
30 000 € = 18 000 € at signing + 12 000 € before delivery
2. Business loan (Tatra banka)
What does it mean? If you do not have enough cash for self-financing, you can use a business loan from Tatra banka. This loan allows you to spread the cost of buying a food truck into long-term instalments.
Parameters
Loan amount: 5 000 – 50 000 € (also without collateral)
Repayment period: 12 – 72 months
Interest rate: individual (indicatively from 6,5 – 9 % p.a.)
Drawdown: after approval of the loan can be used directly for the payment of the advance and the supplementary payment
Benefits
- Option to finance the entire food truck purchase
- Flexibility in repayment (especially with overdrafts)
- Early repayment option without penalty
- The food truck is yours from the moment you buy it
Disadvantages
- Interest costs increase the total cost of the investment
- Required to provide proof of statements and creditworthiness
Example
(€ 30 000 for 60 months, 7% p.a.)
Monthly instalment:
590,32 €
Both the first and the second payment go directly from the loan
3. Operating lease (Grenke)
What does it mean? An operating lease means that you rent a trailer from Grenke for a certain period of time and do not pay the full amount at once. At the end of the lease period, you can choose one of three termination options.
Parameters
Minimum financing amount: from 500 € excluding VAT
Lease length: 15 – 60 months
Deposit: 0%
Approval: within a few hours
Benefits
- Does not burden cash flow - advance payment is refundable
- Fixed instalments simplify planning
- Repayments are a tax deductible expense
Disadvantages
- Interest costs increase the total cost of the investment
- Required to provide proof of statements and creditworthiness
Choose your funding according to who you are
- Buying a trailer for the residual price
- Lease extension
- Trailer return (not recommended)
Example
(€ 30 000 for 60 months, 7% p.a.)
Rental price: 618,00 €/month
The client pays 60% of the deposit → after the lease is approved, the deposit is returned and Grenke pays the full amount
Comparison of solutions
Type of financing | Down payment upon signing | Remaining before delivery | Monthly installment / Rental price (30k / 5y) | Remaining before delivery |
Self-financing | 60 % (paid by client) | 40 % (paid by client) | – | Immediately after payment |
Loan (TB) | 60 % (from loan, not own funds) | 40 % (from loan, not own funds) | aapprox. 590 € | After loan repayment |
Leasing (Grenke) | 60 % (refundable deposit, paid by client) | Grenke pays 100% of the amount | approx. 618 € | After lease termination |
Simulation of monthly instalments
rental prices (60 months)
Amount of financing | Loan (Tatra banka, 7%) | Leasing (Grenke) |
25 000 € | 495,03 € | 515,00 € |
30 000 € | 590,32 € | 618,00 € |
35 000 € | 693,04 € | 721,00 € |
40 000 € | 787,09 € | 824,00 € |
45 000 € | 885,47 € | 927,00 € |
Enhanced comparison of financing types
Parameter | Self-financing | Business Loan (TB) | Operating Lease (Grenke) |
Ownership | Immediately yours | Yours after repayment | Grenke during the lease |
Initial Costs | High | Low (from the loan) | Low (refundable deposit) |
Monthly Costs | None | Fixed installments | Fixed installments |
Repayment Period | – | 12–72 months | 15–60 months |
Interest Costs | No | Yes | Yes |
Option for early repayment | Not needed | Yes | Not always possible |
Tax benefits | No | Interest is tax deductible | Installments are tax deductible |
For natural persons
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1. Self-financing
What does it mean? Self-financing means that you buy the food truck with your own funds (Same conditions as for companies – 60% at signing, 40% before delivery)
without the need for a loan or lease.
2. “Instalment” loan (Tatra banka)
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Parameters
From €500 to €30,000
Fixed rate from 6.49%
Maturity up to 96 months
Early repayment option
Benefits
- Easy online approval
- Fixed monthly instalments
Disadvantages
- Higher total cost compared to self-financing
More about the loan
Get an individual proposal and quotation within 48 hours
Differentiate yourself from the competition! We will create a food truck with an original design and features tailored to your gastronomic dream.
