For a limited time
Well-qualified businesses & owners in the US can enjoy 0% financing for 12 months on roastery equipment purchases. Bundle coffee roasters, venting, accessories and freight and let our financing partner help you expand your business.
Special Financing FAQ
Business owners with good credit and at least two years in business will typically get approved quickly. If you haven't been in business for two years but have great credit, that might be enough to get you approved.
Equipment has to be installed in the US.
0% financing requires a 12 month term but our financing partner is prepared to offer reduced interest rates for 18, 36, and 48 months.
The application process only creates a 'soft hit' on your credit file and will not affect your credit score.
Furthermore, if you move forward, this loan will belong to your business and not to you as an individual so it will not affect your score.
No, sorry. With equipment financing, the total cost you agree to pay for the deal will not change if you pay it off early. This is common across the industry. Leverage this loan to preserve your cashflow through your growth.
Unfortunately, this zero and low interest program is only available in the US but our financing partner does have regular financing options for Canadians.
If you are beyond the US & Canada, you can likely get financing in your own country. Have your lender contact us if they have any questions regarding terms or fulfillment.
We partner with Dan Mercurio at Navitas Credit on this program. Dan works closely with our team to coordinate approvals and final order details but he will manage your application and approval process.
This program is available through the end of 2023.
Need planning advice?
Before you sign, let's talk through your plans and make sure you're on the right track. We can review your space and make sure you've chosen equipment that is compatible with your capacity. You can also use our Coffee Roastery Revenue Calculator to understand how drum size converts to retail and wholesale coffee income. We've made the financing available, now let us help you make a smart decision.
Yes, absolutely. About 40% of our financed machinery is financed by the individual banks of the buyers. If you have a good relationship with your commercial bank, it's a good idea to talk to them first. They are welcome to reach out if they have any questions.
Yes, you usually can. But let's have a quick conversation about your specific order and lending terms as there may be a few things regarding liability and ownership that we might know (and you should know).
If your state considers you a manufacturer, you can likely be exempted from paying sales tax.
Loan: If you're securing a loan for your machinery, you'll managed that exemption with us and we should run through the sales tax exemption process before you sign your documents.
Lease: If you're entering a lease agreement, you will want to talk to your leasing company about exempting your equipment - it will be up to them if you pay sales tax or not.
Unfortunately, our partners typically only work in the US (and sometimes Canada). You can likely get financing in your own country. Have your lender contact us if they have any questions regarding terms or fulfillment.
Is Financing the right choice for you?
A short note from Mill City Roasters® founder, Steve Green.
We’re ready to help you finance your dreams or expand your existing business but our unique take on financing is this: Don’t do it unless it makes sense.
Most every would-be entrepreneur runs into a lot of well intentioned and mostly unapplicable advice about how to start a business. You know those inspirational poster-worthy phrases like ‘do what you love’, ‘follow your passion’ and the often misapplied ‘no risk no reward’ which takes people down a path of thinking that ALL risk is rewarded – spoiler, it is not. And don’t even get me started on the whole “business plan” hullabaloo where you’re supposed to calculate exactly how much money you’re going to make before you sell a single pound of coffee. Let’s be real – that’s not a plan. That’s a wishlist.
Credit can be a powerful tool, but the easy availability of credit can short circuit creativity and rob you of the opportunity to become the professional overcomer you want and will need to be. Worse, the burden of debt can rob you of future options that you’d otherwise be in a position to embrace.
Don’t think for a minute that I’m anti-financing or that I think you should pay cash for everything. I am well aware that there are real tax advantages to financing and that lenders exist in a symbiotic, not predatory, relationship with business.
That said, lenders ultimately trust you to make sound business decisions for yourself. You should really only be thinking about borrowing money to buy a roaster when:
- You’re a shop owner that wants to expand into roasting to supply your own demand. You’ve got a built in source of revenue to floorplan the roaster.
- You’re currently selling coffee to people that have expressed the desire to expand that relationship and buy more coffee from you.
- You’re currently spending more than 2 hours a day in front of a smaller machine and need to increase your capacity.
- You’re a start-up, but you know enough about the business to take a chance and you can afford to cover the financing payments personally if things don’t work out as well as you hope commercially.
We want your business, but we also want you to succeed. If you still think financing is a good idea, we're here to help.