Foster and Gamko are doubling their interest-free credit offering to help operators afford new catering equipment.
The scheme means end users will have now have 24 months, double the time under the old scheme, to pay for the sister companies’ refrigeration and chilling equipment.
The firms are also introducing a 3-month payment holiday for products delivered before 31 October 2020.
The payment will then be spread over the remaining period, so for a 24-month contract, the payment will be spread over 21 months.
Ewen Cairns, UK sales manager for Foster and Gamko, said: “We’re really pleased to launch this offer, because we know it will help so many kitchen and bar operators.
“The industry is facing hard times during this pandemic, and we wanted to remind operators and dealers that we’re here to support you.”
Unlike other third-party credit schemes, the Foster and Gamko interest-free service is backed by a division of parent company ITW Ltd, a specialist in handling credit applications.
With no third parties involved, the company says it can offer this service without any hidden charges; there is no admin fee and no need for a deposit.