Lease-to-Own Plan: FAQs

Our lease-to-own scheme makes owning an IKAWA even more accessible.

The following FAQs should answer most of your questions; but please reach out to your account manager if you can’t find what you’re looking for.

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Q: What is the IKAWA Lease to Own Plan?

Our lease-to-own plan enables you to Lease an IKAWA through our financing partner, Navitas. The duration of the lease is 24 months and just like the name suggests, at the end of your lease you’ll get to own it.

Valid only for US-based customers.

Q: What are the benefits of leasing?

In many cases, leasing not only provides businesses with a full deduction of lease payments against current earnings* but also preserves working capital that you wouldn’t have access to if you had to purchase your equipment upfront.

*we are not accountants and therefore cannot advise you on tax laws. We do recommend that you talk with a CPA prior to entering into any financial agreement with anyone concerning tax advice.

Q: How do I get started?  What is the full process?

Get in touch: Either you or us will reach out to Navitas with your interest. This is simply to get you started and see whether you may qualify for our lease-to-own plan. You are at no obligation at this point. 

Speak with Navitas: One of Navitas’ representatives will review your application and get back to you — often within a day or two.

Send the Quote: Once you have the official quote from us, you’ll send it to Navitas.

Credit Approval: Qualified applicants can receive credit approval on your sample roaster order in as little as 2 days.

Make it Official: Navitas will send you a contract electronically or hard copy (if needed), you sign it and return it back to Navitas.

Receive your IKAWA Sample Roaster: We’ll schedule your delivery, ship your roaster, and send any relevant paperwork (tracking number, invoice, etc.).

Q: How is the deal structured? 

Step 1. Set up the lease equipment and downpayment with our Partner, Navitas for 2 years. You can add up to two down payments, which will be held as first and last security deposit.

Step 2. Navitas will send you a document outlining the agreement and they can explain the breakdown of your payments. Navitas charges $100 for the documentation and drafting the agreement.

Step 3. Navitas will own the equipment for the duration of the lease. 

Step 4. At the end of the lease period, you will purchase the equipment from Navitas through a nominal Dollar (1$)  Buyout Agreement. 

Are there any other costs?: No. If you have any questions about the leasing breakdown and/or costs please contact Navitas.

Q: Who is my point of contact?

Stephen Hausser is your Financing Specialist at Navitas.  You have one dedicated point of contact to facilitate your entire financing program powered by Navitas Credit.


Q: Will I have to pay an interest rate?

Yes. Depending on your credit score the range of interest that you will have to pay with our leasing partner, Navitas is from 5.5% to 15%. Any credit inquiries from Navitas are ‘soft pulls’ which means that your credit score will not be impacted by their inquiries.

Q: What are the variables that weigh on the interest rate?

Good and excellent credit scores tend to garner the lowest interest rates.  Fair credit scores receive moderate rates and more challenged credit ratings mean you face higher interest rates or low approval odds.

Q: What if my personal credit is not so perfect?

The recommended personal FICA score is 700.  If your business has borderline credit, you may find peace of mind knowing credit inquiries from Navitas are only a soft pull. No other lender out there can see it, only you can. So you can fill out a pre-approval form and see whether you qualify for our lease plan.

Q: Will you approve start-up businesses less than 2 years old?

Navitas is one of the few lenders that focus on the small and medium-sized business sector.  They finance start-up businesses up to $20k starting and approval rates depend on your personal FICA score as well as your commercial credit history. So, even companies that have been in business 0 to 6 Months can qualify. 

(One thing to keep in mind is that you may be asked to provide a minimum upfront deposit for the cost of the equipment you plan on leasing.)

Q: How soon do my payments start once the equipment is delivered?

Once you have received their equipment you will need to confirm receipt with Navitas before the cut off time of 2 pm EST. Payments will start after that.

Q: Is the lease transferable?

No. However, there is an option for a “sale-leaseback” that Navitas can work on with you. Let them know if you would like to know more about it.

Q: Can I combine other equipment in this purchase? Does IKAWA have to be the only dealer I lease from?

Businesses can perform a lending transaction with Navitas with multiple vendors.  The maximum is whatever you can get approved for, with 4 usually the most that Navitas sees. Talk to Navitas if this is something you might be interested in.

Q: How long does it take for a lease to be approved?

The whole process can take anytime from a couple of hours to 1 – 5 days.

Q: Can I put money down on the lease?

You can add up to two down payments and they will be held as first and last and security deposit. If you would like an alternate option, talk to a Financing Specialist at Navitas.

Q: Can I lease IKAWA reconditioned equipment?

You are able to lease any of IKAWA’s products: new or reconditioned. That includes our Pro V2- or Pro V3-Generation roasters or our Reconditioned V2 Sample Roasters.


Q: What are my options at the end of the lease?

To purchase the equipment outright with the ($1) Dollar Buyout.
To renew the lease with a new IKAWA Pro Sample Roaster
To return the equipment.

Q: Can I pay the lease off early?

Yes you can.  There is no penalty for early payoff, but not necessarily any benefit either.  If you have any intention of an early payoff, please talk to Navitas about it.

Q: Can I return the equipment and stop payments?

No, the lease is non-cancelable. You may return the equipment after all the lease payments have been made or pay your lease off early.

Q: How long can I lease for?

With our offering, the terms are 2 years.


Q: What happens if I lose the roaster?

Navitas offers insurance that covers theft or stolen property and information on this can be found on their website.  Customers may have their own insurance as well.

For all of the below questions, please reach out to IKAWA or Visit Our FAQ Page.

Q: What about the warranty for this roaster? What if I want to service my roaster?

When you purchase your IKAWA Sample Roaster with leasing, you will also need to purchase IKAWA Care, which is our plan that extends the warranty of your roaster by another year (giving you a total of a 2-year warranty) and gives you 50% off any service or repair your roaster may need.

Since your roaster will be covered with IKAWA Care for those two years, you can have peace of mind that if at any point you need support or assistance, you can get in touch with our support team and we’ll be able to help you. Just drop a line to and we’ll be happy to help.