3T Développement

A group of brands specializing in catering and fitness (Côté Sushi, Fitness Park, etc.), 3T Développement has found in Leasecom the ideal partner to support its rapid expansion.

A framework agreement worth €1 million per year enables it to finance the purchase or renewal of equipment without compromising the company’s borrowing capacity.

A flexible, scalable formula that is perfectly aligned with the life cycle of each piece of equipment.

Context

With a turnover of €38 million in 2023 (+25%) and similar growth prospects for 2024, 3T Développement invests €8 million each year in opening new sites and €2 million in renovating equipment.

In addition to its own funds, the group uses traditional bank financing for commercial funds and works.

In the midst of restructuring its financing methods, the company was looking for a partner capable of offering solutions consistent with the life cycles of the equipment used by its ten brands: furniture, air conditioning systems, kitchen equipment, and sports equipment.

Solution

Leasecom provided 3T Développement with an initial credit line of €750,000 through a framework agreement.

Managed by the parent company, this enabled the financing of equipment for two new restaurants and the renewal of existing franchises.

Although the framework agreement is held by the parent company, it is the operating subsidiaries that sign the application contracts and repay the lease payments.

Since then, the annual amount has been increased to €1 million.

Benefits

The framework agreement proposed by Leasecom includes numerous services: supplier management, advance payments, and offers significant financial breathing space to the subsidiaries.

During the management of the files, it guarantees the flexibility necessary to quickly acquire heterogeneous equipment.

As an alternative to depreciation periods that are often not aligned with the actual life cycle — and therefore fiscally penalizing — the Leasecom solution translates into fees that can be assimilated to simple operating costs.

Customer testimonial

« Leasecom understood our needs by proposing a framework agreement that is perfectly suited to our development.

The financing of our equipment is now much faster… and with much less red tape. I am very confident about the future of our partnership. »

— Jamel Touati, General Manager