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SilverChef has helped more than 50,000 businesses bring their dreams to life over the past 30 years, through flexible equipment finance designed exclusively for the hospitality industry.
Your options
What is it? | Rental agreement | Hire purchase agreement |
Who owns the asset? | SilverChef and you rent it from us | SilverChef, until your final payment is made – then it’s yours |
Minimum finance amount | $1,000 | $10,000 |
Term | 12 months (1 year) | 48 months (4 years) |
Options at the end of term | Flexible options available Choose to purchase or upgrade the equipment during or at the end of the 12-month term. At 12 months, you have additional options to continue renting, return the equipment or work towards ownership.
| You own your equipment At the end of term, you make your final payment, then you own the equipment. |
Potential tax benefits | Your rental payments are generally tax deductible. | You may be eligible for tax benefits and deductions. |
Upfront payment? | Six weeks’ bond, plus first week’s rental payment. | $495, plus first lease payment. |
Regular payment frequency | Weekly | Monthly |
Please note: Terms and conditions apply. Tax considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information.
How to get started
Don’t put it off any longer. SilverChef’s Rent-Try-Buy® offers flexible funding for hospitality equipment, making it easier for you to open that café, expand that restaurant or renovate that bar. Why wait? Don’t dream, Do with SilverChef