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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.
The cost of starting and running a hospitality business can be daunting. The old adage of having to spend money to make money can be hard when the money isn’t coming in. So to make things easier, we offer multiple financing options available through SilverChef that can be applied to equipment costing $1000 and up.
Don’t let the cost of new equipment stall your plans, buying a commercial fridge or freezer doesn’t have to break the bank. With financing options tailored to the commercial hospitality sector, you can set up your business the right way, without compromising on equipment.
Whether your dream requires 1 or 100 of our products, we make the application process painless. Inter-Fridge and SilverChef are partners, which makes getting finance for your equipment easy and quick. The simple process will get you through the paperwork fast so that you can get on with building your business. There are a range of tailored finance options that allow you to get going with just a small amount of money down. Finance through Inter-Fridge gives you more flexibility.
Lease-to-Keep:
With Lease-to-Keep you get the equipment you need now, with monthly payments spread over four years. At the end of the term, the equipment is all yours. This is a great option for established businesses looking to finance over $10,000 worth of equipment.
Rent-Try-Buy:
Rent-Try-Buy is a 12-month rental agreement, allowing you to try equipment in your business before you buy it. Perfect for businesses starting out, Rent-Try-Buy offers easy financing and the option to upgrade equipment as your needs change.
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
