Startups welcome!
12 month rental agreement.
Low weekly payments, up to 100% tax deductible.
Change, upgrade or own the equipment at any time.
If you buy, we'll give you back a rebate on all payments made, to put toward the purchase price.
What is SilverChef Rent-Try-Buy?
SilverChef Rent-Try-Buy is a flexible, 12 month rental agreement that allows you to get the hospitality equipment you need, with the flexibility to change, upgrade or own the equipment at any time. All while keeping your cash flow healthy, with low weekly payments that are up to 100% tax deductible.
Equipment financing for all business types:
SilverChef offer equipment financing for new and established businesses. Whether you are just starting up, or a franchise that requires high usage equipment that's prone to wear & tear, we have a financing solution for you.
Starting a new business? Congratulations! We have supported countless hospitality ventures without a business history, from day one of their hospitality journey.
Try the equipment before deciding whether to buy it! You have the flexibility to pivot operations by being able to change the equipment completely. Or you can upgrade your equipment if you want to keep it in warranty, or you outgrow your current model.
Our standard application time is less than 5 minutes for funding under $35,000. Approvals take as little as 5 minutes as well.
After your Rent-Try-Buy 12-month minimum term, choose the option that best suits your business. Options include our Loyalty product with discounted weekly payments, upgrading your equipment, or returns, all designed to support your business needs.
Terms, conditions and restrictions apply. Participation subject to approval. Consult your own/tax/legal advisors whether this program is right for you.
Why Choose Silverchef?
Providing finance exclusively to the hospitality industry
Have used funding solutions from the SilverChef Group
We’ve invested more than $1.8 billion in the hospitality industry
We strive toward making a positive impact on people and the planet
Low weekly payments with SilverChef Rent-Try-Buy
Our customers are the heart of our business
*Actual customers, told in advance they might be included in advertising.
Frequently asked questions
Since SilverChef Rent–Try–Buy is a rental agreement, there are no interest rates involved.
Nonetheless, you can use our online rental calculator to determine your weekly rental payments and what it would cost to own the equipment if you chose to purchase it after 12 months of renting.
As the calculator shows, the net cost of owning the equipment may be as low as 10% (after factoring in tax deductions* and the rental rebate).
This figure is in keeping with:
Apart from the weekly rental payments (including one week’s rent paid in advance), the only fees and charges are:
No — although your rental payments will gradually lower the equipment's purchase price, there will still be an outstanding balance at the end of the 12 month agreement. To confirm how much the balance is, please call us at 1-888-233-9910 to request a buyout quote. You can purchase the equipment at any point during the rental agreement (not just at the end of it).
Your rental payments will start once you’ve confirmed your equipment order with your dealership and the dealer has placed that order. Your dealer will work with you to arrange equipment delivery to your business premises at a time that works for you.
If you decide to buy the rental equipment, you’ll get back 60% of the net rent you paid in the first year and — if applicable — 20% of the net rent you paid thereafter.
This ‘rental rebate’ is deducted from the amount financed — the rebate can’t be paid to you in cash.
