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RENT-TRY-BUY
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Hospitality equipment finance solutions that help improve your business's cash flow

SILVERCHEF’S commercial-kitchen-equipment finance saves you from having to make a large upfront outlay on your equipment, easing the pressure on your business’s cash flow.

We have two hospitality-equipment finance solutions for you to choose from, including Australia’s most flexible: Rent–Try–Buy®.

WHICH WOULD SUIT YOU BEST?

Compare finance solutions

Rent-Try-Buy® Lease-to-Keep
May suit you if you’re
  •  A new or established business
  • Not entirely sure which equipment you need and want to try it first.
  • An established business  
  • Certain which equipment you need and plan to use it for years to come.
What is it
Operating lease
Hire-purchase agreement
Trading history
None required
More than 12 months'
Finance amounts
$1,000 or more
$10,000 or more
Finance term
12 months ²
24, 36, 48 or 60 months
Upfront costs
  • 1 week’s rent in advance 
  • Security bond (refundable): 

     - 6 weeks’ rent (less than $200,000) 

     - 12 weeks’ rent ($200,000 or more). 

  • Establishment fee of $495 
  • 1 month’s lease payment in advance.
  •  
Who owns the asset?
We do, and you rent it from us (though you have the option to buy it at any time).
We do — until you make the final payment. Then you own it.
Payment frequency
Weekly
Monthly
Tax deductions
Rental payments (100%)
  • Interest component of lease payments  
  • Depreciation of equipment  
  • Claim back all your GST payments in your first BAS after your lease starts.
Other fees and charges
Transportation of equipment, and cost for us to clean and service it (if you return the equipment to us).
Early-termination fee of $300
Options during finance term
Buy
Yes ³
Yes ⁴
Upgrade
Yes ⁵
No
Return
No
No
Options after finance term
Buy
Yes ³
Yes — $0
Return
Yes ⁶
No
Upgrade
Yes ⁵
No
Continue renting
Yes ⁷
NA
Ownership plan
Yes ⁸
NA
If you buy the equipment, you’ll get back this much of the rent you’ve already paid ⁹
Weeks 1 to 52
75%
NA
Weeks 53 and beyond
25%
NA

1. If you’re an accredited franchise, or an unaccredited franchise with a franchise disclosure document, you’re not
required to have a trading history.

2. This finance term applies to most types of equipment. The term for some types of ‘non-standard equipment’ (e.g. smallwares and audio-visual equipment) is 24 months.

3. We require four weeks’ notice of your intention to buy.

4. An early-termination fee of $300 applies.

5. ‘Standard equipment’ only (i.e. virtually any type of commercial-grade electrical or gas appliance with a serial number and that was not custom-built). You’re responsible for transporting the original equipment back to us and the cost for us to clean and service the equipment so it can be certified and remarketed. If
you sell your equipment to us and rent it back from us under our ‘Buy Back’ scheme, you can upgrade the equipment after 12 months.

6. We require four weeks’ notice of your intention to return the equipment. You’re responsible for transporting the equipment
back to us and the cost for us to clean and service the equipment so it can be certified and remarketed.   

7. You can continue renting month-to-month for as long you as need to. If you agree to rent the equipment for another 12 months, we’ll reward your loyalty by giving you a 10% discount on your rent (Loyalty agreement).    

8. You can work towards owning the equipment over another two or three years (Easy Own). We’ll give you a respective discount on your weekly payments of 15% or 30%.

9. The rental rebate is not paid to you in cash. Rather, it’s deducted from the equipment’s purchase price.

Get started with SilverChef today!