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  • Silverchef Equipment Finance

Silverchef Equipment Finance

SilverChef and Reward Hospitality partner to help hospitality businesses achieve their dreams. Together across Asia Pacific, we've financed more than 1200+ customers for equipment valued at a total of $22 million. That’s a lot of commercial kitchen equipment!

SilverChef’s finance solutions allow you to spread the cost of equipment over time and avoid tying up precious cash needed for other parts of your business. In addition, SilverChef gives you unrivaled flexibility to adapt your equipment to the changing needs of your business.

Rent-Try-Buy®

Lease-to-Keep™

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

  1. Apply for funding. It’s easy – apply online, over the phone or at Reward Hospitality Australia. Most Rent-Try-Buy applications are approved for up to $65,000 within 5 minutes.

  2. Choose your equipment. Work with the sales team at Reward Hospitality Australia and get the right equipment for your establishment.

  3. Order your equipment. Once your application is approved, Reward Hospitality Australia will finalise your order and arrange delivery.

  4. Start your agreement. Start your regular Rent-Try-Buy or Lease-to-Keep payments. 

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.

Contact your Reward Hospitality Australia rep, or give our customer service team a call, so we can help you get set up with SilverChef today.

Frequently Asked Questions

Which types of hospitality equipment can I get finance for?

We’ll finance virtually any type of commercial kitchen equipment that helps your business make a profit. The equipment must have an invoice value of $1,000 or more (Rent–Try–Buy and Custom Equipment Lease) or $10,000 or more (Lease-to-Keep). You can finance either standard equipment (Rent–Try–Buy or Lease-to-Keep).


What do I need to apply for finance?

When you apply for $65,000 or less of Rent–Try–Buy finance, we’ll generally only ask you three things:

• Who you are (driver’s licence and Medicare number).

• The business the equipment is for (Australian business number, or ABN).

• The business address (i.e. where the equipment will be located).

We’ll then run an identification and credit check before giving you a decision on your application. To find out what’s required for applications for more than $65,000 of Rent–Try–Buy finance or for Lease-to-Keep finance or Custom Equipment Lease finance, please contact SilverChef.


How long does it take to get approved for finance?

With Rent–Try–Buy and Custom Equipment Lease, you can get approval for up to $65,000 of hospitality equipment finance in under five minutes (subject to you providing us with the information required and passing an identification and credit check).

If you need more than $65,000, we’ll get back to you within one business day to ask you for additional information; we should be able to give you a decision on your application within three business days.

Lease-to-Keep finance applications are typically assessed within two business days, subject to you providing us with all the information required.


What is Rent-Try-Buy? 

Paying with Rent-Try-Buy gives you the flexibility to change, upgrade, or buy at any time. This means you don’t have to lock your cash into equipment purchases upfront—you can keep it available for unexpected business costs.

Rent-Try-Buy offers:

  • Finance options for all types of hospitality business including start-ups, catering, cafes, restaurants, bakeries, pubs & clubs
  • Flexibility to change, upgrade or buy at any time
  • Low weekly payments, 100% tax deductible
  • If you buy, SilverChef gives you back 75% of your net rental payments made in the first 12 months to put towards the purchase price
  • Fast applications & approvals