If you would like to apply for Silverchef Finance, please contact us
1. APPLY FOR FUNDING
Silver Chef backs potential and approves 96% of applicants, most of the time within 24 hours.
2. SELECT YOUR EQUIPMENT
Browse our range of coffee machines, grinders and other equipment to find the right solution for you.
3. GET YOUR EQUIPMENT
Once approved, We will finalise your transaction and arrange delivery. If you are funding equipment for a business you have owned for over 2 years, you’re not required to pay a security bond. For all other applicants, a 6 week refundable security bond is required.
4. 12 MONTH RENTAL AGREEMENT
Rent-Try-Buy® is a 12 month agreement that lets you try before you buy. During this time you can:
5. WEEKLY RENTAL REPAYMENTS
Save your working capital with low weekly payments that – being a rental agreement – are 100% tax deductable as well as off-balance sheet, meaning it won’t affect your ability to borrow for future expansion.
Enjoy a 30% discount on your weekly payments and at the end of 36 months, you’ll own the equipment.
If you want to keep your options open, continue renting the equipment and the purchase price will continue to drop with each weekly payment. Alternatively, you can commence a new 12 month agreement with the same flexible options as the first 12 months but with a 20% discount on your weekly payments.
If you’ve decided the equipment no longer suits your needs, simply return it with no further obligation.
If after 12 months you know the equipment is right for you and you’re in a financial position to pay out, you have the option to do so. You’ll receive a 75% net rental rebate on your payments made in the first year.
For example, if your 2 Group coffee machine isn’t keeping up with your orders, replace it with a 3 Group and pay the difference in weekly payments.
Once you know the equipment is right, you have the option to purchase. You’ll receive a 75% net rental rebate on your payments to date.