You can shop for the equipment yourself, or we can tap into our nationwide network of dealers to help you find it. Start shopping
Instead of you spending lots of money up front and putting pressure on your cash flow, we can purchase the equipment for you.
You can rent or lease the equipment from us and pay for it in small, regular amounts with the money it helps you make.
You can buy the rental equipment at any time; or own the leased equipment at the end of the lease.
Our commercial kitchen equipment financing allows you to get the equipment you need without you having to spend a lot of money up front.
It means you can hold onto precious cash needed to pay for things you usually can’t get finance for (e.g. wages, rent, stock, utilities, unforeseen emergencies).
You can apply for finance on our website 24/7 or at any one of hundreds of equipment-dealer showrooms throughout Australia.
We can approve online applications of up to $65,000 within 5 minutes; our funding-approval rate is over 94%.
Our Rent–Try–Buy funding solution allows you to try the equipment before deciding whether to upgrade it, buy it, continue renting it, or return it.
In other words, we let your equipment grow and change with you — flexibility no other financier, cash, or credit card can match.
Your Rent–Try–Buy payments are 100% tax deductible.
And you can claim the interest component of your Lease-to-Keep payments as well as the equipment’s depreciation.*
Hospitality equipment finance can allow you to get more or better equipment than you can afford to purchase outright.
This superior equipment can help boost your business’s efficiency and productivity, improve the quality of your food and beverages, save you time, and reduce your energy or water use.
We finance not only new equipment, but also refurbished equipment, helping your budget go further.
This mostly ex-rental equipment is typically less than two years old and comes with a three-month warranty.
Need to preserve cash at a time when there's more going out of the business than coming in
Aren't sure exactly which equipment they need, and want to try it first
Want the flexibility of being able to upgrade, buy, or return the equipment, as their business grows or changes
Are looking for a way to start their credit history and unlock future opportunities
Don't qualify for finance from traditional lenders.
Want to get new equipment while maintaining a positive cash flow
Are retiring equipment and would like to try the new equipment to make sure it's suitable
Need to replace broken-down equipment quickly to minimise downtime
Are diversifying or pivoting and want to try unfamiliar equipment before committing to it
Are expanding and need to free up working capital to invest in other parts of the business.
We’re a new business and money is tight. SilverChef allowed us to get equipment to make our business grow without leaving us strapped for cash.
Martin Bouchier
Phat Mango
Darwin, NT
Without SilverChef, we literally couldn’t operate! SilverChef has freed up our cash to buy more produce, meet running costs, and pay the day-to-day bills.
Kylie Johnson
Kings Junction Cafe
Bungendore, NSW
Being able to rent from SilverChef has made my dream of opening a coffee shop a reality. The budget-friendly repayments are kind to the hip pocket, especially when starting out.
Corine Hubbard
Hugs With Mugs
Baldivis, WA
Being able to rent our equipment has allowed us to consistently upgrade [the equipment] as our business has grown and not worry about having to store or sell our old equipment.
Grant Wheeler
Last Crumb Cake Co.
Perth, WA
Just when you think you’ve run out of time to pursue your dreams, you’re given a lifeline to do what you once thought was impossible. SilverChef was that for me and more.
Tara Barchalk
The Sol Collective
Korora, NSW
To be honest, it’s the easiest and simplest way to get hospitality equipment installed for new businesses. The team are truly a pleasure to deal with. As we continue to grow, we will continue to partner with them.
Jason Carey
Blue Koala Café
Gold Coast, QLD
SilverChef not only provided finance for my new fridges, they were there to help me when my previous fridges blew up. They came to the rescue and got me sorted in no time. Best customer service any business could ask for.
Rick Bonham
Bargains Direct
Sydney, NSW
I took a ‘crazy’ leap of faith to buy a cafe during [COVID] lockdown. SilverChef has made it possible to turn my ‘crazy’ into a vibrant, positive and productive cafe. Without Silverchef I would be struggling with the old equipment that was holding me back.
Erica King
Gasworks Cafe
Melbourne, VIC
SilverChef should be renamed GoldChef, because that's the service they provide. I feel so proud to show off my new equipment. Every day is a great day because of SilverChef — they've made my experience amazing.
Annie Ambrose
Heavenly Grounded
Perth, WA
We’ve been Australia’s leading specialist hospitality-equipment funder for over 30 years.
We’ve invested more than $2 billion in the hospitality industry.
We’ve helped more than 74,000 hospitality entrepreneurs start and grow their business.
‘It’s cheaper to buy outright.’
‘I prefer to own rather than rent.’
‘I had the cash’.
These are some of the reasons people have given in the past for paying for their commercial kitchen equipment up front using cash.
While there’s no denying that cash payments are interest-free, commercial kitchen equipment
finance has other advantages that could potentially be more critical to your business’s success.
When you pay for equipment up front in cash, it’s money you can’t then use elsewhere in your business, for example to pay for wages, stock, or utilities.
Unless your business is flush with money, your cash purchase could make it harder for your business to meet its short-term debts.
In contrast, when you finance equipment, you can pay for it in small, regular amounts out of the revenue it helps generate.
This can help your business’s cash flow remain positive.
When you pay cash for equipment, there’s usually no going back.
If the equipment turns out to be not quite right, your only options are to either live with it or sell it (most likely at a significant loss) before buying another machine, further depleting your cash reserves.
With Rent–Try–Buy, you’re not tied to the equipment, which you can upgrade at any time; or, if things don’t work out, return after 12 months without penalty.
Or, if the equipment proves to be ideal, you can buy it from us at any time.
When you pay cash, the amount and quality of the equipment you buy is limited to how much you can afford at the time.
Financing can give you more money to spend, allowing you to buy more or better equipment.
This can help boost your business’s efficiency and productivity, improve the quality of your food and beverages, save you time, and reduce your energy or water use.
Not to mention that the equipment will probably last longer and won’t have to be replaced as quickly.
Your weekly Rent–Try–Buy payments are an operating expense.
That means they’re fully tax-deductible in the year they’re made.
Cash payments for equipment are a capital expense.
Normally, you don’t get an immediate tax deduction for capital expenses.
Instead, you claim the cost of the asset’s depreciation over its effective life, which can be several years or more.
When you pay for equipment up front in cash, it’s money you can’t then use elsewhere in your business, for example to pay for wages, stock, or utilities.
Unless your business is flush with money, your cash purchase could make it harder for your business to meet its short-term debts.
In contrast, when you finance equipment, you can pay for it in small, regular amounts out of the revenue it helps generate.
This can help your business’s cash flow remain positive.
When you pay cash for equipment, there’s usually no going back.
If the equipment turns out to be not quite right, your only options are to either live with it or sell it (most likely at a significant loss) before buying another machine, further depleting your cash reserves.
With Rent–Try–Buy, you’re not tied to the equipment, which you can upgrade at any time; or, if things don’t work out, return after 12 months without penalty.
Or, if the equipment proves to be ideal, you can buy it from us at any time.
When you pay cash, the amount and quality of the equipment you buy is limited to how much you can afford at the time.
Financing can give you more money to spend, allowing you to buy more or better equipment.
This can help boost your business’s efficiency and productivity, improve the quality of your food and beverages, save you time, and reduce your energy or water use.
Not to mention that the equipment will probably last longer and won’t have to be replaced as quickly.
Your weekly Rent–Try–Buy payments are an operating expense.
That means they’re fully tax-deductible in the year they’re made.
Cash payments for equipment are a capital expense.
Normally, you don’t get an immediate tax deduction for capital expenses.
Instead, you claim the cost of the asset’s depreciation over its effective life, which can be several years or more.
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) or $10,000 or more (Lease-to-Keep).
Yes — we’re happy approve your finance before you select the equipment, so you can go shopping knowing how much you’ve got to spend.
(Or we can approve it after you’ve found the equipment you want.)
When you apply for $65,000 or less of Rent–Try–Buy finance, we’ll generally only ask you three things:
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, please contact us.
With Rent–Try–Buy, 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.
The amount you’re approved for is your ‘master-agreement limit’, which is effectively the amount of credit you have available (i.e. your credit limit).
You can use some or all of it — it’s up to you.
If you use some of it, you can order more equipment later using the remaining amount.
The good news is your master-agreement limit does not expire, and you won’t have to apply again until you reach your limit. (SilverChef reserves the right to reduce a customer’s limit at any time.)
If you order additional equipment and if it’s been 90 days or more since your last transaction with us, we’ll re-run the credit check.
SilverChef owns the equipment and rents or leases it to you.
As the owner of the equipment, we’ll record an interest in the equipment on the Personal Property Security Register (PPSR).
You can use the equipment as you see fit, provided it’s used only for business (not personal/domestic) purposes; and you don’t sell, give, assign, lend or release the equipment to a third party to use without our approval.
Also, if you move the equipment from the location you originally gave us, you must tell us immediately.
If you Rent–Try–Buy the equipment, you can buy it (own it) at any time. If you Lease-to-Keep the equipment, you own it at the end of the lease, after making your final repayment.
Still have unanswered questions? See all our FAQs
^ If you rent the equipment for more than 12 months before buying it, we’ll reimburse 75% of your first year’s net rental payments and 25% of all subsequent payments — to put towards the purchase price.
* This advice is general in nature and does not consider your personal circumstances. Professional advice should be sought that is tailored to your personal situation.
