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Pay with SilverChef Rent-Try-Buy & keep your cash in your business

12 month rental agreement
Low weekly payments
Change, upgrade or own 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?

Low weekly payments for hospitality equipment

Talk to a hospitality financing consultant

SilverChef Rent-Try-Buy is equipment financing made for hospitality. It's a 12 month rental agreement that allows you to get the hospitality equipment you need while giving you the flexibility to change, upgrade or own your equipment at any time. All while keeping your cash flow healthy with low weekly payments.

Equipment financing for all business types:

New
Established
Franchise

Financing from $1,000 - $100,000+

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.

We welcome startups

Starting a new business? Congratulations! We have supported countless hospitality ventures without a business history, from day one of their hospitality journey.

Change, upgrade or own at any time

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.

Fast applications & approvals

Our standard application time is less than 5 minutes for funding under $35,000. Approvals take as little as 5 minutes as well.

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Raveena Oberoi

Just Cakes

"Having the flexibility of Rent-Try-Buy has been huge, it makes my life as a business owner a lot easier. I’d recommend Rent-Try-Buy to everyone who needs equipment.”

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Taylor Shi

Forest Café & Seven Mystery Roastery

“I would say SilverChef is really flexible and easy to apply. They’re really helpful for people looking to start a business”

Ron Carson

Carson’s Q

“The main challenge of opening a restaurant is capital. The process of getting Rent-Try-Buy funding was incredibly simple, it only took a few minutes and a few pieces of paperwork. It really was that simple!”

*Actual customers, told in advance they might be included in advertising.

HOW SILVERCHEF RENT-TRY-BUY WORKS

It’s fast and easy to get started!

Apply for SilverChef Rent-Try-Buy

Financing up to $35,000 is available with minimal documentation needed. For amounts over $35,000, additional requirements may apply.

Choose your equipment

Select your equipment from your preferred dealer

Start your rental agreement

Once your financing is approved and you have chosen your equipment, you are ready to start your rental agreement.

Let us tailor a solution for you

Talk to a hospitality financing consultant

FREQUENTLY ASKED QUESTIONS

Your most asked questions - answered

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 while giving you the flexibility to change, upgrade or own your equipment at any time. All while keeping your cash flow healthy with low weekly payments.

Are there any other fees or charges?

Aside from weekly rental payments, the fees and charges are:
• A refundable security deposit — equivalent to six weeks rent.
• The cost of transporting any equipment returned to us during or after the 12 month rental period. This varies based on the equipment’s weight and the distance it needs to be transported.
• The cost of cleaning and servicing any equipment returned to us during or after the 12 month rental period. The cost can vary depending on the type of equipment and its condition.

When the Rent-Try-Buy agreement expires, will I automatically own the equipment?

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).

When do I start paying rent?

Your rental payments will start once your preferred equipment dealer submits the invoice for your equipment to SilverChef to pay. If you anticipate any delays in using the equipment due to construction or other issues, it’s recommended you hold off on ordering equipment until closer to the date your business is ready to begin operating. In select cases, we can delay the start of your contract for up to 3 weeks if the equipment delivery is delayed after the invoice is processed. This is on a case-by-case basis and at the sole discretion of SilverChef.

What is the rental rebate?

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.