So, you have just opened your food business and having spent all your money setting it up you suddenly find that you have a cash crisis. What do you do? Don't worry, Silverchef have the answer!
What is Buy Back?
Buy Back allows you to sell your eligible hospitality equipment to us, then we rent it back to you through our industry-leading Rent-Try-Buy product.
Benefits of Buy Back
Manage your cashflow better and get the freedom and flexibility to grow your business.
• An immediate injection of funds to help run your business
• Release capital that’s tied up in depreciating equipment.
Benefits of Rent-Try-Buy®
• Simple, low weekly payments
• Flexibility to purchase at anytime, avoiding costly buyout penalties.
• Off balance sheet finance doesn’t impact your borrowing ability
• May be eligible for tax benefits
• If the equipment isn’t working for you, return it to us after 12 months and make no further payments
It’s easy to get started
To get your cash out of your equipment and back into your business, here’s what we need from you:
• Commercial hospitality equipment that’s no older than two years.
• The original supplier’s invoice
• An invoice from your business to SilverChef, including your account information.
• Photos of the equipment to be funded, including the serial number, data plate, date manufactured and model number.
4 Steps
1. Apply for finance - call Sydney Commercial Kitchens to start the process
2. Tell us about your equipment - Provide copies of the original supplier’s invoice, an invoice to Silverchef from your business, and photos of the equipment.
3. Receive your funds - Once your finance is approved and it has been confirmed that your equipment is eligible, you’ll receive the funds from SilverChef, to buy your equipment from you.
4. Start your finance agreement - Start your 12-month finance agreement with our low weekly payments.