How Rent-Try-Buy® Works

1

Apply for funding

Silver Chef backs potential and approves 97% of applicants, most of the time within 24 hours. You can apply either through your preferred equipment dealer or directly with Silver Chef by phone or online at silverchef.ca/apply-now

A customer perspective

Silver Chef helps start-up restaurant disrupt the market

For Nevada Cope, success means more than fame and profit. She started her dream restaurant and set out new employment standards. When asked what Silver Chef enabled her to do she responded, ‘this would not have been possible without Silver Chef.'

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Silver Chef helps start-up restaurant disrupt the market

For Nevada Cope, success means more than fame and profit. She started her dream restaurant and set out new employment standards. When asked what Silver Chef enabled her to do she responded, ‘this would not have been possible without Silver Chef.'

Read More

2

Choose your equipment

Silver Chef partners with a large network of equipment dealers nationally. If you haven’t yet chosen a dealer, we can put you in touch with one suited to your equipment needs.

A customer perspective

Urban Juice press seeks to improve the health of people

As Ottawa's only stand-alone cold-pressed juice company, Urban Juice Press seeks to improve the lives of people through cold-press. Silver Chef helped us get the stuff we need for operations and so we didn’t have to pay it all up front, which is great!

Read More

Urban Juice press seeks to improve the health of people

As Ottawa's only stand-alone cold-pressed juice company, Urban Juice Press seeks to improve the lives of people through cold-press. Silver Chef helped us get the stuff we need for operations and so we didn’t have to pay it all up front, which is great!

Read More

3

Get your equipment

Once approved, your equipment dealer will finalize your transaction and arrange delivery. A 6-week refundable security deposit is required for all applicants. 

A customer perspective

Access to Silver Chef meant the flexibility to upgrade equipment easily

Dhruv Jhanjee (DJ), saw his business as more than just a restaurant. His ambition was not only to deliver the highest quality food but also provide an unrivaled customer experience for his diners.  Everything with Silver Chef was so simple, I wasn't organized but fortunately, they were!

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Access to Silver Chef meant the flexibility to upgrade equipment easily

Dhruv Jhanjee (DJ), saw his business as more than just a restaurant. His ambition was not only to deliver the highest quality food but also provide an unrivaled customer experience for his diners.  Everything with Silver Chef was so simple, I wasn't organized but fortunately, they were!

Read More

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:

  • Upgrade at any time. 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.
  • Purchase at any time. Once you know the equipment is right, you have the option to purchase. You’ll receive a 60% net rental rebate on your payments to date.

A customer perspective

Eh! Restaurant services the masses of university students

Already out of pocket due to servicing expenses on a broken-down fridge, Eh needed new equipment so that they could capitalize on grab-and-go customers. The Silver Chef Certified Used display fridge appealed because it was almost like new.

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Eh! Restaurant services the masses of university students

Already out of pocket due to servicing expenses on a broken-down fridge, Eh needed new equipment so that they could capitalize on grab-and-go customers. The Silver Chef Certified Used display fridge appealed because it was almost like new.

Read More

5

Weekly rental payments

Save your working capital with low weekly payments that – being a rental agreement – are 100% tax deductible* as well as off-balance sheet, meaning it won’t affect your ability to borrow for future expansion.

A customer perspective

Silver Chef allows Soft Peaks to keep up with large volume orders

Dan and Ken Kim started Soft Peaks with the ambition of bringing their love of soft serve ice cream to Vancouver. For them, renting equipment with Silver Chef enabled their business to keep up with large volumes of orders to place. 

Read More

Silver Chef allows Soft Peaks to keep up with large volume orders

Dan and Ken Kim started Soft Peaks with the ambition of bringing their love of soft serve ice cream to Vancouver. For them, renting equipment with Silver Chef enabled their business to keep up with large volumes of orders to place. 

Read More

At 12 months you can choose to

Easy Own®

Easy Own®

Continue to rent

Continue to rent

Return

Return

Purchase

Purchase

If you want to work towards equipment ownership, take advantage of our Easy Own® product. Enjoy a 30% discount on your weekly payments on a 36 month contract or a 15% discount on your weekly payments on a 24 month contract.
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 60% gross rental rebate on your payments made in the first year.

Meet Tom, and learn about Rent-Try-Buy®

 

Our Benefits

Silver Chef’s Rent-Try-Buy Solution gives you the freedom and flexibility to choose what works for your business. Some other amazing benefits of renting are:

 
 
 
 

  • Low weekly rent to keep cash in your pocket

  • 100% Tax deductible payments

  • Adapt to a changing environment with purchase, upgrade and return options

  • Off balance sheet funding which doesn’t effect borrowing ability

  • Avoid long-term commitment with a 12 month agreement

Rental Calculator

Silver Chef’s Rental Calculator allows you to gather an estimated weekly rent, based on your equipment costs. Simply enter your required amount and we’ll do the work!

Low weekly rent of
In less than 10 mins

Our Success Stories

  • Ritual Vancouver
    A successful start-up restaurant and coffee shop alone wasn’t enough for Nevada Cope, owner and founder of Ritual,...
    View MoreEn savior plus
  • Soft Peaks Story
    Soft Peaks
    Dan and Ken Kim opened the doors of Soft Peaks with the ambition of bringing their love of great soft serve ice cream to...
    View MoreEn savior plus
  • Eh Restaurant
    Servicing the masses of university students from Canadian college and passers-by in the heart of downtown Vancouver is Eh...
    View MoreEn savior plus
  • Tour De Feast, Vancouver
    Access to Silver Chef’s rental option meant the flexibility to upgrade equipment easily, without fuss! Dhruv Jhanjee (DJ...
    View MoreEn savior plus
  • Blackstar Coffee
    Marty Richards recounts the process of making the perfect coffee with the same complexity and passion as any winemaker preparing...
    View MoreEn savior plus
  • The Nosherie
    Vic Yehia has always felt at home in the kitchen. From an early age the simple smell of his mother’s cooking...
    View MoreEn savior plus
  • Pizza Hut
    "We opened our Pizza Hut store one year ago from scratch, which was a massive task," says Melissa Kalbitz, Pizza Hut...
    View MoreEn savior plus
  • The Bro'Kin Yolk
    Gilbert and Jeff Carlos started The Bro’Kin Yolk with the hope of bringing breakfast to the suburbs of Calgary, Alberta....
    View MoreEn savior plus
  • Bauer Meats
    As a small family company, Bauer Meats is proud to sell locally produced Alberta products. Arists, Annette and Michael Bauer,...
    View MoreEn savior plus
  • Urban Juice Press
    As Ottawa’s first and only stand-alone cold-pressed juice company, URBAN JUICE PRESS seeks to improve the health and lives...
    View MoreEn savior plus

We've helped over 28,105 people achieve their dreams