Question

·  How do I get started?
·  How do I pay my rent?
·  What about Delivery, Installation and Warranty?
·  Three Things Most People Don’t Appreciate About Renting…
·  Try our Rent Calculator

To begin the rental process please complete and return the application to fax 1800 884 431. Upon approval of your Rental Application, We will notify you of your approval and you can finalise the selection of the machinery that you would like to RENT/TRY/BUY. The Rental Agreement Documentation will be sent to you for your authority to proceed. Silver Chef also require payment of the first week’s rent in advance and security bond. The security bond is the equivalent to 13 weeks rent. This is payable via Cheque, Credit Card or Direct Credit in to Silver Chef’s Bank Account. Your future rental payments commence upon date of delivery of the equipment.

Please Note: The Security bond is refunded to you if you choose to exercise your purchase option or return the equipment after the minimum term.

All ongoing rental payments are made via weekly Direct Debit processing from your bank account to Silver Chef. We’ll provide you with the forms you need to arrange this.

The DDR form will list one month’s rental as the maximum amount to be debited (calculated as the weekly rental x 52 weeks / 12 months) as this will allow Silver Chef Limited to adjust the amount debited to accommodate any variations or changes to your contract you may require to better suit your business’ needs.

• Delivery, Installation and Commissioning of machinary are not included in the Cash Price of the Rental Agreement. The Coffee Megastore can provide you with details of Delivery, Installation and Commissioning of your choice of equipment.

• Warranty – New Equipment – As supplied by the Manufacturer subject to their Terms and Conditions of Trade.

Apart from the fact that you don’t need to provide a Director’s Guarantee to rent from Silver Chef, renting has three other very important benefits:

• It frees up working capital to help you grow the business. Paying ‘cash’ for kitchen equipment means you have less working capital available to promote and grow the business. You’ll always get a better return on your money by investing it in the business than by tying it up in kitchen equipment that depreciates rapidly;

• Remember, it’s the use of the equipment, not the ownership, that produces profit …

• Rental payments are an operating expense. This means no liability appears on your balance sheet – unlike when you take out a loan or lease. And because you have no balance sheet liability from your kitchen equipment, you can maintain a higher line of credit with your bankers.

It all comes back to working capital. Most businesses fail to thrive (or just plain fail) due to a lack of it.

Renting gives you access to working capital that you just can’t get by leasing or purchasing equipment.