Best Equipment Suggestion > Lowest Price Guarantee > Setup by KORA Technical Experts > After Service Management
Kitchen & Catering Equipment
• Minimise the cost of installation and repair for various facilities, with thorough follow-up management
• Sale and exchange of used facilities between the members
Finance
1. Silverchef
The Silver Chef mission is to help hospitality business owners succeed. Whether you’re running your own restaurant or cafe, expanding an existing business or opening more venues, we can help you do it the smart way.
ACHIEVE YOUR DREAMS WITH SILVER CHEF
Rent-Try-Buy® is a unique funding solution to help reduce your risk when fitting out your hospitality business. Rent-Try-Buy enables businesses to rent their equipment for a minimum of 12 months and have the option of purchasing at any time and all rental payments are 100% tax-deductible.
You can free up your working capital with low weekly rental payments and you have the option to upgrade your equipment at any time or purchase and receive a 75% net rental rebate.
At the end of your 12-month agreement you can:
- Continue renting and the purchase price will continue to drop, or
- Return equipment with no further obligation
- Call us about our long term rental options and receive a discount on your weekly rent.
There’s no need for a large upfront capital outlay. We’ll buy the equipment while you decide if it’s right for you. With Silver Chef, commercial kitchen rental has never been easier, visit www.silverchef.com.au to find out more.
2. Business equipment finance
Facility whereby Customer (the business entity) takes ownership of the goods upon delivery, with finance institution securing the loan by a charge over the goods. A charge is a form of security that places a mortgage over the financed goods.
Cash flow retention: 100% finance so cash can be retained for other purposes. Customer may have equity in goods by way of deposit or trade in allowance.
Profit forecasting and budgeting: contracts are fixed for an agreed period and involve fixed payments, allowing greater accuracy in budgeting and cashflow forecasting.
Flexibility: option to select the term and the timing of repayments to suit your cashflows.
Tax advantages: depreciation, interest charges and fees relating to the transaction are tax deductible, provided the equipment is used to generate assessable income – you should seek your own taxation advice to confirm your position.