Flexible finance solutions for bakeries so you can choose what suits your venue best

Rent-Try-Buy®

Rent-Try-Buy® is a 12-month rental agreement, allowing you to try quality commercial bakery equipment before committing to buying it. Enjoy unrivalled flexibility when it comes to owning and managing your bakery equipment.

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Lease-to-Keep®

With Lease-to-Keep™ you get the commercial bakery equipment you need now, with low monthly payments spread over four years. At the end of the term, the bakery equipment is all yours. Simple.

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Is your bakery a franchise?

SilverChef has finance options designed specifically for bakery franchises so you can limit your upfront costs while setting up your all-important commercial bakery equipment. The ultimate flexibility for your bakery franchise.

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We've financed

1790

bakeries

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Making your dream a reality

'When I started the Great Pastry Shop, I wanted to make patisserie using honest, top quality ingredients and interesting techniques. Essentially, I like to create food with big flavours that is creative, tasty and visually appealing.

'SilverChef has helped me to grow my business by providing the equipment I needed to increase production and display my food in a beautiful custom-made chiller. My vision for the future is to continue to grow whilst maintaining creativity and attention to detail.'

- Rhiannon McCulloch, The Great Pastry Shop

Find out what our customers are saying

SilverChef has made it possible for us to expand our business … without the huge stress of having to put all our cash into purchasing brand-new equipment.

[I like the fact] SilverChef is focused on kitchen equipment financing. Their finance terms, options, and flexibility are very competitive compared to other financiers.

This was so much easier than dealing with the bank. SilverChef has been so helpful and efficient!

As this is my first hospitality-industry experience, money was a big problem, but with SilverChef I could get all the equipment I dreamed of without any hassle. It doesn't matter how big you are in hospitality — SilverChef is there for everyone.

SilverChef has been a great tool for us. It has allowed our kitchen to upscale equipment to meet growing demand without having to spend time reselling what we don’t need.

Thanks to SilverChef, we replaced three cooking appliances with a MerryChef and can now present much better food. We couldn't have done it without SilverChef.

It was an easy application process and I prefer usingused equipment instead of buying new. This is not only cheaper, but also more sustainable.

SilverChef has allowed me to access the equipment I needed to scale up my business and increase my supply. 

SilverChef has provided a seamless financing option to help us create our new retail space.

Get pre-approved today

There’s no obligation to finance with SilverChef as a result of completing an application. We also won’t run any credit checks without your permission.

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Bakery equipment - frequently asked questions

What equipment do I need to start a bakery?

Starting a bakery is a big deal. You want to start on the right foot so you are producing the yummiest baked goods and building your customer base as quickly as possible. This is only achievable with quality commercial bakery equipment that will help your workflow.

If you are looking for bakery equipment for sale, SilverChef provides good quality, stringently tested, used bakery equipment to get you started without massive upfront costs.

Some crucial commercial bakery equipment includes commercial freezers and fridges; stand and planetary mixers; pass through and under counter dishwashers, pizza fridges, display cases and prep benches to name a few. Browse our extensive range of bakery equipment for sale and see for yourself the choice you have to start enticing customers to buy your baked treats.

How to finance a bakery

So, you’ve decided to take the plunge and open your own bakery. The first thing to do is talk to a financial institution of your choice and secure a business loan for covering operating costs, renovating and wages.

SilverChef can help alleviate the financial strain by taking the cost of bakery equipment off the initial capital outlay. If you're looking for flexibility, and you're not 100% sure of the correct size and model of commercial bakery equipment you're choosing, you could opt for our Rent-Try-Buy product, which allows you to try the equipment in your bakery before you decide whether to buy, upgrade or return.

If you know what you want, you're financing more than $10,000 of commercial bakery equipment, and you've been in business for more than 12 months, you could choose our Lease-to-Keep option. With Lease-to-Keep you choose your bakery equipment, make monthly payments over a four-year term, and own your equipment at the end.

Who is responsible for servicing, maintenance and insurance of the equipment?

As the renter or lessee of the bakery equipment, you are responsible for properly insuring it, and arranging and paying for all servicing and maintenance on the bakery equipment. If your commercial bakery equipment breaks down this is a manufacturer warranty issue and you will need to contact the manufacturer to arrange repair or replacement as per their terms and conditions.

What are the benefits of renting equipment?

Renting new or second hand bakery equipment can be a good alternative to buying outright for a number of reasons. Firstly, there are a lot of costs involved in setting up and running a bakery, so choosing to rent new or used bakery equipment can leave you more money for running your business and other expenses. Secondly, there may be tax benefits to renting commercial bakery equipment – it’s important you discuss these with a qualified tax advisor before making any decisions.

Finally, with SilverChef’s Rent-Try-Buy you get additional flexibility over typical bakery equipment rental products. You can decide to upgrade your bakery equipment in the first 12 months if you need something bigger and better (in the same equipment category e.g. upgrade rented fridge to a bigger fridge); you can also decide to purchase it and get a 50% gross rental rebate on your payments so far (up to 12 months).

At the end of your 12-month contract, you can decide whether to keep renting your new or used bakery equipment, work towards ownership, or return. Please note that if you decide to purchase your bakery equipment after the end of your 12-month term, the net rental rebate drops to 25% after 12 months.

What is the difference between leasing and renting equipment?

The difference between leasing and renting has to do with the length of term – with the length of a lease typically being longer. SilverChef offers a rental product, Rent-Try-Buy; and a finance lease product, Lease-to-Keep. They are different in several important ways.

With Rent-Try-Buy, you rent your new or used bakery equipment and make weekly rental payments for a 12-month term, while retaining the option to purchase your bakery equipment or upgrade it during the term.

At the end of the 12-month rental term, you can return or continue renting the equipment.

To choose Lease-to-Keep, you must have been trading for a minimum 12 months, and be financing a minimum of $10,000 in bakery equipment. You sign up for a 48-month term, make monthly lease payments, and at the end of the term you own the bakery equipment (providing the last payment has been made and you are not in breach of the agreement).

Can I return my equipment before the end of the 12-month contract?

When you choose Rent-Try-Buy to finance your bakery equipment, it’s a good idea to be sure that you’re happy to rent it for the full initial 12-month contract (with the option to upgrade or purchase during the term). This is because, if you decide to return your bakery equipment before the end of the term, you will still be required to pay all the unpaid rental payments up to the end of contract term.