How Lease-to-Keep works

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

Lease-to-Keep is for businesses who have been trading for more than 12 months and are financing over $10,000 worth of equipment. If that's not you, check out Rent-Try-Buy® - it's perfect for new businesses and finance applications under $10,000 - and it offers unrivalled flexibility.

Benefits of Lease-to-Keep

Save your capital

Growing your restaurant, roastery, café or bar is a costly business. When you lease your equipment, you keep precious capital on hand for other expenses.

Cost control

Consistent monthly payment amounts make cashflow easier to predict and manage, putting you in control.

Competitive interest rate

With low payments over a four year period, Lease-to-Keep is an affordable, smart solution to spread the cost of your equipment investment.

Tax benefits

You may be eligible for tax benefits including an instant asset write-off, tax deductions and advance input tax credits * .

For hospitality, by hospitality

SilverChef has been a dedicated finance provider to the hospitality industry for 35 years. We’ve helped over 50,000 customers achieve their dreams.

Interested in more flexibility?

Rent restaurant equipment with SilverChef and keep your options open with Rent-Try-Buy®.

Find out more

We've financed


hospitality venues

Free your working capital

'When we started the cafe, the idea was to have a sea change. We wanted to get out of Auckland, and this opportunity in Whangarei seemed perfect.

'SilverChef has helped us immensely. They provided us with fiannce for our large oven - something that would otherwise have been a huge cost upfront. We are also renting other bits and pieces from SilverChef, which gives us lots of flexibility. Doing it this way works very well for us.'

- Robert Findlay, Cafe Botannix

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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Lease-to-Keep frequently asked questions

What are the benefits of leasing kitchen equipment?

Having the right commercial kitchen equipment is critical to your restaurant’s success and profitability. But, fitting out a restaurant is a costly business. When you lease commercial kitchen equipment you can spread the cost over time. By leasing some of your equipment, you keep your upfront setup costs more manageable. You may also be able to claim your commercial kitchen equipment leasing costs as a tax deduction – but it’s important you talk to a professional tax advisor before making any decisions on this basis.

What’s the difference between leasing and renting restaurant equipment?

SilverChef offers a rental product – Rent-Try-Buy, and a lease product – Lease-to-Keep. They are different in several important ways. 

With Rent-Try-Buy, you rent your commercial kitchen equipment and make weekly rental payments for a 12 month term, while retaining the option to purchase your equipment or upgrade it during the term. At the end of the 12 month rental term, you have the additional options to return your kitchen equipment to SilverChef, continue renting it or work towards ownership with our Easy Own® product. 

With Lease-to-Keep you sign up for a 48 month term, you make monthly payments, and at the end of the term you own the commercial kitchen equipment* 

*providing the last payment has been made and customer is not in breach of the agreement.

Are there any tax benefits to leasing kitchen equipment?

Yes, there can be tax benefits to leasing commercial kitchen equipment rather than buying outright. When you lease restaurant equipment you may be eligible for tax deductions, and you may also be able to claim GST credits. It’s important to seek advice from a professional tax advisor before making any decisions based on this information.

What if I change my mind during the lease term? Can I return the equipment?

Lease-to-Keep is a lease to own option for restaurant equipment. Because you are working towards ownership you don’t have the option to return the kitchen equipment – you simply make your payments for the 48 month term, and at the end of the term, the equipment is yours. If you are looking for the flexibility to be able to return or upgrade your commercial kitchen equipment, our Rent-Try-Buy product may be a better choice for you - it offers flexible options during and at the end of the term.

Does SilverChef repair or replace the equipment if it breaks down?

No, if the equipment breaks while you’re leasing it, you will need to contact the manufacturer to arrange for repair or replacement. It’s important to keep any paperwork, including warranty documents, that come with your leased kitchen equipment. You are also responsible for arranging servicing and maintenance of your leased equipment in line with the manufacturer’s guidelines.

Are there any upfront costs for Lease-to-Keep?

Yes, the first payment consists of an application and documentation fee and your first monthly lease payment. Your first payment will need to clear into SilverChef’s account before your equipment will be ordered.

Can I terminate the lease before the end of the term?

With Lease-to-Keep you sign up to a 48 month term and you own the equipment at the end of the term – there are no flexible options. In some circumstances it may be possible to terminate the lease agreement early, but fees may apply. If you want the flexibility to purchase your equipment at any time, our Rent-Try-Buy product may be more suited to your needs. More information on Rent-Try-Buy can be found here.

Do I still need to insure the commercial kitchen equipment during the lease term?

Yes, when you lease your kitchen equipment through SilverChef Lease-to-Keep, you need to make sure you have appropriate insurance in place to cover the cost of replacing the equipment or repaying the lease in the event of fire, flood, damage or theft.