Home > Finance solution from Silver Chef helps Bendigo business help people in need

Finance solution from Silver Chef helps Bendigo business help people in need

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Silver Che f’s Rent.Try. Buy. solution enabled businesses to free up working capital rather than spend it on depreciating assets and is helping a regional Victorian business save mothers and infants in northern India and impoverished people in Myanmar while offering a unique dining experience in one of Bendigo’s oldest buildings.
The brainchild of former Anglican minister John Steele, café Basement on View was created to raise money to help members of India’s largest tribe, the 10 million-strong Santal people.

The former Canon of Bendigo’s St Paul’s Cathedral, Mr Steele has worked with the City of Greater Bendigo for more than two years to bring his vision for a café, gallery and gift shop in the heritage-listed Capital Theatre building to fruition.
Mr Steele’s work has so far funded leadership training for the Santal people and the Child Survival Project, which aims to stem the high mortality rate of women and children in childbirth. His next goal is to raise enough money to build a hospital in northern India and boost a project providing sewing machines to allow the tribe’s women to learn skills to enable them to be self-sufficient.

But Basement on View, which showcases the work of Indian and Burmese people, as well as artists from the Bendigo community, would have stalled if not for a funding solution from Brisbane hospitality finance company Silver Chef.

The Rent.Try. Buy. solution assists all sorts of businesses, from hotels and bars to pizza shops and fine restaurants – in this case we’re helping a business that helps others,” Mr English said.

 Silver Chef’s Rent.Try. Buy. solution enables businesses to free up working capital rather than spend it on depreciating assets.

With access to equipment becoming more important than ever, renting is a solution that offers flexibility and helps businesses preserve valuable capital so it can be injected into other important areas of the business and ultimately aid growth. Under the Silver Chef Rent.Try. Buy. solution, businesses can return equipment at the end of their 12 month contract or receive a 75 percent rental rebate if they decide to buy. Rent payments on equipment are also tax-deductible.

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