VANCOUVER — Silver Chef has launched an online-approval platform across Canada to provide instant online funding approvals to hospitality businesses. Silver Chef’s online application system allows finance to be approved within minutes, making it the fastest secure route for Canadian hospitality owners to access capital and commercial hospitality equipment.
The online application allows hospitality owners convenient access to funding of up to $65,000. Partnerships with Docusign, Experian, Equifax and Trulioo enable Silver Chef to validate loan approvals within minutes.
Now available through Silver Chef’s valued dealer network coast-to-coast in Canada, this launch follows a six-month pilot in which $32-million has been facilitated through this platform supporting Canadian hospitality operators and partners.
“Silver Chef is responding to business demand for quicker secure access to capital among Canada’s hospitality owners,” says Robert Phelps, president of Silver Chef Canada. “We are committed to the longevity and sustainability of Canada’s hospitality sector, investing in technology that supports these businesses to grow and achieve their potential over the next five years.”