What is a conveyor toaster?

A conveyor toaster is a piece of equipment that uses chain-driven belts to carry, or convey, several slices of bread at once through toasting chambers.

These chambers are exposed to upper and lower radiant heating elements (sometimes convection too, to draw moisture out of the product and speed up the process).  

Bread is gravity-fed into the toaster via a sloping entry rack (also known as a slide loader). The conveyor belt keeps the bread moving so it toasts evenly on the top and/or bottom and doesn’t burn.

When it reaches the end of the conveyor belt, the toast rolls down an exit chute into a feeder area, ready to be eaten.

Am I expected to use all my finance at once?

The amount you’re approved for is what’s called your ‘master-agreement limit’, which is the amount of credit you have available to you.

You can use some or all of it — it’s your choice.

If you use part of it, you can order extra equipment later using the leftover amount.

You’ll be glad to know your master-agreement limit does not expire, and you won’t have to re-apply for finance until you hit your limit. (We reserve the right to lower a customer’s limit at any time.)

If you order extra equipment and if it’s been 90 days or more since your last deal with us, we’ll re-run the credit check.

How quickly can my finance applications be approved?

You can receive approval for up to $65,000 of Rent–Try–Buy funding in less than five minutes (provided you have submitted the necessary information to us and passed our credit check).

If you require more than $65,000, we’ll respond within one business day to ask you for more information; chances are we’ll be able to give a decision on your application within three business
days.

Lease-to-Keep finance applications are usually processed within two business days, provided you have given us all the necessary information.

Who owns the financed equipment?

We own the equipment and rent or lease it to you.

Since we own it, we’ll register an interest in the equipment on the Personal Property Security Register (PPSR).

You can use the equipment as you wish, but only for business
(not personal/domestic) purposes; and provided you don’t sell, give, assign, lend or release the equipment to a third party to use without our okay.

Also, you must let us know straight away if you move the equipment from the location you originally gave us.

If you Rent–Try–Buy the equipment, you can purchase it (own it) whenever you want to. If you Lease-to-Keep the equipment, you’ll own it after making your final lease repayment.

* This advice is general in nature and does not consider your personal circumstances. Professional advice should be sought that is tailored to your personal situation.