Quick answer: A gas turbine is a type of internal combustion engine that converts energy from fuel (typically natural gas or diesel) into mechanical power. This is achieved using high-pressure, high-temperature gases that rotate a turbine to produce usable energy.
Gas turbines are at the heart of modern energy systems, powering industries, infrastructure, and transportation across Canada. Whether used in electricity generation, industrial manufacturing, or aerospace propulsion, gas turbines deliver the mechanical power and efficiency that businesses rely on every day.
But these high-performance systems come at a high cost—and that’s where flexible financing becomes essential.
At Mehmi Financial Group, based in Brampton, Ontario, we offer tailored financing and leasing solutions for businesses looking to acquire gas turbines across the Greater Toronto Area (GTA) and throughout Canada. Whether you operate in Toronto, Vancouver, Calgary, Montreal, Halifax, or Saskatoon, we help bring power to your business—without compromising cash flow.
What Is a Gas Turbine?
Common fuel sources include:
- Natural gas
- Diesel
- Jet fuel
- Biofuels (in advanced applications)
Gas turbines are known for their high energy output, quick startup, and efficiency—making them ideal for applications where power and speed are critical.
How Do Gas Turbines Work?
A gas turbine operates in three stages:
- Air Intake and Compression: Ambient air is compressed using a rotary compressor.
- Combustion: Fuel is injected into the compressed air and ignited.
- Expansion and Power Output: The resulting high-pressure gas spins turbine blades, converting thermal energy into mechanical energy.
This mechanical energy is either used to drive generators (for power) or mechanical loads (like compressors or aircraft propellers).
Where Are Gas Turbines Used?
Gas turbines are found in a wide variety of sectors:
- Power plants and electricity grids
- Oil and gas processing facilities
- Military bases and naval propulsion
- Industrial manufacturing plants
- Remote mining operations
- Aerospace and aviation
With rising demand for low-emission and flexible energy solutions, gas turbines play a key role in Canada's push toward cleaner, more reliable infrastructure.
Gas Turbine Leasing and Financing with Mehmi Financial Group
Gas turbines can cost anywhere from $500,000 to several million dollars, depending on output size, fuel compatibility, and technology. Our equipment financing plans allow you to spread out the cost over time, helping you protect cash flow while still acquiring mission-critical assets.
We offer:
- Term loans with flexible repayment schedules
- Capital and operating leases
- Zero or low-down payment options
- Fixed or variable rate structures
- Approvals
Authoritative references
- Innovation, Science and Economic Development Canada — Canada Small Business Financing Program:
The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders.
Program eligibility, lender criteria, tax treatment, and product terms can change. Verify current official guidance and the final financing documents before making a decision.
Frequently Asked Questions: Gas Turbines
- What is a gas turbine?
A gas turbine is a type of internal combustion engine that uses compressed air and fuel to produce high-temperature gas, which spins turbine blades and generates mechanical power. - How does a gas turbine work?
It compresses air, mixes it with fuel, ignites the mixture, and uses the expanding gases to drive a turbine connected to a generator or mechanical system. - What are the main applications of gas turbines?
They’re used in power generation, aviation, military propulsion, oil & gas refining, and industrial manufacturing. - What are the advantages of gas turbines?
High efficiency, rapid startup, compact design, and ability to operate in remote or off-grid environments. - What types of fuels can be used in a gas turbine?
Natural gas, diesel, kerosene, jet fuel, and biofuels in some systems. - What are the main components of a gas turbine?
Compressor, combustion chamber, turbine, fuel system, and control systems. - What is the life expectancy of a gas turbine?
With proper maintenance, gas turbines can last 15 to 30 years, depending on usage and environment.
Who We Help
Mehmi Financial Group supports businesses across:
- Brampton
- Mississauga
- Toronto
- Vaughan
- Edmonton
- Calgary
- Vancouver
- Ottawa
- Montreal
- Winnipeg
- Halifax
- St. John’s
- Saskatoon
Whether you're a utility provider in Ontario or an industrial facility in Alberta, we’ll help you acquire the gas turbine you need to power your operations.
Need to acquire a gas turbine? Apply now with Mehmi Financial Group and power your business with flexible financing anywhere in Canada.
Source perspective
BDC’s equipment-financing guide emphasizes the complete financing structure when comparing offers.
“Don’t focus only on interest rates”
For the equipment decision discussed here, compare the amount financed, payment schedule, collateral and remaining obligations alongside the quoted rate.