Alto-Shaam
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Mehmi Financial Group helps businesses finance and lease Alto-Shaam equipment, including ovens, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Alto-Shaam units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Alto-Shaam
Alto-Shaam invented the original Cook & Hold oven using its Halo Heat technology, creating a new category of low-temperature cooking, and showcased it at the 1968 National Restaurant Association Show, according to Alto-Shaam. It now builds combi ovens, holding cabinets, smokers and rotisseries.
Alto-Shaam equipment on our list
Our list includes the Alto-Shaam CTP20-20G combi oven and holding cabinets, used by restaurants, hotels, institutions, grocery delis and caterers.
How lenders view commercial kitchen equipment
Restaurant equipment is financed mainly on the business's cash flow, because used foodservice equipment resells for less than heavy machinery. Lenders review bank statements, time in business, the quote and installation (gas, electrical, ventilation).
Financing Alto-Shaam equipment
Combi ovens are often financed with other kitchen equipment in an opening or renovation package. New restaurants can be financed with a down payment or guarantor.
How Alto-Shaam equipment financing works
Most Alto-Shaam purchases are financed with an equipment loan or a lease. A loan gives you ownership from day one, with the lender registering a security interest (PPSA in Canada, UCC in the USA). A lease keeps title with the lessor and can lower the monthly payment, with a buyout, renewal or return option at the end.
What lenders check on a Alto-Shaam oven
Lenders look at the business cash flow, the location, and installation and ventilation costs. Commercial kitchen equipment is often financed as a package with installation.
Expect to provide a credit application, recent business bank statements, the dealer quote or bill of sale with serial number and age, and financial statements or tax returns for larger amounts.
See the full list of eligible equipment, compare equipment financing options, or estimate payments with the equipment financing calculator.
All Alto-Shaam models with financing pages
| Model | Type | Category |
|---|---|---|
| Alto-Shaam | Equipment | Restaurant |
| Alto-shaam CTP20-20G Combi Oven | Oven | Restaurant |
| Alto-Shaam Holding Cabinet | Equipment | Restaurant |
Tax treatment of Alto-Shaam equipment
In Canada, the CCA class depends on the asset and how it is used. Your accountant can confirm the right class. With a loan, you generally claim capital cost allowance and deduct interest. With a true operating lease, lease payments are generally deductible instead. See the CRA classes of depreciable property. In the USA, Section 179 and bonus depreciation may apply; see IRS Publication 946. Always confirm with your accountant.
End-of-term options on a Alto-Shaam lease
A $1 buyout lease is built for ownership: you keep the machine for a nominal amount at the end. A fair market value lease usually has a lower payment, and at the end you can buy the equipment at its market value, return it or upgrade. Read the return conditions, such as hour limits and wear standards, before you sign.
Who finances Alto-Shaam equipment
Restaurant: independent restaurants, franchises, bakeries, caterers, ghost kitchens and food manufacturers finance Alto-Shaam equipment to take on new work, replace aging units or add capacity.
The right structure depends on how the equipment earns money. A machine tied to a long contract can support a longer term, while seasonal work may call for skip or seasonal payments that some lenders offer.
Questions to ask the dealer or seller before you finance
- What is the exact model year, serial number and age?
- Is there a service history or recent inspection report?
- Is any warranty or extended coverage included, and does it transfer?
- Are attachments, delivery, installation and taxes itemized on the quote?
- For a private sale, is the equipment free of liens, and who will provide the bill of sale?
Insurance on financed Alto-Shaam equipment
Lenders and lessors require the equipment to be insured for its replacement or financed value, with the lender named as loss payee, before funding. Some also ask for liability coverage. Getting an insurance quote early avoids last-minute delays.
Frequently asked questions
Can I finance an Alto-Shaam combi oven?
Yes. Lenders review your cash flow, the quote and installation.
What is Halo Heat?
Alto-Shaam's low-temperature cook-and-hold technology, introduced in the 1960s.
Can installation and ventilation be included?
Some lenders include installation when it is on the quote.
Can a new restaurant finance Alto-Shaam equipment?
Yes, often with a down payment or guarantor.
Can holding cabinets be financed with other equipment?
Yes. Many lenders finance a full kitchen package.
Can a grocery deli finance Alto-Shaam equipment?
Yes. Lenders review the business's financials and the quote.
