Frymaster
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Mehmi Financial Group helps businesses finance and lease Frymaster equipment, including fryers, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Frymaster units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Frymaster
Frymaster has made commercial fryers since 1935, when it was founded in Shreveport, Louisiana, according to Frymaster. In 1958, Colonel Sanders chose Frymaster fryers for KFC, its first major chain partnership, and in 1990 Frymaster launched the industry's first built-in manual filtration system. Frymaster focuses on faster recovery, longer oil life and smarter controls.
Frymaster equipment on our list
Our list includes Frymaster H17 and MJ45 deep fryers, used by quick-service restaurants, full-service restaurants and institutions.
How lenders view fryers
Fryers are financed mainly on the restaurant's cash flow and usually as part of a kitchen package. Lenders review bank statements, time in business and the quote.
Financing Frymaster equipment
Franchise operators often finance fryers with other line equipment during openings or remodels.
How Frymaster equipment financing works
Most Frymaster 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 Frymaster fryer
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 Frymaster models with financing pages
| Model | Type | Category |
|---|---|---|
| Frymaster | Equipment | Restaurant |
| Frymaster H17 Deep Fryer | Fryer | Restaurant |
| Frymaster MJ45 Deep Fryer | Fryer | Restaurant |
Tax treatment of Frymaster 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 Frymaster 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 Frymaster equipment
Restaurant: independent restaurants, franchises, bakeries, caterers, ghost kitchens and food manufacturers finance Frymaster 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 Frymaster 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 Frymaster fryers?
Yes, usually as part of a kitchen equipment package.
How long has Frymaster made fryers?
Frymaster has made commercial fryers since 1935.
Can a franchise finance fryers for a remodel?
Yes. Lenders review the franchise's financials.
Can filtration systems be included?
Yes, when they are on the same quote.
Can a new restaurant finance Frymaster equipment?
Yes, often with a down payment or guarantor.
Can installation be included?
Some lenders include installation.
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