Turbo Air
Explore & Source Quality Equipment Across Canada. Whether you're exploring our inventory of pre-owned trucks and heavy machinery or sourcing equipment through a private sale, we help you secure the best deals and handle transactions smoothly, safely, and competitively with our dealer network.
Mehmi Financial Group helps businesses finance and lease Turbo Air equipment, including restaurant equipment, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Turbo Air units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Turbo Air
Turbo Air offers more than 500 refrigeration units, including reach-ins, prep tables, undercounters and open display cases, several with a self-cleaning condenser.
Turbo Air equipment
Turbo Air equipment shows up in sandwich shops, pizzerias, cafes and grocery delis.
What lenders look at
Underwriting focuses on the business's deposits and time in operation; smaller owners may be asked for a down payment.
Financing Turbo Air equipment
Prep tables and display cases are usually financed with the rest of the line.
How Turbo Air equipment financing works
Most Turbo Air 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 Turbo Air restaurant equipment
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 Turbo Air models with financing pages
| Model | Type | Category |
|---|---|---|
| Turbo Air | Equipment | Restaurant |
| Turbo Air Refrigeration | Equipment | Restaurant |
Tax treatment of Turbo Air 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 Turbo Air 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 Turbo Air equipment
Restaurant: independent restaurants, franchises, bakeries, caterers, ghost kitchens and food manufacturers finance Turbo Air 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 Turbo Air 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 Turbo Air prep tables?
Yes.
How many units does Turbo Air offer?
More than 500 refrigeration units, per its site.
Can open display cases be financed?
Yes.
Can a deli finance Turbo Air units?
Yes.
Can I bundle Turbo Air with cooking equipment?
Yes.
Do I need a down payment?
It depends on the file.
.svg){kind=small}