There are plenty of benefits to renting heavy equipment. However if you are a company the downside is that you are not building equity and may consider a Rental Purchase Option (RPO). When outright purchasing isn’t an option you may want to consider an RPO. With the RPO you can rent the equipment you need and still build equity. It gives you the option to turn that into a down payment that is needed to finance your equipment with any risk. You may benefit from a rent to purchase option if you need your heavy equipment for a long period of time.
Contact Yellow Iron Worx for more information or if you have any questions regarding RPO’s.
We can aslo put you in contact with financing companies.