Information about financing heavy equipment from Yellow Iron Worx: 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 without 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 RPOs.
We can also put you in contact with financing companies.