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Understanding Rent-to-Purchase: A Smart Way to Buy?

What is Rent-to-Purchase mean? Rent-to-Purchase allows you to rent a piece of heavy equipment for a period of time and put your rental payments towards paying down the machine.

 

How Rent-to-Purchase can help with key problems!

CASH FLOW AND UPFRONT COSTS

  • With limited capital it can be hard to purchase outright. Renting for the first 1-3 months can allow to bring down the cost of equipment while securing finances.

DECIDING WHICH EQUIPMENT IS RIGHT FOR YOU

  • It can be hard to decide which piece of equipment is right for your long-term needs. Rent-to-Purchase allows the ability to test and try. Allowing you to decide which equipment fits your needs.

WHEND DOES RPO MAKE THE MOST SENSE?

  • Typically, when you are growing your business Rent-to-Purchase allows you time to make the best decisions for your business in terms of finances and equipment fleet. If you find yourself frequently renting, learn which equipment your frequency rent. Does it make sent to own these rather than rent?

 

Rent-to-Purchase at State Tractor

We want to work with you on your Rent-to-Purchase options! Contact us so we can learn more about your equipment needs and help you today!

Learn more about RPO here: 🔗 RPO Program

Learn more about ownership versus renting here: 🔗 Rent or Own your Equipment?