Installment Rent to Own Plans
With our low-cost Installment Plans, you can rent-to-own your selected heavy equipment. Our program allows you to place a down-payment or in some situations, trade-in your old equipment. We will work with you to structure a payment that fits your individual situation and usage. This unique program lets you use the equipment, and schedule a buy out plan at the same time. This is a low-cost option to help you become an owner of your equipment. Once you are an owner, other benefits may apply such as depreciation costs and Section 179 deductions. Please check with your tax advisor.
Rental Plans: Heavy Equipment
With our easy-to-understand Rental Plans in North Dakota and Montana, you can get the equipment you need, for as long as you need it. Just pay for the machinery when you need it, and return it when you don’t. It’s an efficient, cost-friendly way to use the equipment on our schedule.
Leasing: Capital and Operating
Our Finance Leasing program lets you obtain the equipment you need, generally with just a first and last month payment. Buy-out options range from fair market value buy-outs, to end of term purchase options. $1.00 out, 10%, 20% are just a few of the buy-out options. Whatever you determine, the monthly payments will be determined by the interest rates obtained and the amount due at the end of the lease.
Financing: Loans and Advances
RNF has relationships with a variety of banking sources and private lenders who can provide capital for equipment, or other business needs. Many times an Equipment Finance Agreement (EFA) may provide the most benefit for your company, while other times a short term cash injection may be the answer. It is all part of the evaluation process we go through with our clients.