Heavy equipment leasing and financing
Whether your business is big or small, Ritchie Bros. Financial Services knows what your business needs to grow.
Take advantage of:
✔ Up to 100% financing with $0 down
✔ PurchaseFlexTM Financing approvals
✔ Affordable, low monthly payments
✔ No Payments for the first 120 days*
✔ Flexible lease options with potential tax benefits**
or by phone: 1.855.331.5750
Heavy equipment financing | Heavy equipment leasing | |
Available in | USA, Canada | USA, Canada, Mexico, Australia |
Options | Up to $10 million Up to 100% financing, $0 down | Up to $10 million Up to 100% financing, $0 down Multiple leasing options available: Terminal Rental Adjustment Clause (TRAC) Fair Market Value (FMV) Dollar Out |
Rates | Competitive | Competitive |
Terms | 24 – 72 months | 12 – 84 months (USA) 24 – 72 months (Canada) 6 – 36 months (Mexico) |
Funds available | As fast as 1 day | As fast as 1 day |
Funds can be used | Ritchie Bros. auctions, IronPlanet auctions, MarketPlace-E, dealers, private sales Local or cross-border purchases | Ritchie Bros. auctions, IronPlanet auctions, MarketPlace-E, dealers, private sales Local or cross-border purchases |
What we finance | Most equipment used for business purposes can be financed: Purchases Buy backs Refinancing Equipment acquired for non-commercial, consumer purposes (i.e. personal, family or household use) cannot be financed or leased. In certain countries, marine equipment and aircraft can be financed, subject to lender approval. | Most equipment used for business purposes can be leased: Purchases Buy backs Refinancing Equipment acquired for non-commercial, consumer purposes (i.e. personal, family or household use) cannot be financed or leased. Marine equipment and aircraft may be leased, subject to lender approval. |
Additional flexibility | Low monthly payments Payment schedules that match the seasonality of your business Make no payments for the first 120 days | Low monthly payments Payment schedules that match the seasonality of your business Varying residuals available |
Repayment options | Monthly, seasonal, or deferred payment | Monthly, seasonal, or deferred payment |