Iron Capital announced the availability of a Rental Purchase Option (RPO) for contractors needing used heavy equipment.
July 13, 2021
Iron Capital
Iron Capital has made available in North America a Rental Purchase Option (RPO) for contractors needing used heavy equipment. The program fills a gap between rental and new or used purchase alternatives.
Rentals fill a need for short-term contracts while purchase and financing is appropriate for long-term contracts. An RPO contract sits right in between.
“Many contractors are faced with the dilemma of renting for an immediate job, versus having a lower cost of ownership by buying,” says Paul Ireland, CEO of Iron Capital. We make it easier by providing a rental entry point but with an option to purchase that credits a significant portion of the rental payments. Our approach to RPO is unique in North America for used equipment.”
Iron Capital
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Iron Capital Launches Rental Purchase Option in North America
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