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DRILL RIG LEASING

Flexible leasing provided by Rig Source through TIAA Bank.

Many of our customers are choosing to lease their equipment rather than purchase it outright. Why lease?

  1. Lower monthly payment compared to financing – preserving your cashflow for other needs
  2. Service contracts and extended warranties through the life of the lease – piece of mind knowing your rig is covered beyond manufacturers’ warranty periods!
  3. Flexible end-of-lease options for purchase or trade
  4. 36, 48, or 60 month terms available. 

Sample Lease Rates:

60-month lease

*$450,000 rig, 8% interest
$ 7,784
/month
  • Preserve cash flow
  • Flexible end-of-lease options
  • Extended warranty on equipment
60-month

48-month lease

*$450,000 rig, 8% interest
$ 8,728
/month
  • Preserve cash flow
  • Flexible end-of-lease options
  • Extended warranty on equipment
48-month

36-month lease

*$450,000 rig, 8% interest
$ 10,209
/month
  • Preserve cash flow
  • Flexible end-of-lease options
  • Extended warranty on equipment
36-month

Why lease instead of purchase?

Leasing makes sense for many situations

Reduce initial investment on equipment
Keep your cash flow healthy by reducing upfront costs.
Worry-free Service and Maintenance
Not only does leasing extend your manufacturer's warranty, but Rig Source also offers maintenance packages with our lease options!
Flexibility - Backed by the power of Rig Source
When you lease through Rig Source, you're leasing with the drilling industry's leader in service, support, and new rig sales.
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Lease your next drill rig or drilling support equipment with the experts at Rig Source!

 

Over the years, Rig Source’s success has been built on our strong foundation of impeccable customer service. And at the core of that customer service? One word: flexibility

Our financing options are no exception. Whether it’s through leasing, traditional financing, or rental purchase options, Rig Source has the flexibility and the experience to get you the drilling equipment you need when you need it!

Fill out the form to the right or call us at 630.365.1649 to find out Rig Source’s financing options can work for you!

INTERESTED IN LEASING? CONTACT OUR FINANCE SPECIALISTS TODAY!

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Contact the Rig Source Team Today

For more information on our multiple ways to finance your New Drill Rig purchase – contact us below or give us a call at 630.365.1649. Our flexibility in getting deals done sets us apart!