Rental Purchase Option (RPO)
Stay agile, control cash flow, and grow your fleet
Rig Source’s Rental Purchase Option (RPO) is a game-changing solution designed for today’s drilling contractors who want to stay agile, control cash flow, and grow their fleet without jumping through the hoops of traditional financing.
Unlike bank loans that often require 5+ years of business history, personal guarantees, and piles of paperwork, Rig Source’s RPO puts you in control. It’s especially valuable for growing companies that have been in business for less than three years and are routinely turned away by banks and finance companies.
With our RPO program, every monthly rental payment builds equity toward ownership, reducing your final buyout cost month after month. The equity you build functions as a down payment when you pursue financing. Banks value this structure because it provides a built-in deposit, making the deal more attractive and mitigating the need to put down a deposit at all.
Rig Source’s RPO program is built with business owner and contractor realities in mind:
No long-term commitment: Return the rig, purchase it, or swap it for a different unit at any time.
Low risk, high flexibility: If you spec’d the wrong machine, outgrew your need, or want to upgrade, you’re not locked in.
Built-in exit strategy: Peace of mind knowing you’re never stuck with a rig that doesn’t fit your operation. And if you choose to return it, you avoid the depreciation hit typically associated with ownership.
Rig Source’s RPO program delivers the flexibility of renting with the equity-building benefits of ownership. It’s equipment acquisition made simple, smart, and strategic.
