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INSTALLMENT SALE CONTRACT
For the customer who desires immediate equipment ownership yet wants to pay for
the machine over an extended period of time. Trade-ins or down payments are typically
included in these transactions.
BENEFITS
 You may claim the tax benefits of
ownership - including depreciation and interest expense deductions.
New and used equipment may be financed.
The installment sale contract is our
lowest total cost option for machine ownership.
TERMS
Length (new equipment): 1-5
years
Length (used equipment): 1-4
years
Finance Rate: Generally
fixed (floating rates may be considered)
Down Payment or Trade in:
Generally required
Tax Benefits: Retained by customer
Payment Flexibility: Monthly,
quartly, semiannual, annual, seasonal, skip and accelerated payments
RING POWER FINANCING
The Ring Power difference extends beyond product offerings. Our sales representatives
use a variety of computer programs to aid in machine performance evaluations and
financial analysis of your equipment decisions.
Ring Power Financing Options give you a wide range of choices to assist you
in your equipment investment. We offer aggressive rental programs and flexible lease
purchase plans for our entire product line. Depending on your situation, these can
be structured for both short and long terms.
Should a purchase better suit your needs, Ring Power has very strong relationships
with all of the major Finance/Leasing companies throughout the United States including
Caterpillar Financial Services Corporation. Below-market interest rates are available
for our entire new and used product line with terms that meet your objectives. Ring
Power has invested in an experienced staff that will be happy to work with you to
insure that your purchase is structured in a way that best suits your needs.
Make Ring Power your one-stop shop for all of your equipment needs. Besides offering
physical damage insurance for machines that are either rented or purchased from
us, we can give you a customized quote on your entire equipment fleet. Additionally,
we have formed an alliance with one of the nation's leading insurance companies
that can offer the additional broad based insurance products you may need.
Ring Power provides financing alternatives for international transactions as well.
These alternatives apply to United States companies working overseas as well as
to companies in other countries.
Should you have any questions concerning our financial products, please feel free
to contact our Credit Manager, Marc Fowler, at (904) 737-7730. At Ring Power,
we have a wide range of options available for equipment financing, and we'll work
with you to pick the right one. After all, shouldn't your money work as hard as
your CAT equipment?
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Equipment Specials
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Equipment Lease
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