Whether you’re an equipment & truck buyer, dealer or reseller, or company decision maker, Ritchie Bros. Financial Services is here to help your business. With a wide range of services including flexible financing & leasing, rent-to-purchase, capital solutions, dealer financing, secure transaction management and more, we’re your one-stop-shop financing partner.
Flexible financing, leasing, and more to help your business
One approval, buy what you want where you want with PurchaseFlex™ Financing
PurchaseFlex™ and LeaseFlex™ financing options give you the freedom and flexibility to source your trucks and equipment anywhere – from Ritchie Bros., dealers, or private sellers. With these options, you benefit from:
- Quick application, fast approvals – as little as one day
- Up to 100% financing with $0 down
- Affordable, low monthly payments
- Flexible payment schedules
- Shop anywhere for almost anything without the need to get re-approved for different assets
Rent-to-Purchase: a flexible alternative to buying outright
Ritchie Bros. Financial Services’ Rent-to-Purchase solution lets you get the equipment you need without committing to buying. With this option:
- We buy it, you rent it
- Available for new & used equipment
- Equipment dealer of your choice
- 12-24 month contract
- Earn equity while paying rental rates
- Flexible, end-of-term return options: buy the machine at pre-agreed price, continue renting, or return it with no commitment
PurchaseSafe™ Secure Transaction Management for peace of mind in private sale
PurchaseSafe™ Secure Transaction Management service eliminates the risk and hassle of private sale. This comprehensive service protects buyers and sellers against scams, ensures items are lien-free, expedites interstate & international transactions and more. Ritchie Bros. provides:
- Professional lien search
- Secure funds transfer & payout coordination
- Taxation paid on your behalf
- Invoicing and sales documentation
- Title transfer
Capital solutions tailored to help your business
Ritchie Bros. Financial Services offers a wide range of proven capital solutions to help your business in a variety of situations. We offer refinancing, bridge loans, mezzanine financing, M&A and LBO financing, and other core and non-traditional financing instruments.
- Transactions range from $500,000 to $50M
- Up to 100% loan-to-value (collateral & situation dependent)
- Pricing commensurate to risk
- Terms from 6–72 months, with extended amortization where appropriate
- Cross-border lending capabilities throughout North America
Grow your business faster with dealer financing solutions
Use Ritchie Bros. Financial Services’ end-user retail financing when selling equipment to your customers, and take advantage of our inventory financing to fill your showroom.
Floorplan/inventory financing
Save your capital – finance your auction purchases of equipment for re-sale
- Up to 100% financing and competitive rates
- Minimum credit line of $150,000
- Dedicated Dealer Relationship Managers
Retail financing
Attract more customers, increase sales with financing solutions for end-user buyers
- Lending solutions for your customers of all credit types
- Offer your customers up to 100% financing at competitive rates
- Single page credit application up to $250,000 OAC
Count on the experts at Ritchie Bros. Financial Services
- US$1+ billion financed in 2022
- 10+ years of equipment financing experience and tens of thousands of satisfied customers
- Team of 200+ equipment finance experts ready to help you at every step of the way
