RAKA HAS THE FINANCING THAT FITS

Considering how to finance your equipment is an important step. At RAKA, we offer several financing solutions to accommodate your business financial structure, budget, and approach to equipment acquisition.

RAKA HANDLING FINANCING PROGRAMS

INSTALLMENT SALE CONTRACT

If you prefer to purchase the equipment but want to pay for the machine over an extended period of time this option could be the best fit for your needs.

BENEFITS
  • Claim the tax benefits of ownership – including depreciation and interest expense deductions
  • Financing available for both new and used equipment
  • Installment sale contract is our lowest total cost option for equipment ownership
TERMS
  • Length (new equipment): 24-76 months
  • Length (used equipment): 24-76 months (depending on equipment age)
  • Finance Rate: Generally fixed (floating rates may be considered)
  • Down Payment or Trade-in: Generally required
  • Tax Benefits: Depreciation retained by customer
  • Payment Flexibility: Monthly, quarterly, semiannual, annual, seasonal, skip and accelerated payments are available

LEASING

Post-lease option to return equipment, re-finance, or purchase.

BENEFITS
  • 100% financing for qualified customers
  • Lower payments tailored to meet your cash flow needs
  • For tax purposes, in most cases the customer claims the expense
  • Flexible purchase options available
TERMS
  • Length (new equipment): 1-5 years
  • Length (used equipment): 1-5 years
  • Payment Flexibility: Monthly, quarterly, semiannual, annual, seasonal, skip and accelerated payments

GOVERNMENTAL LEASE/PURCHASE PLAN

For qualified non-federal governmental agencies who desire special low-interest rates and flexible finance terms.

BENEFITS
  • Low interest rates
  • 100% financing is available
TERMS
  • Length (new equipment): 1-10 years
  • Length (used equipment): 1-7 years
  • Payment Flexibility: Monthly, quarterly, semiannual, annual, and variable payment plans
  • Non-appropriations clause: May return equipment due to non-appropriation of funds
  • 100% Financing: Available for qualified customers
 
Know what you’re paying upfront with no surprises. RAKA provides service programs and guaranteed cost per maintenance contract.
 
Discover a fast and easy online way to managing your account, invoices, and payments.
 
From warranty to protection plans, we deliver customized plans and offer the best level of protection for all your equipment needs.

FINANCING SOLUTIONS

Our goal is to provide a solution that meets the individual requirements of your company. Whether it’s choosing the right equipment or the right financing structure, the RAKA team is here to ensure the best purchase experience.