RentCo Back-2-Back Vendor Financing Program
Dealers in various machine and equipment get big boost in sales when they offer their products for lease or instalment. Usually, however, an equipment dealer is neither organized nor capitalized to handle sales financing. Others want to extend a lease service to clients for their assets but find it difficult to manage collections. That’s where RentCo has successfully come in and let the Dealer sell the equipment to RentCo, which then subsequently lease the equipment back to the dealer who will then on lease to the his customers.