Rent to Purchase Option (RPO)
Grow your fleet without the wait, the paperwork, or the risk
Traditional financing wasn’t built for growing drilling contractors. Banks want years of business history, personal guarantees, and a mountain of paperwork, and if you’re under three years in, you’re often turned away before the conversation even starts.
Rig Source’s Rental Purchase Option (RPO) gives you another way in. Rent the equipment you need now, and every payment you make works toward owning it.
How it works
Every monthly payment builds real equity toward the rig’s purchase price. That equity lowers your buyout cost over time, and if you later move to financing, it can serve as your down payment. Banks recognize this structure and often view it favorably, since it reduces or eliminates the deposit they’d otherwise require.
Built for how contractors actually operate
No long-term commitment. Return the rig or buy it outright, whatever your business calls for.
Flexibility without penalty. Chose a rig that doesn’t match the job? Outgrew it? Ready to upgrade? You’re never locked into a decision that no longer fits.
A clear exit, built in. If your needs change and you return the rig, you walk away without absorbing the depreciation hit that comes with ownership.
Rig Source offers rental equipment for geotechnical, environmental, and exploration core drilling applications, along with support equipment for a range of jobsite needs.
Renting's flexibility. Ownership's upside.
RPO combines the low commitment of a rental with the long-term value of ownership — so you can move fast, protect your cash flow, and grow your fleet on your terms.