New for online bidders! Monthly payment calculator for equipment financing

Tips for buyers Comments

Check your estimated monthly payment while you bid

Two of the main benefits of financing your equipment purchases are low monthly payments and saving the cash to grow your business.

When you’re bidding on auction day, even if you’ve been pre-approved for equipment financing, you probably don’t have time to figure out your monthly payments. (A $20,000 purchase at 6% over 36 months equals…. how much per month? What about a $100,000 purchase over 24 months?)

Monthly financing payments for equipment

That’s why we’ve introduced a new financing payment calculator for online bidders. To make life easier.

VIDEO: how our financing payment calculator works

Using our new financing calculator is easy: when you enter the auction online, set your expected interest rate and payment term to see your estimated monthly financing payment updated in real time as you bid.

When you’ve finished bidding, you have the flexibility to finance a selection of your purchases or finance everything. You can easily see your total monthly financing payment and apply for financing with two simple clicks. (Or phone call, if you prefer.)

Watch this new video to see how our new equipment financing payment calculator works:

Fast, flexible equipment financing solutions

Ritchie Bros. Financial Services offers up to 100% financing, with $0 down, which means you have more working capital for your business—and can better manage your cash flow.

Apply for financing

Related articles:
When to buy, lease or rent used heavy equipment or trucks.
Get quick access to cash with our unsecured, short-term working capital loans
Made-to-fit heavy equipment and truck financing saves you money and helps grow your business New for online bidders! Monthly payment calculator for equipment financing

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