RAKA FINANCING Flexibility, convenience, and competitive rates to get the most value out of your equipment. REQUEST A QUOTE 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 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 machine 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 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): 1-7 years Length (used equipment): 1-5 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. APPLY FOR CREDIT Discover a fast and easy online way to managing your account, invoices, and payments. PAPERLESS INVOICING Peace of mind financial protection that covers your equipment repair or replacement costs. PROTECTION PLANS 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 in the industry. CONTACT US