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LIEBRICH401

finanacing a new rig

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There are no manufacturers who finance anything. There were a handful of manufacturers, and a few gear stores, who partnered with financing companies to help jumpers get loans for rigs. In the end, it was a seperate deal between you and the finance company, so you still needed good credit and still ended up paying an 'average' interest rate on the loan.

You could just as easily secure your own financing through a bank or credit card. But reall, if you can't swing the purchase price, why would you want to spend more on then that by adding interest to the total?

Just buy used stuff for half of that amount, or less. If you already have a rig, you could sell it, or just build off of that. Maybe you could carry over your reserve to the newer rig, and you just saved $1000.

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