Finance a new or used Vertical Drilling Rig through Mehmi Financial. Our construction equipment financing programs offer fixed payments, minimal paperwork, and approvals in as little as 24 hours for qualified applicants.
The Vertical Drilling Rig represents a significant capital investment for construction businesses across Canada. Mehmi Financial Group structures financing so operators can acquire this equipment without depleting reserves.
Leasing the Vertical Drilling Rig keeps the asset off your balance sheet, preserves credit lines, and provides predictable monthly costs. Ownership options at lease end include purchase, renewal, or return.
Mehmi Financial Group finances Vertical Drilling Rig units for businesses in every province — from British Columbia to Nova Scotia — with lenders experienced in construction equipment valuation.
Yes. Used Vertical Drilling Rig units are commonly financed depending on age (typically under 10–14 years), condition, and documentation. Rates may be slightly higher than for new units.
Terms range from 24 to 84 months. Shorter terms mean higher payments but less total interest; longer terms reduce monthly payments and improve cash flow.
Down payments vary by lender and applicant profile. Some programs offer zero-down options for strong credit applicants. A 10–20% down payment is common.
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