Equipment Leasing (Lease-to-Own)
Equipment leasing lets you put a spray foam rig to work with less cash up front. Many lease structures used in the trades are lease-to-own (sometimes called a $1 buyout or capital lease), meaning you're building toward ownership rather than simply renting.
How it works
- 1
You submit financing details on the rig and your business.
- 2
We connect your application with lenders that offer lease structures for construction and spray-applied-equipment businesses.
- 3
You review the lease term, monthly payment, and end-of-term purchase option before signing.
- 4
At the end of the term, many lease-to-own structures let you purchase the rig for a nominal amount.
Good for
- Newer businesses or owners who want to preserve working capital for materials, fuel, and payroll
- Contractors who plan to upgrade or add rigs on a regular cycle
- Applicants who may not yet qualify for the most competitive loan terms
Typical factors for this financing type
General, industry-typical patterns — not a guarantee. Every lender sets its own criteria, and your specific approval and terms depend on the financing source you're matched with.
Time in business
Some lease programs work with businesses under one year, though terms vary
Credit profile
Lease programs can sometimes accommodate a wider credit range than a straight equipment loan
Down payment
Often lower or no down payment compared to a purchase loan, offset by the overall cost of the lease
End-of-term
Fair-market-value or $1 buyout structures are both common — confirm which applies before signing
Equipment Leasing (Lease-to-Own) FAQs
No. A rental is typically short-term with no path to ownership. A lease-to-own (capital lease) structure is a financing tool — you make payments over a set term and typically have the option to own the rig once the term ends.
Leasing can mean a lower upfront cash requirement and, in some cases, more flexible qualification. It's a tradeoff worth comparing against loan terms for your specific situation — that's part of what this application process helps surface.
Compare your other paths
Equipment Loans
A term loan secured by the rig itself — you own the equipment once the loan is paid off, and the rig typically serves as its own collateral.
Working Capital & Line of Credit
Financing that isn't tied to a specific piece of equipment — useful for rig maintenance, replacement parts, hose and gun repairs, or covering a gap between jobs.
New vs. Used Rig Financing
Financing is available for both brand-new rigs from a dealer and used equipment purchased directly from another contractor or a private sale.
Start your spray foam rig financing application
Tell us about the equipment you need and your business, and we'll connect you with financing sources that work with spray foam contractors.