With the growing geothermal industry in mind, Atlas Copco introduced the Mustang 4-F1 compact rig to help drillers become more competitive in this market.

As part of this effort, Atlas Copco Customer Finance North America has partnered with Wells Fargo Equipment Finance – Construction Group to offer beneficial financing and leasing programs for new Mustang customers. Atlas Copco’s Mustang Geothermal Drill Finance Special offers 36-, 48- and 60-month options. There is no advance payment on a standard loan, and one advance payment on the lease special.

“These plans are very economical from a monthly standpoint,” says Shawn McGill, business development manager with Atlas Copco Customer Finance. “Combined with 2009 tax incentives for equipment purchases, it is a great time for drillers to invest in new equipment that will help make them more competitive in the geothermal industry.”

These special financing programs are available until Dec. 31, 2009, and local Atlas Copco representatives will have the most current rates and terms available. All transactions are subject to credit approval.