Ownership can be very expensive when equipment is idle.
Combining ownership of basic equipment with rental equipment
as needed will minimize idle time.
Right Equipment For The Job
Eliminate the hidden costs of inefficiency due
to use of wrong size or type of equipment and
the maintenance and repair incurred. Rental
equipment ensures the right equipment for the job.
Use of rental equipment eliminates the need for
large storage areas/buildings, thus, overhead in
your cost of doing business is minimized.
Virtually all equipment is subject to occasional
breakdowns. However, when rented equipment breaks down
idle time is minimized through replacement by the rental
company and repair costs are eliminated.
Rented equipment includes full maintenance, no repair
shop, no spare parts inventory, no mechanics, no added
maintenance payroll or maintenance record keeping.
Ownership of equipment involves the risk of
rising wage costs and slower job completion
time due to owning worn, obsolete models when new,
better, faster models are available from our rental
Preparing used, obsolete equipment for resale,
advertising and selling time are factors of ownership
that do not occur in renting.
Knowing the true costs of owned equipment is difficult.
Rented equipment offers you just one accountable cost
figure, the rental invoice cost.
The presence of continuous billing on rented equipment
establishes personal accountability.
Inventory loss due to pilferage is minimized.
Personal property tax and license costs are
eliminated on rented equipment.
Conservation Of Capital
Renting construction equipment frees your
capital for other potentially more profitable uses.
Contractors who rent instead of purchase find
borrowing easier with better ratio of assets to
liabilities since equipment does not appear as a
liability on the balance sheet. The normal line
of bank credit is not disturbed, a most important
asset in securing bonds for construction work.