10 Good Reasons to Rent-to-own

Minimise Idle Time

Ownership can be very expensive when equipment is idle. Combining ownership of basic equipment with rental equipment as needed will minimise idle time.

Right Equipment for the Right Job

Eliminate the hidden costs of inefficiency due to use of wrong size or type of equipment and the maintenance and repair incurred.

Storage

Use of rental equipment eliminates the need for large storage area/buildings; thus, overhead in your costs of doing business is reduced.

Breakdowns

Virtually all equipment is subject to occasional breakdowns. However, when rented equipment breaks down, idle time is minimized by replacement equipment from the rental company and repair costs are eliminated.

Maintenance

Rented equipment includes full maintenance, no repair shop, no spare parts inventory, no mechanics, and no added payroll.

Equipment Obsolescence

Ownership of equipment involves the risk of rising wage costs and slower job completion time due to owning worn, obsolete models. New, better, faster models of equipment are available from Rent-A-Maker.

Disposal Costs

Preparing used, obsolete equipment for re-sale, advertising, and selling time are factors of ownership that do not occur in renting.

Cost Control

Knowing the true costs of owned equipment is difficult. Rented equipment offers you just one accountable cost figure, the rental invoice cost.

Conservation of Capital

Renting equipment frees your capital for other potentially more profitable uses.

Increase in Borrowing Capital

For those who rent instead of purchase find borrowing easier with a better ratio of assets and liabilities since equipment does not appear as a liability on the balance sheet.