It was only a matter of time before someone created a group sharing platform for heavy construction equipment, and EquipmentShare has won the race to market. Back in April we wrote a piece about a Purchasing.com survey that showed heavy equipment rentals were on the rise in the construction industry. One way to capitalize on that trend it to find a way to rent your company’s equipment while it’s just standing idly by.
EquipmentShare makes that process easy. With a fleet of available tools ranging from lifts, to power tools, to loaders, EquipmentShare promises to offer the lowest price on equipment rental of anyone. The company performs an in-depth inspection of every piece of equipment and even offers a 100% money back guarantee on all purchases and rentals. With their management software, you can easily track the location of your equipment, view the maintenance history, and easily manage all of your rentals in one place.
So obviously saving money is great, but making money is even better. That’s why EquipmentShare allows contractors to list their own tools and equipment and rent them through their website and applications. The cost of equipment not currently being used on your job goes straight to your overhead, so renting it out could make a big impact on that.