15 Advantages to Renting Equipment vs Owning It

Companies within all industries need every competitive edge they can get. As everyone pores over the balance sheets and all aspects of the business to find advantages, it can literally pay to explore and compare the costs of renting or leasing equipment against the expenses of buying and owning it.

Loaders, excavators, skid steers, trucks, lifts, generators, uninterruptible power supplies, and other equipment are essential to any business. But like any other department or resource, they can and must be streamlined for maximum efficiency and versatility. A cost-benefit analysis can provide valuable data to help you make an informed decision about equipment rental versus ownership.

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