Equipment and Tool Rental Company in Grand Rapids, MI

Depending on your current finances and how often you plan on using equipment and tools, you may want to consider renting over buying. Renting makes sense for rarely-requested services and gives you the chance to try out new equipment without making a permanent financial investment. In this blog post, we explain the advantages of equipment rentals so you can make an informed decision for your business.

For more information on the cost of equipment rentals, we recommend reaching out to a Grand Rapids equipment rental company near you. They’ll be able to answer any questions you might have and provide info on pricing for rental equipment and tools. You may also want to check out a lease vs. buy calculator for equipment leasing.

An equipment and tool rental company will offer services for:

Save Money in the Short Term

Buying your own equipment and tools for contracting jobs only makes sense if you plan on using them a lot in the long term. However, if you only need something like a floor sander for one job, you may want to consider a rental. It doesn’t make good business sense to buy a floor sander, use it once, and have it take up valuable storage space.

For large rentals, like construction machinery, you would need to add the cost of operation to determine total business expenses. You would also have to consider the cost of maintenance and repairs so you can keep machinery in working condition. When you rent equipment and tools, you don’t have to worry about maintenance. That’s someone else’s problem.

If you decide to buy equipment or tools for your business, it should be because you plan on using them frequently. Otherwise, it is a wasted investment. If you don’t have the money right now to put a big down payment on equipment, renting can be a solution until you save up enough capital.

Save Storage Space

Let’s face it, equipment and tools take up valuable space. In our opinion, you should save that space for equipment and tools you plan on using a lot. If you only need equipment for one job, you’re better off renting so that you can save that space for something that will be more useful to your company in the long term. For example, if you need equipment for a rarely-requested service, you’ll save money and storage space by renting.

Enjoy the Latest Advances in Technology

You can count on a rental company to offer equipment rentals for contractors with the latest technology. This means that you get to enjoy new features you may not have been able to enjoy otherwise. Rental companies also take care of their rental equipment so that they are always in good condition.

Sun Rentals is dedicated to helping you find the right equipment and tool rentals for the next job or home improvement project. If you are interested in learning more about our inventory and pricing for equipment rentals, give our Grand Rapids rental company a call at (616) 454-7982.