5 Reasons Equipment Rental Will Help You Conquer Your Next Job On Time & On Budget
Predictions that 2014 would finally be a good one for the construction industry appear to be coming true, with companies in all sectors expecting – and planning for – growth. As the busy season gets underway, a recently released Equipment Finance Industry Monthly Confidence Index notes that confidence in the availability of financing for equipment leasing or purchase remains near a two-year high. That’s good news.
In particular, almost a third of executives polled said they expect better access to capital, up from just a quarter in January. Just over 40% said they plan to hire more people to staff up for the anticipated workload, again an increase over January’s number, which was 33%. And 56% said their company would spend more on business development in the coming months, slightly ahead of the January number.
This optimism underscores the strategic value of equipment rental and leasing.
Feeling the financial pinch of the past several years, a number of construction firms say they plan to use long-term leasing to acquire new machines needed to handle this year’s increased workload. Leasing can have distinct financial and tax advantages, and it’s worth exploring with your tax advisor. But more construction executives than ever report they plan to rely on equipment rental to conquer their busy season jobs.
Why? Here are just five reasons rental equipment can help you be more productive while conserving your resources:
- Flexibility: Equipment rental is immediate — you can get in and out without hassle and without having to commit to a long-term relationship with the machine. That means you can quickly ramp up for a new project and cut back when it’s finished.
- Try before you buy: Whether you eventually decide to purchase or lease, rental is an ideal first step to help you decide which equipment you want to add to your permanent fleet.
- Opportunity: Equipment rental allows you to take on more work, or a wider range of job types, or handle a larger percentage of work on a given job. That all adds up to increased revenue.
- Stretch your budget: Equipment rental lets you off the hook for maintenance and repairs, payments, taxes, etc.
- Everything you need is right here in your backyard.
Tracey Road Equipment is your equipment rental headquarters.
We have one of the largest, newest and most meticulously maintained rental fleets in New York State. And we have five locations, so access to the newest technology and most durable machines is always nearby. Just give us a call, and one of our rental experts will hook you up with top-of-the line equipment from our huge, multi-million-dollar fleet, so you can conquer your next job on time and on budget.
We make it easy. Here’s how:
- You get competitive rates, whether you need to rent for a day, a week, by the month or by the job.
- We have your back, with superior parts and service.
- Need a lift? We provide lowboy trailer service directly to and from your jobsite, so you can stay focused on the job itself. In fact, we can arrange hauling accommodations for any of your equipment needs, transporting everything from compact machines to the largest machines we carry.
- Love your rental? We have purchasing options for rental equipment.
One call to Tracey Road Equipment even includes your insurance.
All five of our dealerships offer loss damage waivers available on-site. You and the machine are protected, and you don’t have to spend additional time contacting your insurance agent to get a certificate. Should something happen, we’ll handle the claim while helping you stay safe and productive at the jobsite. And your insurance rates won’t be affected.
These equipment rental benefits aren’t just convenient. They can save you time and money, and that goes straight to your bottom line. We know that a busier season is a relief, but you need to make it a more profitable season, too.