Tips to Consider When Renting Industrial Processing Equipment
As an industrial plant, you may require machinery or equipment to be able to perform certain jobs at one point or another. Well, purchasing such equipment is not always the best option. It may be costly and cumbersome to purchase and operate such machinery and equipment, especially if only for a short time.
At times, leasing industrial equipment is more beneficial than purchasing the same. Below are some tips you should consider before you lease industrial equipment.
Plan the Details of the Project
Understanding the project and the project site requirements is crucial before you choose to lease equipment. Will the project be indoors or outdoors? Is the project area easily accessible, or does it lie in a rocky and undeveloped area? Answering these questions will help you decipher the most appropriate piece of equipment for the job.
You will also need to articulate the project budget and total project duration. You will need to ensure that the project budget has provisions for leasing and operating industrial equipment for the entire duration of the project. You should also weigh the cost of leasing the equipment against the cost of buying and operating the equipment.
What size of equipment is best for the project? Will the equipment or machinery require special attachments? Understanding the specifications of the machinery you require will help you find the right equipment for the job.
Scout for an Equipment Rental Company
Once you understandd the project’s scope, you need to find a company that has the equipment you are looking for, great customer service, and good engagement terms. A good equipment rental company will make your experience more pleasant and ease some of the stress.
You can identify a good equipment rental company through referrals from others who have sought similar services within your network or your professional circles. You can also scout for a good equipment rental company online by reading reviews on search engines and social media sites.
Understand Company Policies
Once you have found an equipment rental company that addresses your needs, you should discuss the project in detail. This will help staff from the rental company recommend the most suitable equipment or machinery for your project.
You should also ask for their company policies regarding equipment and machinery rentals. These policies should point out contract details and the roles of both parties — you as the lessee and they as the lessors — when it comes to equipment leasing and operation.
You should also consult on their costs and if they have any payment plans that can apply to you. Make sure you negotiate a payment plan that is well within your budget and feasible for the project’s entire duration.
Another key consideration is to understand what insurance protection you have. Will the rental company take out insurance for the machinery, or will that fall within your responsibilities? Also, do you as a company already have the insurance protection that covers leased equipment, or will you need to take out a new policy?
Seek to Have a Rental Consultation
The essence of a consultative meeting is establishing a rapport with the company. You can also tour and see the equipment and machinery they have. When you physically see the equipment and machinery they have and the state that it’s in, you will be more settled as you make your decision.
During this meeting, you may also request a demonstration of the operation of the equipment. A demonstration will help you assess if you have the employees with relevant skills and knowledge to operate the machine or if you will also require training or staffing support from the rental company.
If you want to lease any industrial equipment, we hope the above pointers have been helpful. If you have any further questions, do not hesitate to contact us at Jaygo Incorporated for all your industrial equipment needs.