Heavy equipment is a huge investment for your business...skid steer loaders, forklifts, excavators, and the like can cost tens of thousands of dollars each. If you need this equipment but can't afford the expense, a heavy equipment rental will allow you to reap the benefits without breaking the bank.
Often, the type of heavy equipment rental you consider will depend on your situation. If you have a vendor that sells heavy equipment and is familiar with your business, you may want to start with them. They may have select equipment strictly for rent that provides all the functionality you need.
A heavy equipment rental broker might also be able to get you the equipment you need. Rather than having to find rental companies on your own, you can turn to the broker who will review their network of dealers and find you the right fit.
It's also important to consider how long you will need the equipment for. A heavy equipment rental is best for businesses that only need to use a machine for 1 to 2 weeks. Beyond that, you're going to end up spending a lot of money, which could have gone towards the purchase of quality used equipment or a down payment on a new machine. Ask the vendor or broker what your available options are before you agree to a long-term rental agreement.
Choosing a heavy equipment rental agreement
It's important that you evaluate prospective heavy equipment rental companies just as carefully as they're evaluating you. One way to approach the decision is too look for a company who will act like a partner. Instead of treating you like a faceless account, they should take the time to answer your questions and help you find the equipment that best fits your needs, and not something they view as an opportunity to make money.