Electro Rent offers a variety of standard rental, lease and equipment purchase plans to address short and long term applications. We can also tailor a special program to meet your unique needs. Just tell us your objectives and we'll go to work and design a solution just for you.

Month - To - Month Rentals

Key Features
• Flexible term, rental is prorated daily after 30 days
• Rental terms as short as 7 days
• Prompt delivery, usually next day
• Swap-out service in the event of product failure
• Calibration is included. In the event of equipment calibration expiration during the rental period, a replacement is normally provided so downtime is limited.

Appropriate Application
• Use for short-term projects (12 months or less) with an uncertain duration
• Immediate requirements pending delivery of purchased product

Benefits
The flexibility of the program allows for decisions to be made as the project environment changes. Ownership costs such as calibration, property taxes and maintenance are avoided. Payments are treated as operating expenses.

Managers and engineers are not burdened with equipment support and administrative issues. This allows them to focus on their primary roles of producing quality products and meeting project schedules.

Operating Leases

Key Features
• Lower rate for committed term
• Option to extend term on a month to month basis or at a lower rate with additional term commitment
• Programs can be structured with either a fair market purchase options or a precise equity plan. The option to purchase can be exercised anytime after 12 months.
• New or used equipment can be leased
• Manufacturer's warranty for new equipment
• Twelve month Electro Rent warranty for used equipment
• For used equipment the equity applies toward the Electro Rent used sale price at the inception of the transaction

Optional Service Features
• Swap-out service in the event of product failure
• Calibration is included. In the event of equipment calibration expiration during the rental period, a replacement is provided (if available) to limit downtime.

Appropriate Application
Use for projects with a projected term of 12 to 36 months

Benefits
Expense funds can be used to gain immediate access to products, which will increase productivity. As capital funds become available, products can be purchased providing a high level of flexibility.

Rent - To - Own

Key Features
• Rental payments count toward purchase
• Option to return product after 50% of original term has been completed
• Almost all products in Electro Rent's product guide qualify for this program
• Applicable to new or used equipment
• New equipment carries manufacturer's warranty
• Used equipment carries Electro Rent's 1 year warranty
• 5-day acceptance period
• Option to purchase by paying all remaining payments. Time value of money will be applied if purchase is before expiration of contract

Appropriate Application
Use for projects with a projected term of 12, 24, or 36 months, where capital funding is not available.

Benefits
Flexibility to return product while at the same time building equity to purchase product. Also, payments are spread out over a longer term to preserve capital.