Equipment rental and equipment leasing services handle a wide variety of equipment, machinery, and instruments, which their clients can use for a fee, for a determined amount of time. Some of the most commonly available rental pieces include testing devices and heavy equipment. Equipment rental and leasing services provide an industry with a specific device at a low cost. There are many types of equipment rental and equipment leasing services. Examples include tool equipment rental services, heavy equipment rental service, construction equipment rental services, industrial equipment rental services, medical equipment rental services, farm equipment rental services, and computer equipment rental services. Tool equipment rental services include the renting of lawn and garden tools such as rear tine roto-tillers, sod cutter, and professional power tools such as drills, generators, and circular saws. Heavy equipment rental service includes the renting of bulldozers, loaders, welding equipments, and trenchers. Construction equipment rental services include the renting of construction machinery such as bulldozers and loaders. Big manufacturers of heavy machinery commonly utilize construction equipment leasing services. Industrial equipment rental services include pressure washer rental, steam cleaner rental, portable heater rental, water tank rental, and floor scrubber rental. Medical equipment leasing services are used for medical purposes. Medical equipment rental services include the renting of manual and powered wheelchairs, motorized electric scooters, hospital beds, patient lifts, bedside commodes, and oxygen cylinders. Farm equipment rental services include the renting of agricultural machinery such as tractors, balers, cultivators, and mowers. Utility equipment rental services include the renting of cars, trucks, and trolleys. Computer equipment rental services include desktop rentals, copier rentals, notebook rentals, workstation rentals, keyboard PC rentals, software rentals, server rentals, printer rentals, and monitor rentals. Other equipment rental and leasing services are commonly available.
Equipment rental and equipment leasing services require an agreement of terms and conditions between the lessor and the lessee. The rental period begins from the day when the equipment is shipped or picked-up from the lessor and end on the day when the equipment is returned. The customer is responsible for the insurance of the equipment during the rental period. The rental rate depends on many factors such as price of the equipment, its market demand, and shipping charges. Extraordinary wear and tear either by excessive running time or exposure of the equipment to adverse conditions will obligate the customer to pay refurbishing fees. This is required to restore the rented equipment to its original condition as of the beginning of the rental. The customer is responsible for the loss of equipment and has to replace it if damaged or lost. Equipment rental and leasing services provide various equipments at a very low cost and can save time and money.
Equipment rental and equipment leasing services have become a necessity to many industries. Some examples of industries that utilize equipment rental and leasing services include construction, medical, automobile, aerospace and military. Equipment rental and leasing services are increasingly becoming popular for its low cost.