Why Use Commercial Construction Site Equipment Rental As a Startup Contractor?

As a startup contractor, you don't want to waste your capital purchasing construction equipment that you may or may not be able to use again in the future. Why not turn to rental equipment instead? You can rent whatever construction site equipment you need, when you need it, for as long as you need it. This gives you the freedom to switch jobs and move on to your next project whenever you want, without worries about equipment logistics or availability. Here are several reasons to  use commercial construction site equipment rental:

1. No Additional Capital Expenditure Required

Large capital expenditures can be difficult for startup businesses, and a commitment to purchasing full-on construction equipment can be a serious financial burden. However, commercial construction site equipment for rent comes with its benefits: you won't need to tie up much-needed capital in expensive purchases, and you won't need to worry about repairs or depreciation. It's not just affordable but also convenient.

2. Improved Cash Flow from Reduced Overhead Costs

One of your biggest expenditures as a new business owner is equipment maintenance costs. Contractors and construction companies spend thousands—sometimes tens or hundreds of thousands—of dollars on repairing and maintaining expensive tools, losing opportunities because of constrictions in working capital. Renting frees up this money for faster business growth. 

3. Do Big Projects with a Limited Budget

Lack of equipment is often a hindrance to small contractors looking to take on big projects. You can overcome this hurdle with commercial construction site equipment rental. It enables you to compete on an equal footing with larger contractors and grow your business and brand faster by completing lucrative, high-profile projects.

4. Access to a Wider Range of Technology

Contractors who use rental equipment can access a wider range of technology than they can afford to buy. You can access specialized equipment for the time needed affordably. You also enjoy access to the latest construction equipment for higher efficiency and productivity. 

5. Location Flexibility to Take Projects in Various Locations

If you're planning to move around frequently, renting construction equipment allows you to take jobs anywhere in your region. It's also a great option if you don't know where your next project will be. 

You can rent heavy machinery and vehicles in one area, complete a job there, return everything, and move on to another area where you have jobs. It helps avoid logistical problems of moving heavy equipment.

As a startup contractor, you need all the cost and productivity advantages you can get; the reason renting is a feasible arrangement. Contact a heavy construction equipment supplier to discuss commercial construction site equipment rental for your upcoming project. 

For more information, turn to a company such as Redtail Equipment Rental.

About Me

Improving My Business

When is the last time you looked at new construction equipment? You might want to save money, which is why you haven't upgraded your equipment recently, but as the years goes on, you'll probably realize that you need to do something big to keep production at top levels and to ward off problems. Upgrading your heavy construction equipment should help improve safety as well as efficiency, which are both things that help improve your bottom line. Those investments can pave the way for a new chapter of your business. Check out these posts for more information. You might be surprised to see how much of a difference improving your construction processes can really make.