Renting construction equipment has increased in popularity for a variety of reasons. A few key contributors to the growth of equipment rentals include the rising cost of purchasing equipment, and an unpredictable market, which has forced construction companies to find ways to save money wherever they can. In many instances, renting has become a viable option for many companies, and provides them the ability to cut costs and run a more financially stable construction business. Here are some benefits that your company will see if you decide to begin renting construction equipment:
- Avoid the Initial Purchase Cost:
Purchasing brand new construction equipment is extremely expensive and can make a huge impact on how your company’s budget. Renting or leasing equipment avoids the upfront costs associated with purchasing and allows businesses to better allocate their financial resources.
- Less Maintenance and Repair Costs:
When you own equipment, you also have to consider the cost of maintenance and repair. With rentals, the time and labor costs associated with maintenance and repairs are lower and more manageable.
- Shielding From Market Fluctuation:
The construction sector is dynamic and many things may influence the market. Rising or sinking costs of equipment or the number of jobs available are all out of your control. Renting equipment can cushion your company from any unpredictable financial downturns that may arise.
- No Depreciation Costs:
When you own machinery, you incur considerable depreciation costs.
- Project-Specific Rentals:
Typically, construction companies are balancing several projects at once.
- Solve Equipment Storage Issues:
With owning equipment, companies must have storage solutions in place to keep equipment when it is not in use. Equipment that is not stored properly or exposed to harsh weather conditions may depreciate faster.
- Transportation Logistics:
Renting equipment saves you from having to transport machinery to project sites. Transportation can take a long time, affecting the productivity and efficiency of a project.
- Further Considerations:
Although this article outlined the benefits of renting, it does not mean it is the most optimal solution for all companies.
Sugam Infra Facilitates Reduces Construction Costs for You
Are you looking for the topmost heavy construction equipment supplier, especially to get construction machine rental near you in India? Your destination is Sugam Infra. Sugam Infra is the other name of trust and automation in the field of heavy construction machine rental in India. For the last two decades, we are getting all types of machinery from the best manufacturers in the world to deliver to our clients. We specialize in sell, hire, and lifetime services. Trust our channel to reach manufacturing companies worldwide. We provide industry-best competitive prices. We are now a pan South Asian company. We believe not in manufacturing but in importing, selling, leasing, or hiring types of machinery and deliver bundled services to you.
Range of Heavy Construction Equipment Available on Rent from Us
A construction company will always look forward to cost-cutting. If rental is available for heavy construction equipment, anyone will accept the opportunity. Look at Sugam Infra range of equipment on rental:
- Hydraulic Piling Rigs (B125 AND B170)
- Vibro driver for Sheet piling & Liner Driving + Extraction
- (PTC 30H1A, PTC 50HD1, PTC 60HD & 65HD, ICE32 and ICE52)
- Dawson Excavator Mounted Vibro (EMV)
- Tower Cranes – Hammer Head / Luffing / Flat Top
- Concrete / PQC Paver
Before ordering for rental, book an appointment to consult with our engineers now. Visit the Sugam Infra website for details.
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