Tag: Own Equipment

Having the option to own equipment instead of leasing or renting is beneficial to the bottom line of many of our customer’s businesses. Read more here.

What to Expect when Renting

Posted on by SIElift

Not sold on the idea of investing all your capital into one piece of equipment? Or maybe you have one specific task you need a forklift for. Don’t worry, you have options! As well as having material handling equipment for sale, we also have a rental fleet to meet your short or long term needs! We do daily, weekly and monthly rentals depending on your time frame.

Many companies prefer to rent long term instead of purchasing for budgeting reasons. Having a monthly rental payment is perfect for a new company with no credit, or a company that doesn’t want to pay a large upfront cost. Short term rentals are great to be able to get your projects completed without committing to purchasing equipment. To make sure we get you the equipment you need, we will need to make sure we have all the information. For example if you are renting a forklift we need to know:

  • Will the lift truck be used indoors or outdoors?
  • Do you need LPG (liquid propane gas), electric, or diesel?
  • What is the mast height requirement?
  • What capacity is needed?
  • What attachments will you need? (i.e. carton clamp, bale clamp, multiple load handler)
  • If you need forks, what size? We offer 36” forks to 96”.

To keep our units in prime condition they are all inspected, painted, labeled with OSHA compliant safety decals, and receive regular maintenance before being rental ready. The average age of our rental fleet is 3 years, with supplemental equipment being added each year to fit the needs of our customers.

Our rental fleet features Toyota forklifts, the number one lift truck in America since2002. With fuel efficiency and the System of Active Stability, you know your rental will be safe and reliable. If for any reason you do need maintenance, it is included for you.

We don’t only offer forklift rentals we have a wide variety of industrial equipment to fit your needs;  Genie scissor lifts, Capacity yard spotters, Advance Sweeper Scrubbers to name a few.

Call today to set up your rental, (866) 696-9125!

Rent or Own We’re Southern Known

Posted on by SIElift

At Southeast Industrial Equipment we offer a variety of lift trucks, construction equipment, and other industrial equipment for your material handling operations. When considering your business needs, there are many choices you will have to make. One of the questions many companies find themselves asking is: should I purchase or rent? There are pros to renting and owning, but it’s important to consider what your application will be and how long your business needs the equipment. Making this decision can be tough, especially when your application may call for everyday or just sporadic use. Also consider how quickly a need can arise for a piece of equipment. For example, generators though rarely used, are needed in the case of an emergency and would be smart to purchase for those occasions when it is needed right away.

If your application requires continual use, or equipment is operated to its maximum ability, it would be more cost effective and convenient to own it. The hour meter reading would not be monitored. When you own the lift truck, it will always be there when you need it. Purchasing is also made easier with the financing options that are available. In addition to financing; purchased equipment is tax deductible for the year it was bought, this helps business owners fiscally.

On the other hand, if a machine is not versatile and is infrequently used; renting is a more cost effective option. For companies without a significant amount of capital or well established credit, renting may be best. If you are renting; the cost for maintenance is generally included and the machine provider will service your lift truck at regular intervals.

Keep in mind the needs of your company, and the amount of upfront costs you can handle. In weighing these options you can make an educated decision on what’s best in your situation.

Here is a chart to better view your options when it comes to renting or purchasing a lift truck.

Purchase Rent
  • Equipment is always available for use
  • No need to depend on a third party
  • Hour meter reading is not monitored
  • Tax deductible
  • Financing options available
  • Lower monthly costs
  • Most dealers will offer a trade-in price for lift trucks when you are ready to purchase a new machine
  •  Lower upfront cost
  • Do not need well established credit
  • Short term or long term rental options
  • Current models always available
  • Do not have to purchase equipment that is used sparingly
  • Rental company provides maintenance
  • No long term commitment
  • Do not have to find storage for equipment after the job is completed

Whether your company decides to own, rent, or a combination of both; Southeast Industrial Equipment has you covered. We have equipment available that will fit your needs. Please call (866) 696-9125 or go online www.sielift.com to make an appointment.