6 benefits of hiring your cleaning equipment
Planning on investing in cleaning equipment for your facility? Tennant shares their top benefits of hiring cleaning equipment for your facility.
Keeping our built environments clean and safe is vital now, more than ever before. This means that FMs need access to quality and affordable cleaning equipment. If you are on the lookout to invest in or upgrade your cleaning equipment, you will first need to decide whether to buy, finance or rent the equipment.
So, what are the benefits of cleaning equipment hire? Why has it become so popular? And, is it the best option for you?
Why are more companies choosing to rent equipment?
1. Access to better technology
When you rent, you don’t have to wait until you can afford to buy new equipment outright. It means you can add a better piece of equipment to your inventory now and start enjoying the benefits from upgraded technology right away. Benefits like saving time, saving money, operating more efficiently, and getting a better, cleaner result.
When you rent instead of buying your machines, it can be easier to switch to a different type of equipment if your needs change or upgrade as you go along. There’s no need to wait until the end of your machine’s life or try to find a secondhand buyer. Simply trade-in your existing rental machine for a newer model. Or add a new machine to your fleet any time you need to increase your capacity and handle a new or bigger cleaning challenge.
Many companies can’t pay for a new piece of equipment outright – they might have to wait 3-6 months to save up for a new machine. Fortunately, you can stay within your budget and get your equipment right away with renting, because the costs are spread out over the life of your machine. Renting means you have predictable, affordable payments coming out each month instead of one lump sum.
Renting means you can spread your immediate funds across other investments that help grow your business. Investments like company vehicles, upgraded branding, marketing campaigns, and additional team members. Renting gives you the flexibility and funds to move quickly and seize new opportunities.
When you rent your machine, it’s considered an operating expense, whereas when you purchase your machine outright, it’s considered a capital expense (used to buy an asset). This means that renting can come with tax benefits, although you should definitely confirm this with your accountant (we don’t provide financial advice).
Tennant case study
- Ride-on floor sweepers (6100 & S20)
- Sweeper scrubber machines (M20 & M17)
- Walk behind scrubbers (T300 & T500)
- Ride on scrubbers (T12 & T16)
Is cleaning equipment hire right for you?
Only you (and your accountant) know the answer. Tennant has flexible purchasing options to assist you in getting the machines you need, when you need them – whether that’s buying outright, leasing, pre-owned or financing.