Your Guide to Renting an Earthmover

Oct 20, 2022

When you’re in the market for an earthmover, the process can be a lot simpler than you might think. There are just a few things you need to do before signing that dotted line.

Make Sure You Have the Correct Qualifications

Luckily, if you are using an earthmover on your own property, no qualifications or certifications are needed to legally operate the machine.

If you are using an earthmover commercially, however, you may need to prove your competence and you will usually be run through a training course by the supplier. Certain states may also require you to obtain your license if you work on a commercial site.

Pick the Right Type

The last thing you want is to have gone through the process of getting yourself an earthmover, only to discover you got the wrong machine for the job.

Sometimes it will be clear which machine to choose, but if you are having any doubts, it is always best to consult an experienced professional. You may even want to bring them on-site to see the job for themselves.

Choose the Right Size

When choosing a machine you may be tempted to choose the biggest one you can afford. After all, if you lease a machine that is too small, it will take far longer to finish the job.

However, think carefully about the job at hand and the terrain it lies on. Is the ground made of mud? A heavier machine may become bogged, and cost you much more time than simply using a smaller, lighter machine. Are there obstacles that the machine needs to move around, such as trees or buildings? A larger machine will be harder to maneuver.

Go to a Trusted Dealer

A good dealer can walk you through the whole process themselves. Their expertise will be invaluable in choosing the right machine. Moreover, you’ll want to make sure you are not only leasing a quality machine but are also being given quality terms.

The terms of a lease cover the time period you will hold the asset and the cost and frequency of the payments. However, depending on the lease, it may also include additional fees, insurance, securities, collateral and more! The last thing you want is to go to a disreputable dealer and find yourself getting the wrong end of the stick because of something hidden in the fine print.

Try Before You Buy

Leasing is an excellent way to test out a machine before committing to a full purchase. When the duration of your lease ends, you may have the option to buy the machine.

In the market for a new earthmover? Leaselink Business Finance should be your first and last stop when looking for an equipment finance broker.

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Surrendering Your Lease

By Oink LPC • 07 Feb, 2023

Sometimes, you simply cannot continue with your lease. Most commonly this is caused by going out of business, but any number of things could occur. Once you have surrendered your lease, the lessor re-takes possession of their property. During this highly stressful time, it’s best to know all of your rights and responsibilities. Read on, to learn the ins and outs of surrendering a lease.

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