The Multiple Benefits of Renting Welding Equipment

For contractors and engineering firms it is essential to evaluate the best use of capital on a regular basis and compare this with their welding equipment needs. One of the ideal low cost alternatives to welding equipment ownership is renting. This can save your company both time and money. When you rent welding equipment it is easy to determine whether your business can benefit from this type of equipment prior to purchasing any machines. When equipment management is not a core competency, renting equipment can free up capital that can be utilized for other urgent needs.

Factors to Consider

The three major factors that determine equipment needs are the utilization rate or how often you need to use the equipment; the volume of work/number of welders needed; and the type of welding technology required to achieve maximum productivity. If your utilization is around 40 percent, you should rent welding equipment. If you need to operate machines more frequently you may want to consider leasing. You can always supplement existing equipment by renting additional welding machines when the volume of work increases rather than incur capital expenses. Technology can also influence your decision to buy or rent welding equipment.

Affordable Rental Options

For contractors and business owners, there are many suppliers from where they can rent welding equipment. This includes a wide range of electric and engine-driven welders, induction heating systems, diesel generators and power distribution panels, MIG welders, automatic wire feeders, TIG welders, stud welders, advanced process welders, spool guns, welding accessories and more. It is important to work with rental houses that offer the latest equipment. This will allow you to try out the equipment before making the decision to purchase or not.