Industrial Equipment Hire: 3 Things to Consider

If you are running an industrial unit, you may wish to consider hiring equipment rather than buying it outright. Industrial equipment can be very expensive to buy and insure. Depending on the type of project you are working on, you may only require a piece of equipment for a short amount of time, which means that it may not make economic sense to buy it. If you are planning to hire industrial equipment, you should consider the following points.

Check that the equipment is safe

When hiring equipment, it is important that you check that it is safe for your workforce to use. When you visit the equipment hire company, you should inspect the equipment to make sure it is in good condition. You should also ask to see the details of official safety certificates and proof of the equipment's maintenance history. The equipment hire company should be able to provide this documentation upon request. If you have any problems with the equipment during the hire period, you should contact the hire company.

Make sure the equipment is suitable

If you are unsure if the piece of equipment you wish to hire is entirely suitable for the job you need to complete, you should not shy away from asking the staff at the equipment hire company for advice. They will be happy to advise you on the best type of equipment for the work you need to complete. Hiring unsuitable equipment for your job could place your workforce at risk and lead to the equipment being damaged. 

Establish the payment plan

An equipment hire company will typically offer a range of payment plans. Some equipment hire companies require an initial deposit and then monthly payments for the duration of the hire. Alternative plans may include a set price for the equipment hire which is paid up front. When asking about payment, you should also check to see if you could face any financial penalties. Many equipment hire contracts include penalties for missed payments, for late return of the hired equipment or for damage to the equipment. While it is normal for these penalties to be in place, you should check that they are not excessive.

By keeping these things in mind when visiting an industrial equipment hire centre, you can ensure that you get the right equipment for the job at the best price. For further information and advice, you should contact an industrial equipment hire company like Master Hire Pty Ltd today.