Equipment rental is the basic norm of the global construction industry
Ever wondered why it is so ?
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Sign the contract
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Delivery
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RENT WITH KUNNEL
Would you like to rent construction Equipments and machinery’s from Kunnel?This cost-benefit analysis clearly illustrates the benefits of the rental model.
The initiatives to add rental of equipment/assets to the operational plan will enable construction companies to augment their fleet when and where needed. At the same time, they would be able to generate revenue by providing specialty equipment or machines to small- or medium-sized companies as and when required.
Cost involved in construction equipment rental India is treated as an expenditure out of which 25% will come back to you when you compute your income tax. Therefore one is able to save a lot as they are not taxed unlike when they purchase a machinery.
There are many other reasons for companies to embrace rental options available in the market instead of going for their outright purchase. Some of them are:
- Absence of CAPEX investment
- Efficient for short term needs
- Avoids purchase of specialized or sparsely used equipment’s
- Effective for short term productivity boost like deadline crunches
- Perfect as a backup option during maintenance
- Opportunity to reduce testing, maintenance, service needs
- Easier to manage resource allocation and project scheduling
- Savings on banking loan interest of upto 10%