There are lots of reasons why you should rent stainless steel IBC totes as opposed to spending a lot of money to buy them.
Some of the problems that renting these totes can solve are:
– Variance in IBC tote needs throughout production
– Not enough money available to buy totes
– Special orders that require more totes
– Poor use of funds and the space not being used
A properly run IBC tote rental program is a very affordable way to avoid putting out a lot of capital to buy the IBC totes according to Verde Trader who is an industry expert.
Also, using tote rentals is a very efficient solution. The rented totes will only take a few days to arrive as opposed to weeks or longer.
There are many benefits of using IBC tote rentals such as Verde and we will take a look at them now.
You won’t need a lot of money to rent the totes which will save capital.
When you use an IBC tote rental program, you will only have to pay low rental fees and no down payment is needed.
You can then use your company’s cash flow in other ways to improve your business.
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Get Immediate Results
There is no need to wait until sufficient money is available to buy the totes. When you rent them, they become available almost immediately.
This will allow you to use them as required without having to put up with delays.
Avoid Wasted Assets
Another benefit of using IBC tote rentals is that you can rent the number of totes that you need and simply return them when you’re finished.
You won’t have totes lying around simply taking up space.
Always Have Access To Modern Equipment
When you buy IBC totes, you will own totes that will soon become obsolete.
However, when you rent them, you’ll always be able to rent the latest IBC totes that are available. This means that you won’t ever need to use or work with outdated equipment.
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Greater Budget Flexibility
Renting the IBC totes will reduce your operating expense.
This is due to the fact that it is easy to rent the totes as well as cheaper and more efficient. This will undoubtedly improve productivity.
Save On Tax
Anything that you purchase will depreciate over time and this is also the case with IBC totes. However, when you rent, you can avoid this and even experience tax savings.