Should you consider hiring a welding machine rather than buying one?
There are pros and cons to both hiring and buying and there are many things to consider before investing in costly specialist equipment. Hiring can offer immediate access to equipment vital to starting up or keeping your business going when the upfront costs are too much to cover. Weldability Sif and our newest division, Newarc, both offer fantastic hire and leasing options for welding machines.
With a comprehensive range of welding equipment and accessories for hire, we can provide long-term and short-term rentals to welders worldwide, in all industrial environments, on land and offshore. Our rates are highly competitive, with exceptional cost savings over the long term.
It is especially viable for businesses to consider leasing or renting capital equipment that has high maintenance costs, can quickly become outdated, or is only used occasionally.
By hiring welding equipment, you can begin work immediately on rewarding projects without borrowing money or missing out on jobs. Small monthly payments can help you budget, and you can usually deduct the full cost of lease rentals (excluding VAT) from taxable income.
Hiring the machines you need can often also gives you access to a higher grade of equipment than you might be able to afford when buying outright, which can lead to more efficient working and a better standard of result. We can even provide technology upgrades during long-term rental contracts, so our customers can have every possible advantage available to them on-. This is a significant benefit of renting versus buying welding equipment because you can always access the most advanced tools - without the cost or logistical issues of maintaining an aging inventory of your own.
Inverters are serviced, validated and PAT-tested on a regular basis to the highest standards by our expert technicians and we are always on standby for your on-site requirements, which means that you don’t have to worry about servicing your machine and usually you won’t have to cover the cost of technical faults.
Our approach includes in-house or on-site consulting by experienced technicians to assess your specific needs and organise a selection of equipment that’s ideal for your – or your client’s – project. We can also coordinate transport to any location - including all necessary customs or regulatory documentation.
In the challenging global economic climate, rental is an option that is increasingly used, to obtain welding machines as an operating expense, rather than a capital investment. Our distributors are often benefiting from this trend, and we are ready to support them with cross-hiring of Newarc equipment from Weldability Sif. Contact us to discuss rates today.
