Does anyone have experience in construction equipment rental business?

searcher profile

January 23, 2021

by a searcher from INSEAD in New Jersey, USA

We are looking into an equipment rental business. Trying to understand utilization metrics as well as maintenance and repair needs in such business.

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commentor profile
Reply by an investor
from University of Nebraska in Austin, TX, USA
I looked at a number of equipment rental businesses. I found it helpful to connect with ABL lenders who lend to the type of equipment. They underwrite and are knowledgeable about the specific equipment, value, how long they last, maintenance, Util rates, etc.
commentor profile
Reply by a professional
from Missouri State University in Chicago, IL, USA
Agree with the comment on ABL lenders. We have quite a bit of experience working in this industry and would be happy to discuss with you. redacted
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