American Rental Association of Chicagoland

Chicago Area Rental Companies
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RENTING - The Smart Way To Get Things Done.

 
     
   
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Useful Information About Renting

12 Good Reasons to Think Rental

1. Minimum Inventory - Ownership can be very expensive when equipment is idle. Combining ownership of basic equipment with rental equipment as needed will minimize idle time.

2. Right Equipment for the Job - Eliminate the hidden costs of inefficiency due to use of wrong size or type of equipment and the maintenance and repair incurred. Rental equipment ensures the right equipment for the job.

3. Warehousing - Use of rental equipment eliminates the need for large storage areas/buildings, thus, overhead in your cost of doing business is minimized.

4. Breakdowns - Virtually all equipment is subject to occasional breakdowns. However, when rented equipment breaks down idle time is minimized through replacement by the rental company, and repair costs are eliminated.

5. Maintenance - Rented equipment includes full maintenance, no repair shop, no spare parts inventory, no mechanics, no added maintenance payroll or maintenance record keeping.

6. Inventory Control - The presence of continuous billing on rented equipment establishes personal accountability. Inventory loss due to pilferage is minimized.

7. Disposal Costs - Preparing used, obsolete equipment for resale, advertising and selling time are factors of ownership that do not occur in renting.

8. Cost Control - Knowing the true costs of owned equipment is difficult. Rented equipment offers you just one accountable cost figure, the rental invoice cost.

9. Equipment Obsolescence - Ownership of equipment involves the risk of rising wage costs and slower job completion time due to owning worn, obsolete models when new, better, faster models are available from our rental company.

10. Taxes/Licenses - Personal property taxes and license costs are eliminated on rental equipment.

11. Conservation of Capital - Renting construction equipment frees your capital for other potentially more profitable uses.

12. Increase in Borrowing Capacity - Contractors who rent instead of purchase find borrowing easier with better ratio of assets to liabilities since equipment does not appear as a liability on the balance sheet. The normal line of bank credit is not disturbed, a most important asset in securing bonds for construction work.


The American Rental Association Guides the Equipment Rental Industry

The American Rental Association (ARA), based in Moline, Ill., is a trade association of more than 7,200 rental business owners and the manufacturers and suppliers of rental equipment. We have members throughout the United States, in Canada and in more than a dozen overseas countries.

The American Rental Association is the structure for independent rental dealers to accomplish goals they couldn't achieve individually. And it's the network for manufacturers to market their products.

Rental dealers and, when appropriate, equipment manufacturers, guide the ARA staff in developing business services and products in four key areas: education and training; advertising and marketing; business development; and government representation.


Contact Information

If you have any question about becoming a member of our association, please e-mail tentparty@msn.com.

FAX
847.677.3790

Postal address
Chicago & Illinois suburbs.

E-mail General Information:
tentparty@msn.com
 
ARA of Chicago & Illinois suburbs rents just about every kind of personal property, specialized tool, and equipment to just about everyone. There are thousands of products for rent, including things you may never have considered to be "equipment." Fine china, candelabra, baby cribs and canopies are examples.To serve the diverse needs of ARA-member businesses for services such as advertising and employee training, which vary according to rental inventory and target market, the American Rental Association divides equipment into three broad categories: Construction and industrial equipment, including the full range from heavy to light contractor equipment. Examples are backhoes, cranes, mini-excavators, scaffolding, air compressors.... General tools, including all equipment for do-it-yourself projects in lawn, garden and home improvement or repair, industrial & construction equipment, moving vans & trucks, hitches, audio & lighting equipment, trade show displays, TVs & LCD plasma screens. Examples are floor care equipment, rototillers, thatchers, wallpaper steamers, pressure washers.... Party and special event equipment, including everything for special events, theme parties, weddings and receptions. Examples are tents, tables, chairs, props, table linens, china, silverware, plates, glassware, moonwalks... Some rental businesses carry inventory from all of these broad categories, and others specialize in equipment from one or two areas.

   
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