Before you sign on the dotted line for your chosen waste baler, there’s one last thing to consider – should you buy or rent the machine?
As with many areas of business, there is no simple answer – what is right for one organisation may not suit another. That’s why Riverside offers a range of flexible procurement methods, so you can choose what works best for you.
If you have sufficient capital, and prefer the peace of mind that you fully own your machine, then an outright purchase will probably suit you most. If or when an upgrade is required, your baler may even retain an impressive residual value, meaning some of your initial investment could be recouped.
However, if you’d like to spread the cost of your investment and keep more cash in your business as working capital, a ‘bite-sized’ waste baler rental fee may be of interest. We can even include a full machine maintenance package in your contract, to further help with budget control. And the flexibility doesn’t stop there – talk to us about the rental period that you’re looking for, and we’ll do the maths!
Renting your waste baler also fits the ‘product as a service’ concept, which is becoming increasingly popular as we heighten our circular economy thinking. With a flexible rental agreement, you can utilise a specific baling press until your needs change, at which point you can upgrade/downgrade according to your requirements. And, because our machines are built to last, the used baler can go on to have a long and useful life with another organisation.
Not sure whether to buy or rent your machine? Learn a little more about the cost benefits of your investment, or contact us to discuss your specific needs. Call us on T: 01423 325038, email firstname.lastname@example.org or complete our short enquiry form and we’ll be in touch.