In today’s unpredictable economy, preserving your company’s capital is more important than ever. Tying up funds in equipment that may only be used once or twice limits your flexibility and strains your balance sheet. By renting instead of purchasing, you keep capital available for growth — and improve your borrowing capacity with LGH.
Purchasing new equipment impacts your credit and restricts your ability to secure financing for other business needs. Renting from LGH reduces those upfront costs, helping you maintain a healthier debt-to-equity ratio. That directly translates to increased borrowing capacity, giving you the financial freedom to bid on larger projects — or more of them at once.
Many contractors today are adjusting to tighter budgets and unpredictable timelines. Owning equipment can limit your ability to pivot — especially when a job requires gear outside your existing fleet. Renting from LGH allows you to bid on jobs with confidence, knowing you can access any equipment you need, when and where you need it.
Renting doesn’t just save on purchase costs. It also eliminates expenses tied to ownership:
• Storage – no need to invest in warehouse space or utilities
• Maintenance & Certification – LGH handles all inspections, repairs, and safety certifications
• Labor – no need to keep specialized technicians on payroll
These savings can be redirected to hire additional crew, invest in training, or pursue new business opportunities.
Many of our most successful customers rent 100% of their lifting and rigging equipment. Why? Because they understand that preserving cash and maximizing flexibility is more valuable than tying up capital in owned assets. With LGH, you get certified, reliable equipment—without the financial burden of ownership.
For more information, contact us today!
LGH is North America’s largest single organization devoted exclusively to the provision of lifting and moving equipment for rent. LGH Canada holds the most comprehensive inventory for hoisting, rigging, jacking, pulling, material handling, and safety equipment. Discover your next project solution at RentLGH.ca
