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Online Heavy Equipment Rental Business Models
Whether you have plans to build a rental storefront for heavy equipment & machinery or a marketplace that invites individuals/businesses to list their equipment, we have an all-round solution for you.
The US construction equipment rental market valued at $120 billion(USD) is forecast to reach $170 billion (USD) by 2026.
Players That Top The Charts In Heavy Equipment Rental
The online construction equipment includes everything from excavators, forklifts, auger drill to tractors,
cranes, moving trailers and bulldozers. Following are the popular names in this rapidly growing niche.
Disclaimer: FATbit/YoRent is not associated or affiliated with any of the brand name or trademark used on the page. They are properties of their respective owners.
Revenue Generation in Online Construction Equipment Rental
A steady stream of revenue is vital to your business' upkeep and growth. With Yo!Rent you get access to
multiple revenue generation channels for both the single-vendor and multi-vendor marketplace.
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Equipment Rental
Commission -
PPC
Advertisements -
Selling
Commission -
Vendor
Subscription
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Equipment Rental
Income -
Product
Selling -
PPC
Advertisements
Features That Give Your Construction
Equipment Rental Website a Competitive Edge
Get a Closer Look With a Demo
GearFlow - Online Heavy
Equipment Marketplace -
Powered By Yo!Rent
Gearflow is a marketplace for construction equipment that helps connect buyers, suppliers, contractors, and manufacturers from all across the USA. In 2019, the company raised $1.1 million in funding to support the growth of its platform.
View Detailed Case Study
How to Start an Online Heavy
Equipment Rental Business With Yo!Rent
Yo!Rent makes it effortless to start an online heavy equipment rental marketplace. Built with
experts' insights and in strict accordance with the latest technology standards, our platform
delivers maximum performance, speed and agility to manage all your business needs.
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Select A Package
Select from either of the two packages - Go Quick or Go Custom, based on your business needs.
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Setup & Installation
Yo!Rent is deployed on the web hosting server of your liking with our technical assistance.
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Add Listings
Start listing heavy equipment machinery and spare parts already in your inventory.
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Launch & Manage
Make use of Yo!Rent's marketing features to launch your website with maximum impact.
Start Your Heavy Equipment Business With Yo!Rent
Learn MoreWhy Yo!Rent For Your Online Equipment Rental Website?
Yo!Rent comes pre-loaded with all the key features necessary to build a dynamic heavy equipment rental
website. Whether you're keen on high-level of customization & scalability or would settle for nothing but
the best in terms of performance, stability & ease of use, Yo!Rent has all bases covered for you.
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Fully
Customizable -
Highly
Secure -
Open
Demo Links -
Lifetime
License -
12 Months
Free Support
Ready To Build Your Online Rental
Marketplace With Yo!Rent?
Get Started
Frequently Asked Questions
How does Yo!Rent work? In what programming language is the source code written?
Yo!Rent is a rental marketplace solution to build multi-vendor rental website where sellers can showcase, rent & sell their products. Yo!Rent is a fully customizable and scalable solution packed with advanced features.
Admin is the main controller of website. Commission through product rentals, PPC and product ownership sales are the major sources of revenue generation in this business model.
Sellers can create a shop and list their products for rent or sale after specifying the rental price, sale price, security deposit, shipping etc. on the website.
Buyers are able to browse and view all the products under various categories and they can rent or purchase the same after making payments on the website. Buyers who wish to rent a product are charged a refundable security amount while renting the product on the website. Once the product is returned to the seller, the seller initiates the Security Refund in the system (Complete/Partial/No Refund) based on returned product condition.
Yo!Rent's source code is written in PHP language. For complete information on the Technology stack used, please click here.
Is the personalized demo FREE?
Yes, the personalized demo is free of cost for the first time.
Does GoQuick package include all the features? If not what does it leave out?
With Yo!Rent GoQuick package, you will get the complete web platform with default features and design as in the demo website. It doesn’t cover any custom requirements.
Is rent, sell & purchase possible with YoRent?
Yes. Yo!Rent is a platform for building a marketplace wherein the sellers can register themselves to showcase their products for both renting and selling. Admin has the flexibility to turn Rental option on/off as per the business needs.
Can the marketplace owner (Admin) modify the source code?
YoRent is a scalable and customizable solution and the clients can modify it as per their business requirements. The developers who will work on the code will have to familiarize themselves with FATbit's framework. For more information, please click here.
How does a Yo!Rent powered Marketplace handle payments/money flow? Is there a flowchart that explains the same?
When a buyer makes a payment, the payment goes into Admin’s account and virtual payment is transferred to the seller's wallet after deducting Admin’s Commission. Once the seller requests for withdrawal, admin manually deposits the amount in sellers' bank/PayPal account. In seller's section, a form can be found under Account Information to add banking details. For extensive details, please follow link click here.
Does Yo!Rent offer mobile app solutions as well?
Yes, we do have readymade Android Buyer App to go with YoRent web for those businesses who want to increase their reach to a wider audience.
Does Yo!Rent have any geographical restrictions?
No, Yo!Rent doesn’t have any geographical restrictions. You can use this solution to launch your marketplace in any part of the world.
What kind of customizations are included in GoCustom Package?
GoCustom package includes custom designing for the following pages:
- Homepage
- 9 Inner Pages - Accessible without login
- Lifetime owned license
- 12 months of free technical support for bugs and errors provided that our worked files are not modified by any other company/developer
You will get exclusive rights for the custom design and non-exclusive rights on the default features of the platform.
User dashboard and remaining pages redesigning is excluded but we customize the look and feel to match the pages redesigned by us.
Any functional customization/feature addition is charged at $25/hr for exclusive rights and $18/hr for the non-exclusive rights.
Can you set up a demo system for my client to test out?
Yes, we can set-up a demo for you to test the platform at your end which will be hosted on our server and will be valid for a limited time period.
Is it possible to add custom payment methods?
Yes, currently Yo!Rent comes integrated with 15+ payment gateways by-default. It's possible to integrate extra payment gateways into the Yo!Rent system. You may ask our team to perform the integration at an additional cost or have your own in-house team do that for you.
Yo!Rent comes integrated with following Payment Gateways:
- Credit Card - Authorize.Net (AIM)
- PayPal Payments Standard
- Cash on Delivery
- Bank Transfer
- Amazon
- Razorpay
- Stripe
- PayU Biz (India)
- PayPal Adaptive Payments
- Omise
- CCAvenue
- Khipu
- Paytm
- Citrus
- Twocheckout
- PayU money (India)
Does Yo!Rent support any reward-based system?
Yes, Yo!Rent comes with Referral Module which can be activated/deactivated by the Admin.
- Users can share unique URL & earn reward points through the referral module system.
- Admin can manage the reward points for referrers as well as referrals on registration and first purchase.
- Admin can also credit any User's account with Generic reward points.
Does your platform support P2P rental marketplace?
Yes, Yo!Rent supports B2C, B2B and P2P marketplaces.
Does Yo!Rent have a detailed documentation about each feature?
Yes, we can provide you with system manuals that detail each and every feature in the system. Feel free to contact our support team for the same.
Does Yo!Rent provide an option to put a hold on the buyers' credit card until the product is returned safely?
Yes, Yo!Rent provides an option to hold the security deposit in the Portal's payment account.
Is there any seller/buyer verification method available in Yo!Rent?
Yes, Seller and Buyer verification management is available in Yo!Rent. Seller Approval forms can be managed from the Admin Panel. You can add multiple fields in order to gather the required information for seller onboarding.
Is there any provision in Yo!Rent to charge a customer for late return or product damage?
Yo!Rent offers a feature wherein Sellers can collect a security deposit from the User when they rent out a product through the platform. Seller then has the option to Refund (Full/Partial or No Refund) the security amount depending upon the date and condition of the returned product.
Is it possible to launch a Car Rental Marketplace with Yo!Rent?
We do not offer a readymade solution for a Car Rental Marketplace but we can customize an existing platform at an additional cost.
What are the server requirements to set up a rental marketplace with Yo!Rent?
The server requirements for Yo!Rent are as follows:
Supported Operating Systems:- Linux x86, x86-64
- Apache 2.2.x – Apache 2.4.x
- Nginx - 1.14.x
- 5.6 /7.0
- GD with Free Font support
- Zlib with zip support
- DOM
- Mbstring should be enabled
- Iconv function should be enabled
- Fileinfo function should be enabled
- Ioncube Loader
- Safe mode off
- Memory limit 32M or more (Some pages with advanced features may use up to 128M)
- 5.6 or newer
- PHPmyAdmin variable - SQL_mode, must have value "NO_ENGINE_SUBSTITUTION" only
- Ability to run scheduled jobs (crontab) with PHP
- Virtual Private Server (VPS)
- Dedicated Servers
- Cloud Server
Does Yo!Rent have a single vendor platform?
Yes, in addition to its multi-vendor platform, Yo!Rent has recently launched its single-vendor platform. You can learn everything about its features, business model, and UX on this dedicated page.
What are the differences between the Go-Quick package and the Go-Custom Package?
The main differences between Go-Quick and Go-Custom packages are the design and ownership rights. In the Go-Quick package, the client gets the default responsive design with non-exclusive rights while in the Go-Custom package, they get a custom responsive design with exclusive rights as per their specific requirements. To learn more about the license, copyright, and ownership terms, please refer here.
Who can list products in a Yo!Rent-powered multi-vendor marketplace? Admin or vendors?
Both the admin and vendors can list products in a Yo!Rent powered marketplace by following a few simple steps. The admin reserves the right to remove any listing that's not in compliance with their website's Terms and Conditions.
What are the benefits of selecting Yo!Rent and how is it different from other eCommerce platforms available on the market?
Following are the key differentiators of Yo!Rent as an eCommerce rental platform:
- One time cost & lifetime license
- Fully secure
- Fully customizable
- Rent and sell option
- 1-year free technical support
- Complete ownership
- Free demo availability
- Single and multi-vendor variants
- Flexi payment option
- Affordable Pricing
Do you have any learning material about the online rental industry and Yo!Rent?
Yes, we have a rich resource of guides and industry reports focused on the state of the online rental industry and the ways Yo!Rent is playing a part in that:
Online rental industry report - https://www.fatbit.com/reports/online-rental-industry-report.html
Yo!Rent's complete feature list - https://www.fatbit.com/images/pdf/yorent-features-list.pdf
Blogs about popular rental niches and their business models - https://www.fatbit.com/fab/category/rental-startup-ideas/
