Machinery Rental

Evening all,

Just doing a bit of research for an upcoming business and looking for feedback, negative or positive and suggestions on the whole concept.

In today's world Peer to Peer lending is on the up, with sites like AirBnB, Uber Cabs etc so would this work in the farming industry?

My question is simple for the time being; would you rent kit off another farmer or rent your own kit to a farmer when it's not being used provided correct insurances , payment methods and a platform was available?

Please give all the feedback you can, and if possible a reason if you wouldn't use a service like this?

Cheers

 

[sleepy]

Evening all,

Just doing a bit of research for an upcoming business and looking for feedback, negative or positive and suggestions on the whole concept.

In today's world Peer to Peer lending is on the up, with sites like AirBnB, Uber Cabs etc so would this work in the farming industry?

My question is simple for the time being; would you rent kit off another farmer or rent your own kit to a farmer when it's not being used provided correct insurances , payment methods and a platform was available?

Please give all the feedback you can.

Cheers

Neither a lender nor a borrower be

 

[JM1993]

Neither a lender nor a borrower be

Evening Sleepy,

Just wondering if there's any specific reasoning for this?

Cheers

 

[ARW]

No

 

[sleepy]

Evening Sleepy,

Just wondering if there's any specific reasoning for this?

Cheers

Would you rent your wife out

 

[ThatsSomeSheep]

The machinery ring concept has this covered, it's not new at all.

Look at ringleader.co.uk - and others- for successful examples.

TSS

 

[ThatsSomeSheep]

^^^^^ @Donkey Oaty !!!!

Possibly the best name ever on this forum!!

TSS

 

[nick...]

Neither a lender nor a borrower be

Big plus one.stuff allways gets damaged and no one knows anything about it
Nick...

 

[nick...]

The machinery ring concept has this covered, it's not new at all.

Look at ringleader.co.uk - and others- for successful examples.

TSS

Do these rings still exist.ive never used or konw anyone who has
Nick...

 

[ThatsSomeSheep]

Do these rings still exist.ive never used or konw anyone who has
Nick...

Very popular throughout Scotland. Borders = ringleader.co.uk = our local one is a good example but I think RingLink in the North East is largest.

 

[4course]

apart from the problem of gear being returned in a poor state if someone else wants to use it chances are we would too as most machines here are seasonal and to have spare capacity means you are over geared unless you are a contractor supplying both machine and labour .agree with sleepy on what polonius said to laertes but would always try to help out if a crisis as you never know when its your turn

 

[roscoe erf]

Would you rent your wife out

yes

 

[tr250]

yes

You better find out what @Sleepy is offering

 

[Steevo]

The trouble with farm machinery is it is very specialist...and very seasonal. Everyone wants it at once, but can't always drive it themselves.

Hence why contractors exist.