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News and Information

Rent-to-Own

Test Equipment

Avoid the process of capital acquisition costs. Small rental rates allow for you to rent test equipment on a credit card today and get the equipment immediately.

 

TestWorld offers a variety of customizable test equipment rental services including open ended rent-to-own contracts. Allowing customers to rent for as short or as long of a period needed for them to evaluate the test equipment, the demand for the instrumentation, or have funding free up.

What’s the difference between a rental and a rent-to-own?

Depending on how you configure a rent-to-own, the costs to the company are typically similar. Monthly costs are typically higher, but you are acruing more equity. If you are currently renting test equipment from TestWorlds and would like to switch to a Rent-to-Own call toll free now 855-200-TEST now or e-mail sales@testworld.com and provide your current contract number. Depending on your account status with TestWorld equity is given on test equipment rentals that may allow you to purchase the test equipment today.

What’s the difference between Rent-to-Own and a Test Equipment Lease?

Leases are long term close ended contracts, requiring the purchase of the test equipment listed on the contract (swapping out units for newer technology can be done – visit Lease and Finance Test Equipment service page for more information). Rent-to-Own contracts allow you to return the test equipment at any time! This allows for equipment evaluation, project management and unknown program schedules at minimum cost and lead time.

Rental equipment has priority and is often shipped the same day, leasing or buying used test equipment typically have a 3-10 business day lead time.

For General Inquiries to TestWorld.
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