Test Equipment Rental and Test Equipment Lease Options
Why Rent and Lease Instruments from TestEquity?TestEquity's rental and leasing programs are designed for value-conscious companies looking to avoid the costs of owning, repairing, and calibrating portions or entire labs of their test and measurement equipment. Customers also get access to the best account team in the business, fast delivery options, a huge selection of products, and cash flow-friendly financing — as if they were purchasing directly from our company. More than a rental/leasing business, TestEquity is an off-site equipment pool — constantly updating stock to carry the latest models, for as little or as long as a job requires.
Amazingly simple, TestEquity lets customers rent and lease with flexible terms that remove risk while eliminating the need for capital expenditures. We also automatically apply a percentage of rental payments toward the purchase price of all qualifying models — or the total amount when products are purchased within the first month.
Options for Conserving Capital Costs
Acquiring test equipment without the need to purchase new provides a number of attractive benefits.
Rental: Our rental program is tailored for short-term equipment needs — typically one to 12 months — or when project timelines are undefined. Renting test equipment lets customers:
Equipment Lease: Leasing is cost-effective whenever equipment is needed for medium to long-term periods. TestEquity offers 12-, 24-, 36-, 48- and 60 month operating and finance leases. Leasing equipment lets customers:
Operating Lease: An operating lease lets customers use equipment for the term of the lease without adding equipment as assets to a company balance sheet. At the end of the lease, the following four options are available:
Finance Lease: Lets customers acquire equipment at a low monthly rate without tying up capital.
Maintenance and calibration costs can be rolled into an operating or finance lease, providing a known fixed monthly cost for the duration of the lease. Clients can mix new and refurbished equipment on their operating or finance lease — lowering both the cost of leased equipment leased as well as payments.
Typical Contract Terms
When renting or leasing equipment from TestEquity, customers enjoy the same expert assistance from our account management team as when purchasing equipment. Additionally, we take responsibility for keeping all customer equipment calibrated, using TestEquity's on-site A2LA accredited calibration lab. All equipment is shipped with current calibration certificates to meet the original manufacturer's specifications, with NIST traceability and yearly calibration services also available on lease contracts.
TekLease+ Equipment Leasing Program
TestEquity and Tektronix have teamed up to provide TekLease+, a lease-to-own program with special financing and rent-to-buy options for qualified customers across North America. Learn more…
Financing via Balboa Capital
TestEquity has partnered with Balboa Capital to provide a range of lease financing options that give customers a source of funding for test and measurement equipment that is separate from the bank, lines of credit, credit cards, or cash. Program details are available below. For more information, please contact Mark Kelly at Balboa Capital, (949) 553-3408.Balboa Capital Program Options
ResourcesTestEquity Credit Application
Keysight Product Categories Available for Rental
Tektronix Product Categories Available for Rental