Generate New Revenue with External Equipment Rentals
External Rentals empowers construction companies to turn underutilized equipment into a new revenue stream through external equipment rentals, without extra systems, manual workarounds, or changes to current operations. With integrated equipment rental management software and heavy equipment asset tracking, you gain full visibility and control from one platform.
Why Contractors Choose RentalResult for External Equipment Rentals
RentalResult is designed for equipment-heavy contractors who manage their own yards, fleets, and logistics. Whether you are renting equipment to internal projects or offering assets through third-party equipment rental management to subcontractors, RentalResult unifies it all, contracts, billing, logistics, compliance, and maintenance, into a single, streamlined system.
Boost Asset Utilization
Put idle equipment to work by renting it externally, increasing usage without growing your fleet.
Earn Recurring Revenue
Turn ownership costs into profit with a steady income stream from underused assets.
Recover Costs Faster
Accelerate payback on capital equipment by generating revenue even between internal jobs.
Scale Without Complexity
Manage internal and external rentals with the same centralized processes, backed by accurate heavy equipment asset tracking.
Cut Vendor Dependency
Reduce reliance on outside suppliers through in-house third-party equipment rental management.
Maximize Capital Efficiency
Get more from every investment by transforming fixed assets into active revenue-generating tools.
How External Equipment Rentals Work in RentalResult
External equipment rentals run on the same contracts, pricing, dispatch, and billing processes your team already uses for internal jobs, so renting to subcontractors and partners does not require a second system. The demand is there: the American Rental Association projects that U.S. construction, industrial, and general tool rental revenue will grow 3.4 percent in 2026 to $83.5 billion.
Quote to Contract
Build a quote for external equipment rentals and convert it to a rental contract when your subcontractor or partner accepts it.
Rates From Your Price List
Price every external rental from your own price lists, with the option to update active contracts automatically when rates change.
Controlled Discount Approvals
Set user and role based approval thresholds so discounts are approved in RentalResult or by email before a contract goes out.
Proof of Equipment Condition
Attach equipment photos to the rental contract and email them to the customer as proof of condition before the asset leaves your yard.
Recurring Rental Invoicing
Bill long running rentals through continuation invoicing and email invoice batches to multiple customer contacts at once.
Simple Rental Transfers
When a new contractor takes over equipment on the same project, transfer the rental line or the full contract to the new customer.
Why Heavy Equipment Asset Tracking and External Rentals Are Gaining Traction
Construction companies are facing rising costs and tighter margins, making it more important than ever to get the most out of owned equipment. With up to 30% of fleets sitting idle, external equipment rentals offer a clear opportunity to generate revenue from underused assets.
RentalResult makes it easy to rent to trusted subcontractors or partners while maintaining full visibility with heavy equipment asset tracking. You keep equipment in use, reduce downtime, and improve returns, without disrupting internal workflows.
Get More Than Software.
Get an Enterprise Partner.
Consultations and Modifications
Tailor the system to fit your workflows with expert-led consultations and custom modifications.
Implementation Options
Choose the deployment approach that fits your team: a phased rollout, a fast-track launch, or an enterprise-scale go-live.
Custom Training
Role-based training programs ensure every user, from field crews to finance teams, gets the most from the system.
Integrations
Connect seamlessly with your ERP, accounting, and field tools through open APIs and proven integration options.
Looking to Earn More from the Equipment You Already Own?
Discover how External Rentals can help you turn idle equipment into recurring revenue, reduce third-party spend with streamlined rental processes, and capture more value from every asset through integrated equipment tracking for heavy machinery.