The Problem
People have debts, and sometimes they have to work on two jobs, just to be able to pay their bills. They already made the mistake of buying everything instead of renting it, and thus have to live with all the disadvantages mentioned above. Also commercial lenders or “rental shops” are confronted with several problems. Very often they have no website and only get customers that visit their store in person during office hours. They have to spend in marketing such as the yellow pages and have no guarantee of any sales.
The iRent2u Advantage
People can still correct their mistake of purchasing everything, and make some extra money by lending out their stuff, to recover some of the money they have spent to purchase all these assets, or to at least split operating expenses, such as taxes, insurances, and maintenance cost for the time they don’t use their assets. It is even possible to earn more money through lending out an item, than it costs to purchase it, so people can become power lenders and make renting a profession. Commercial lenders can finally have an online presence and offer a 24/7 service to their customers. At the same time they can extend their market reach by having access to customers worldwide, since items can also be shipped. If they have a website already, iRent2u still complements theirs, because iRent2u can bring them customers that did not find their website, thus they can benefit from iRent2u’s search engine optimization and Internet marketing.
The iRent2u Solution
iRent2u offers powerful and easy to use tools to manage every bit of the lending process. A simple lending wizard that helps lenders to describe their items, upload pictures, define the lending terms and conditions, as well as schedule availabilities, and select the lending logistics. iRent2u offers a contract system which pre-populates a standard contract with all relevant information automatically or any contract the lender wishes to upload and use. In addition to the rental contracts, a patent pending double blinded feedback and recommendation system, a flagging and reporting system, as well as a deposit system, and iRent2u’s eTrust certificate, helps to keep abuse from the website. An inventory management system provides complete visibility on all items one has uploaded or lent, listed online or offline, and allows organizing and editing them easily. A communication system helps to discuss and answer any question a renter might have. A dashboard lists all available rental history and advises users what to do next. And if a user or commercial lender wants to appear more professional, they can create and customize their own rental store. And with iRent2u, all that is for free. No listing fee, no commission.
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