According to the American Rental Association, approximately 50 percent of construction equipment is rented. A free app by software company Getable is streamlining the renting process.
The company has received $5 million in funding to expand its rental services nationwide. Getable was founded in 2010 and is designed to simplify the process of connecting contractors with necessary construction equipment. The app allows construction crews to order and track equipment, and also provides contractors with costs associated with those assets.
The app reflects a growing trend of contractors (90 percent) using tablet devices while in the field.
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