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Rental agreement. A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property; it is distinguished from a lease, which is more typically for a fixed term. [ 1] As a minimum, the agreement identifies the parties, the property, the term of the ...
A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. [ 1] Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties ...
Caterpillar Inc. Caterpillar Inc., also known as Cat, is an American construction, mining and other engineering equipment manufacturer. [ 6] The company is the world's largest manufacturer of construction equipment. [ 3][ 7][ 8] In 2018, Caterpillar was ranked number 73 on the Fortune 500 list [ 9] and number 265 on the Global Fortune 500 list ...
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United Rentals, Inc ( NYSE : URI) is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [ 5] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [ 3]
Rental Management Software Functionality. Rental management software should cover all aspects of a rental business in a systematic way including Financials ( GL, AR and AP ), Equipment Servicing, CRM and reporting functionality allowing rental businesses to achieve all their business analytics from within a single package. Rental management ...