What to Know About IBC Totes
Just last winter, we took advantage of an amazing deal offered us on some top-quality IBC totes from a supplier that was just a few miles away. Rather than spending hundreds of dollars on a single bulk container, we only spent a couple of hundred dollars on each IBC and were able to purchase several. We have found that used IBC totes have an extensive range of uses on a farm. But you will want to make sure you know about all of these uses so that you can get the most from your investment.
Here are some of the things that you should be looking for.
What Are IBC Totes?
IBC totes, like these options offered by Verde Traders, are large containers designed to hold liquids or granulate substances. IBCs, or Intermediate Bulk Containers, are perfectly designed so that they can be stacked and mounted on pallets and are made of top-quality industry-grade materials, and are especially durable. Because of their impressive durability, these IBC totes can be stacked and easily relocated from one place to another with a forklift or some other similar vehicle. These totes can be selected to meet the exact needs you have. For example, you can choose between rigid and flexible designs. The average IBC tote can hold between 285 and 2930 liters of liquid or granulated substances. Totes can also be made of a variety of materials depending on what you need. There are aluminum, plastic metals or wooden totes, or a combination of these. For our purposes, we chose a set of IBC totes made of hard plastic containers that were encased in metal cages. This provides increased strength and durability for long-term use. This is especially important to the type of use they will get on a farm where efficient and effective storage solutions are especially important.
Furthermore, there are IBC tote rental programs. For example, stainless steel totes are valued for their strength and versatility, but they can also be especially demanding on a tight budget. But these can be rented for a greatly reduced price. This provides a variety of advantages for common situations including.
– Dealing with unexpected custom orders
– Fluctuations with production
– Limited cash
By applying a carefully managed program of renting the totes you need at the times you need them you can enjoy the many benefits of top-quality IBC totes while effectively avoiding the high costs of purchasing these costly containers. Even better, renting these IBC totes is an especially easy process. Many times, you can rent a tote and begin enjoying its benefits within just a few days rather than weeks. There are many different benefits to renting IBC totes, we will cover some of the more important benefits in the following sections.
Benefits Of Renting Totes:
1. Conserve Your Working Capital
One of the best advantages of renting your IBC totes is that you can enjoy all the benefits of your totes without having to pay an especially high price for these items. Because you will have no down payments and you can spend only what you need, you will be able to better manage your budget while still enjoying the storage solutions you need.
2. Immediate Results
With the right rental program, you will get everything you need and set up your storage operations quickly. This will allow you to get started right away and you can keep you from having to save up the funds needed for this important aspect of your operations.
3. Less Obsolete Equipment
You will never have to worry that your investment will become obsolete in the coming years. You will always be able to count on your investment to provide you with the best option available in the marketplace. If you purchase your container solutions, you may find they become obsolete in the near future and you will be stuck without options for replacing them.
4. Better Flexibility
Renting your totes will provide you with improved financial flexibility in the long and short term. You will be able to boost your productivity without having too much strain on your budget.
5. Tax Savings
You will be able to classify your investment as an operating expense and this is a much better plan than purchasing your totes and then watching the value depreciate.
