About Lenddit

There are virtually no simple options to rent tools and equipment online from retailers. We don’t want DIYers or professionals wasting their time or money anymore! Using Lenddit will allow you to save your money and time without the frustrations that come with renting from large stores. Lenddit’s platform offers renters a more robust selection of quality tools and equipment at lower prices, providing renters the opportunity to save more of their hard-earned money while giving owners the opportunity to earn supplemental income.

Our story

As DIY’ers, we have encountered the many problems surrounding tool and equipment rentals from stores. After finding flooding in our front yard, we realized there was underground pipe blockage that required a large trencher to repair the issue. It was too expensive to purchase and much too large to store, so we had to begin the long process of searching various retailers that rented out equipment. One retailer offered the trencher we needed but did not have online rental options or offer the ability to hold the item for us, so we had to wait until the next day, go to the store when it opened at 5am, and wait in line. Only one associate was working, so it took between 30 minutes to an hour to finally get the equipment. The trencher was extremely large so after all of that, we had to also rent a truck with a hitch. After using the equipment, we had to return that to the store (more waiting in line!), then go and return the truck (EVEN MORE time wasted!). Unnecessary time and money wasted, and such a hassle. After this experience, we vowed to find a way to make tool and equipment rentals much easier and efficient. In addition to that, the constant cost of living increases had us wanting to create something that could help others make supplemental income, and Viola!, Lenddit was born!

How we work

Lenddit strives to be the best-in-class platform connecting those who own tools and equipment, with those that want to rent them. Lenddit provides a simple three step process to search, browse and rent. Users can search by tool or equipment name, using geo location, date and time to narrow down their selections. The renter will then select the equipment they want and rent it through our platform as we provide a straightforward payment processor. There will be additional methods to search for tools and equipment such as tool category or brand of tool(s). For assurance purposes, we provide damage protection the renter has to purchase.

Owners can offer rentals for same day, next day or any type of advance notice. They can also offer delivery to the renter for an additional convenience fee. However, renters will only be able to rent tools and equipment for the same day if they have previously rented on the platform or verified their identity through our verification provider.

Lenddit also provides the ability for both the renters and owners to rate their experiences with one another. This will allow us to continuously improve the platform and the user experience.