Hire companies have a number of really big problems with theft:

1) The level of theft in plant hire particularly is endemic ­ around 11% per annum

2) The hire company passes on the risk to the user of the equipment

3) However with theft rates like this, the user either cannot insure or cannot afford to insure

4) If the client suffers loss he may not hire again or will look to hire less

5) If the client is less than honest he may disappear and not return the asset

In this way theft hits the hire company very hard. Not only does theft cost money, it can lose the company its customers, which in turn loses more money. In short, a circle of financial pain!

What mtrack does is allows the hirer to square this circle. It is battery powered, needs no aerials and works both indoors and out and can be installed on a piece of equipment within minutes. Because of this, mtrack can be fitted onto any asset that is big enough to house it, from a plasma screen to a JCB digger.

mtrack has an added benefit helps give you the hirer confidence that if payments are missed they will be able to get your equipment back; if it gets stolen they will be able to track it down keeping insurance premiums and excess payments to a minimum and still add the charges on to the client. mtrack is quite simply cost effective peace of mind.

A major construction company lost 7 major pieces of plant in the 7 weeks. The company has an insurance excess of £10,000. The company called in an mtrack distributor and immediately ordered a fitment program for their entire owned fleet and hired assets.

mtrack has the following benefits:

• Cars • Motorbikes • Boats • Caravans
• Lorries • Plant machinery • High value loads
• Car Dealerships • Hire Companies

keyfob (click to enlarge)

Thatcham CAT 7 2011