Home
Forms Library
Equipment Loaner Agreement Template

Equipment Loaner Agreement Template 2025

Equipment Loaner Agreement Template Preview on Page 1

See details

4.7 out of 5

36 votes

The Equipment Loaner Agreement outlines the terms and conditions for the loan of equipment from a Lender to a Borrower. It defines key terms, specifies the equipment being loaned, establishes responsibilities regarding usage, return, and financial obligations, including fees for late returns or damages. The agreement also includes liability waivers and insurance requirements, ensuring both parties are protected during the loan period.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to edit Equipment Loaner Agreement Template online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

With DocHub, making changes to your documentation requires only a few simple clicks. Follow these fast steps to edit the PDF Equipment Loaner Agreement Template online free of charge:

Sign up and log in to your account. Log in to the editor using your credentials or click on Create free account to evaluate the tool’s functionality.
Add the Equipment Loaner Agreement Template for redacting. Click on the New Document button above, then drag and drop the document to the upload area, import it from the cloud, or via a link.
Adjust your document. Make any changes needed: add text and images to your Equipment Loaner Agreement Template, underline details that matter, remove parts of content and replace them with new ones, and insert icons, checkmarks, and fields for filling out.
Finish redacting the form. Save the updated document on your device, export it to the cloud, print it right from the editor, or share it with all the people involved.

Our editor is very user-friendly and effective. Give it a try now!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What are typical loan terms for equipment?

Business equipment loans may have terms ranging from several months to several years. Leasing terms often last for three, seven or 10 years. However, all agreements are different, and the terms vary based on the type of equipment under lease and the credit strength of the borrower or lessee.

How do I write a simple loan agreement?

What a personal loan agreement should include Legal names and address of both parties. Names and address of the loan cosigner (if applicable). Amount to be borrowed. Date the loan is to be provided. Repayment date. Interest rate to be charged (if applicable). Annual percentage rate (if applicable).

How to make an equipment rental contract?

What to include in an equipment rental agreement Full and correct names. Your company should be listed as the lessor and your customer as the lessee. List the rented-out equipment. Rental duration terms. Rental rate. Late charges. Security deposit. Equipment usage guidelines. Repair and replacement.

How to set up an equipment lease?

Equipment Lease Application Process Schedule an Initial Consultation. Start by connecting with a leasing company that aligns with your business needs. Submit Required Documentation. Underwriting Approval. Review Your Lease Estimate. Confirm Insurance Maintenance Requirements.

What is the basic equipment loan agreement?

This agreement allows the lender to lend specific equipment to the borrower for a specified period, while the borrower agrees to use the equipment responsibly and return it in the same condition at the end of the loan period.

How to make an equipment rental agreement?

How to write an Equipment Rental Agreement Describe the equipment. Provide as much information as is needed for a complete description. Clarify lease terms. Specify any restrictions on how the renter may use the equipment. Address insurance and taxes. Add personal details.

What is the formula for equipment rental?

For daily, weekly, or monthly rates: Base daily rate = (total cost of ownership / expected rental lifespan (in days)) markup multiplier. Weekly rate = (Daily rate 7) (0.85 to 0.90) to provide a volume discount. Monthly rate = (Daily rate 30) (0.70 to 0.80) for longer-term rentals.

What is the agreement to lease equipment?

An equipment lease agreement is a legal contract between a lessor (the equipment owner or provider) and a lessee (the person or business using the equipment) that outlines the terms and conditions for leasing and using the specified equipment.

Equipment Loaner Agreement Template 2025

Here's how it works