What is McPond?

McPond is an access-of-ownership sharing company based in Chicago, United States which lets customers list their idle or unused manufacturing equipment for rental. Our vision is to help manufacturers get those idle machines running and generate additional revenue. In applying shared economy concepts to the industry, we are committed to connecting business owners with idle machinery to business owners and entrepreneurs requiring specific machinery at various points in time. Everybody benefits and the machinery keeps business booming, inspires new manufacturing and generates social capital in the industry.

How does McPond work?

A machine renter who has a job coming up, can easily browse the website and find and book the machine he or she needs for a particular project. At that point, the renter will then be able to send a message to the owner and discuss all requirements (and whatever part details needs to be manufactured) with the machine owner.

There is a mandatory message field during booking because the initial conversation between renter and owner is an essential part of the process. We strongly suggest that scope, timeline, raw material, shipping, programming, job set-up, tooling, measuring instruments, factory capabilities or any other auxiliary services - if required - be discussed with the machine owner prior to acceptance of the job. This enables them to assist in best possible way and keep clear lines of communication.

Based on the discussion and once the scope of job is finalized, machine renter makes payment to McPond. Once payment is received from the machine renter - McPond.com authorizes the job and sends notification to machine owner to proceed with the job and put machine to use for that job. Once the job gets completed payment is released to the machine owner.

Further, the machine owner will provide a qualified operator to assist with the job and operate the machine. The machine will always be operated by the machine owners qualified operator. Again, McPond was created to inspire manufacturing by providing access to machines and opportunity.

Why rent with McPond?

For renters, using McPond helps to avoid major capital investment in expensive machines allowing entrepreneurs to grow more quickly or established outfits to save money. The process creates collaborative manufacturing and in this way gives the renters access to a variety of different machines in their desired location.

Can I list my Machine on McPond?

Yes, if you have idle manufacturing capacity you can list your machine on McPond. It doesn't cost anything to list the equipment and machines can be listed in multiple locations around the country. Listing your idle machinery creates passive income and additional revenue if the equipment is just sitting around collecting dust in between jobs. If you have multiple similar machines, its a great way to make use of all of them at one time by sharing access. By providing easy access to equipment to renters, McPond looks to providing a boost to industry and the future of manufacturing.

How do I book Machine with McPond?

Finding rentals with McPond is easy!

The first step is to make an account.

From there, you can browse McPond and see machines available near you. Once you find a machine that you are interested in:

  1. Simply request to book the machine by sending job details
  2. Machine owner reviews the job details and sends the proposal.
  3. Make a payment to McPond.com.
  4. Once payment is received, machine is put to use for that particular job.
  5. Job is completed.
  6. Payment is released to the machine owner by McPond.com.
  7. Leave a feedback.
Can I operate machine?

Machines are usually operated by Machine owners’ qualified operator unless another scenario is worked out between owner and renter.

Can I book machine just for few hours?

Yes, you are more than welcome to book machine for just a few hours.

All of McPond machines are booked and priced per hour, so if you only need to book hours on a machine for a short job, you can discuss it with the machine owner.

How do I list my Machine with McPond?

Click on list machine and follow simple steps.

What is included in my rental?

The Machine Operator as well as any add-ons which you must list on machine page.

The goal is always to help machine renters efficiently complete their job(s).

Is there a listing fee?

Listing your machinery with McPond.com is completely free.

Are there any legal implications to equipment being rented?

An owner is responsible for obtaining and maintaining all licenses and permits required for operation of machines.

It is the owner's responsibility to ensure that any operator is mentally and physically capable, and legally permitted to operate the machine if licensing is required.

Please see our Terms of Use for further information.

Do I purchase machine hours?

After discussing the job details with the machine owner you can make a request to purchase hours on the machine for your job.

When I will get paid for my rented machine?

You need to confirm the completion of job as per the scope discussed and once the machine renter accepts the job, payment will be transferred.

What is the fee for this service?

There's a 10% service fee that is included in the machine rental cost. This helps us keep the platform up & running.

Can I pay Machine owners outside of McPond?

Machine Renters should never attempt to pay machine owners outside of the McPond platform. Paying and communicating through McPond helps ensure that you're protected under our Terms of Service, Payments, cancellation and refund policies and other safeguards. Paying or communicating outside of McPond also makes it harder for us to protect personal information and puts the customer at greater risk of fraud and other security issues, such as phishing. These benefits and safeguards can only be provided if the machine is booked and paid for directly through the McPond platform. If a Machine owner asks to pay outside of the McPond, McPond should be contacted immediately by emailing support@mcpond.com or calling +1 (312) 761-4490 to report any such activity.

Insurance

Does McPond offer any additional insurance?

At this time, we don’t offer any liability or machine insurance options for machine owner or our renters or renters job. If you want liability insurance, you’ll need to find an external provider.