Industrial equipments belonging to any industry must meet certain requirements to ensure quality and standardization in production. Moreover, using faultless, correct machinery is important for the safety of thousands of workers. Usage of defective equipment cannot be justified in any instance. Furthermore, such equipments need to be inspected periodically to defect the major flaws which can be loss incurring from the production perspective, and also life threatening for the workers at times. In many cases, start up companies may not have the sophisticated equipments to be used at the work place. In such cases, they can always look for the possibility of leasing equipments at affordable rates.