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Need to Rent Stuff or Have Stuff You Want to Rent? SnapGoods May Be for You

This rental site thrives on the philosophy 'Why buy when you can borrow?'

This story appears in the August 2011 issue of Entrepreneur. Subscribe »
Based in New York City

3 employees

110,000 page views per month

20,000 unique visitors per month

Average time spent on the site: 4 to 5 minutes

What it is

SnapGoods connects people who need things--paintball helmets, high-end cameras--with product owners willing, for a fee, to rent out those items. The site has a verification program for borrowers and, when lenders agree to the program terms, the site fully backs the transaction and replaces lost, damaged or stolen goods.

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