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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?'

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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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