Manufacturing is the backbone of industrialized economies. Yet, because of the amount of capital it takes to get started, many entrepreneurs and companies never get off the ground.
McPond, a peer-to-peer platform based out of Chicago, is poised to change that by providing a way for manufacturers to list their idle machines for rent. Temporary access to industrial manufacturing equipment can cut investment costs or increase production for a new or established company. Meanwhile, companies with idle equipment can earn passive income by listing their machines for rent.