New equipment trading platform

Krank, a new online company-to-company network platform focused on the trading of large items of capital equipment, both regionally and internationally, has launched.

As the first trading system of its kind, Krank enables companies to create private networks between each other and trade large industrial items such as cranes, wheel loaders, trucks, excavators or any other piece of capital equipment.

The site acts as a private sale room with users able to customise their online dashboard to suit their needs, facilitating the buying and selling of machinery.

“Krank is an exciting new venture and we believe that it will revolutionise the way that companies deal with each other in buying or selling new or used equipment,” said David McCarthy, co-founder of Krank. “Having spent many years in the industrial equipment arena, we recognise that there is a need to do things differently. Krank is going to make it easier, quicker and cheaper for companies to trade their equipment.”

Krank uses bespoke online technology and the latest analytic tools, to create both a secure company-to-company networking tool and an online trading platform for equipment. Users can register on the site as an individual or through a company profile. They can then create their own private network of contacts and invite co-workers to join, or request to connect with anyone from other companies.