Insider Trading, by HURR’s Top Lenders
Hey HURR! 👋
We’re Kelly, Jess and Paula and with over 3,500 rentals under our belts (and a combined wardrobe of 1,000+ items) we’ve learnt a thing or two about the tricks of the fashion rental trade. Together we’ve created The Lender Collective, exclusively for you – the HURR Community – to share our top tips.
We’ve created a series of Lender Toolkits (including an Earnings Spreadsheet) so that – whether you lend five items a month or 50+ a week – you’ll have the solid foundations to elevate your side-hustle and achieve Top Lender status. Clothes that pay us back? Now that’s girl maths.
Meet the Top Lenders
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Meet Kelly
Kelly is an entrepreneur at her core, a business-savvy, fashion-loving hive of energy with a wicked sense of humour. Starting out in ad tech and media, she set up her first business after the birth of her daughter – a sustainable baby and toddler clothing line. Kelly’s love of fashion, sustainability and tech made her an early adopter of rental fashion platforms and now she is one of the most successful lenders in the UK market.
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Meet Jess
Jess started lending her wardrobe in order to help fund her journey to parenthood. With strength and smarts in spades, it’s no surprise that her savvy, analytical and creative skills have kick-started her successful lending business. With her incredibly cool wardrobe packed full of must-have pieces and your favourite brands (think: Ganni meets Loewe), she’s here to help you elevate your style – and lending game – while making you feel amazing.
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Meet Paula
Paula is our very own Charlotte – with her own sophisticated sense of style and a unique eye for curation. Full of both contemporary and classic pieces, her wardrobe is is a true reflection of her ability to source amazing, stand-out pieces. She knows a good rental when she sees one (she’ll even help you do the same) and thrives on guiding her renters to find their perfect piece – you couldn't be in any safer, or more wonderful hands.
Why fashion rental?
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It’s good for your wallet: make a passive income on your existing wardrobe, and save money by renting instead of buying.
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It’s good for your wardrobe: experiment with your style and elevate your collection by making more considered, long-term choices.
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It’s good for the planet: reduce your carbon emissions by increasing wears, minimising purchasing, and repurposing what you own.
Explore the Lender Toolkits:
The Newbie
Get started with this free-to-download toolkit. Learn the foundations of being a Lender and nail the basics – it's a must for anyone new to the lending game.
The Converted
The Toolkit:
Our ‘The Converted’ toolkit is a helpful manual to accelerate your lending journey, helping you to monetise your wardrobe and ensure your pieces get the love they deserve. This kit is perfect for those in the early stages of their lending journey and wanting a little more guidance and structure.
The Converted Earnings Spreadsheet:
Our Converted Earnings Spreadsheet is the ultimate wardrobe management tool. Easy to use, you can track your performance to learn what’s renting well, keep on top of spending and monitor your income and expenses.
Use our combined toolkit and spreadsheet, and you’ll soon make the cost back in just three rentals.*
*Assumes £50 net profit per completed rental. Three completed rentals at a total of £150 would cover the cost of The Converted toolkit and Converted Earnings spreadsheet.
The Pro
The Toolkit:
Our ‘The Pro’ toolkit is your go-to-guide for accelerating your lending journey, to enable you to become a successful Top Lender. This toolkit includes everything you receive in ‘The Converted’ toolkit plus an additional deep dive into the specifics of becoming a Top Lender – growing a repeat customer base and achieving a high review standard, building your brand, customer service (both the good and the tricky). You’ll come back to it time and time again.
The Pro Earnings Spreadsheet:
The enhanced Pro Earnings Spreadsheet will allow you to track your earnings and analyse performance while learnings from our combined years of lending experience. Building on the ‘Converted’ spreadsheet, this all-singing, all-dancing document includes automated performance charts for detailed, easy ROI tracking.
Use our combined toolkit and spreadsheet, and you’ll soon make the cost back in just five rentals.*
*Assumes £50 net profit per completed rental. Five completed rentals at a total of £250 would cover the cost of The Pro toolkit and Pro Earnings Spreadsheet.
FAQs
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We’ve assumed an average net profit of £50 per rental to suggest how many rentals it will take to cover the investment cost in the tool that suits you. It will vary from lender to lender based on wardrobe and availability, and cannot be guaranteed.
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The Lender Collective is an independent business set up by some of HURR’s top lenders. We are working in collaboration with HURR to bring to you the knowledge that we have acquired over several years of lending 1000s of items. Any FAQs or customer service queries relating to your HURR rentals should continue to go through the HURR Customer Services team.
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We have made the toolkits and spreadsheets available to purchase separately so that you have the flexibility to choose what’s most suitable for your needs and your budget. However to truly get the most out of them, we recommend buying them together- i.e. Converted toolkit and Converted spreadsheet, or Pro toolkit and Pro spreadsheet.
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The Converted toolkits have been designed for those who are newer to lending and are just starting out, and the Pro toolkits have been designed with those who are already familiar to lending in mind. Having said this, the Pro toolkit contains all the same info as the ‘Converted’ and then expands on them further, so would still be relevant for those just starting out but wanting to gain a full view of what to expect as and when their lending journey grows.
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Both spreadsheets allow you to monitor your expenses, total wardrobe value, net profit and return on investment, as well as including a planner to keep on top of sending and managing rentals too. In addition, the ‘Pro’ also allows you to breakdown rentals by month and tax year, as well as giving deeper analytics and automated charts on top performing items.
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Refunds for toolkits and spreadsheets are not possible.
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No, your purchase is for your sole use and distribution is not permitted. Toolkits are copyright protected and any unauthorised sharing will be treated as a breach of copyright.
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How can I contact you? Drop us a message: [email protected]