Candace, Author at Loanables - Page 3 of 3

About Candace

Candace is a 3x Start-up Founder. She geeks out on brainstorming bold ideas and then actually brings some of them to life. She is currently the CEO of Loanables, where her mission is to reduce overconsumption by making it as easy to rent as it is to buy.

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How are you protected when you use Loanables?

My husband DID NOT WANT TO RENT HIS TOOLS! But I pulled the “you have to support me” card; so of course he did. He had the same question we hear all of the time: What happens if my stuff is damaged or if someone hurts themselves while using them?This is one of the main reasons you should use Loanables (even if you just want to lend your stuff to a friend). Both parties are protected by a loan agreement. I’m not an attorney so I have to say this: ask your attorney for legal advice. Treat this blog just like you’d treat a friend giving you advice (take it or leave it at your own discretion).

How the agreement protects you:
  • The person renting the item is responsible for any damage – they have to pay the rental fee plus have the item either repaired or pay replacement cost.  
  • The person renting the item agrees to follow the manufacturer’s guidelines and operating instructions.
  • If the person renting the item is harmed in any way during use of the item, he/she holds both the owner of the item and Loanables harmless (Use at your own risk)

My Advice on the Security DepositThe security deposit could simply be the replacement cost of the item, or what the item is worth to you. Keep in mind, renters will consider this number as something they have to come up with at the start of the rental (even though it is refunded when the item is returned) so if the number is ridiculously high, people will be less likely to rent it. So, if it’s a family heirloom that is worth a MILLION dollars to you, let’s just not list that. Okay? Accordingly, if an item is nearing the end of its useable life or after several rentals when you feel you’ve earned enough to cover the money you invested in the item, consider reducing the security deposit so it is more enticing to renters.   Personally, I don’t follow my own advice (do you?). I actually don’t ask for a security deposit at all because I typically only rent to people in my hyper-local market (people that live really close or are part of a community I belong to (school, church, etc). I figure if something goes wrong, we will both want to work it out amicably. If you want us to create a private group link that allows you to rent with a group you know, like and trust, email us at Let us know the name of the neighborhood or type of group and we will get you set up with a link to invite your tribe.

Most importantly…Our community is built on trust, and this trust is fostered by our rating system.  We use the rating system to filter out bad users and continually improve service. After a transaction, both sides get the opportunity to rate each other. We are proud that the average user rating on Loanables is 4.8 out of 5 stars.


Earn an Average of $3000 a Year Renting Stuff You Already Own

I’ve done an unscientific survey of stay-at-home moms and have found that most have at least 20 things on the list below.  You could earn an average of $3000 per year renting these things!

1 Ladder
2 Sewing Machine / Embroidery Machine
3 Power Washer
5 Tools (From Hammers at $2 to Saws at $50)
6 Kids Bikes
7 Theme Party Supplies (don’t throw them away after the party is over)
8 Musical instruments
9 Toys by age (don’t give them away put them in groups of 10 by age)
10 Kids Electric Vehicle
11 Skateboard / Hoverboard
12 Cooler (more for brands like Yeti)
13 Camping Gear
14 Sports gear
15 Kids Special Occassion outfits
16 Wii / Playstation / Nintendo / Xbox
17 Ski Clothes / Winter Wear
18 Formal Wear
19 Lawn Mower / Weed Eater / Edger
20 Steam Cleaner
21 Dog / Cat Crate
22 Table
23 Fold up chairs
24 Wagon
25 Fitness Gear (weights / bands / yogo mat, etc
26 Stroller
27 Car seat / booster
28 Ice cream maker
29 Crock pot / Slow Cooker
30 Tea Party Set
31 Glassware
32 Fishing Gear
33 Maternity Clothes
34 Dolly / moving blankets
35 Hammock
36 Shoes / Accessories
37 Meat Slicer
38 Freeze Drier
39 Dog / Kids Gate
40 Beach Gear
41 Highchair
42 Vaccuum cleaner
43 Animal Trap
44 Luggage
45 Tent / canopy
46 Outdoor furntiure
47 Metal Detector
48 Painting Gear
49 Picnic Basket, blankets & portable games
50 Board Games
List your Stuff at and Start Earning some Passive Income!

Healthy-ish Margarita Recipe

It’s getting warmer which means it’s Margarita Season (my name for Spring).  In order to justify my indulgence, I came up with this yummy “Healthy-ish Margarita” recipe.

1 oz Fresh Squeezed Lime Juice 
1 oz Fresh Squeezed Orange Juice
1.5 oz Organic Tequila (no pesticides or fertilizers = no hangover according to some experts)

Put the ingredients in a shaker, and fill it with ice.  

Shake well then strain into a margarita glass (if you’re feeling fancy) or a solo cup (if you’re like me 😉

If you like it sweeter, make your own simple syrup: 1 Tablespoon Date Syrup + 1 Tablespoon Warm Water (can also use Maple syrup or coconut sugar).  Or, put these ingredients in a blender with your favorite fresh fruit (skip the artificial colors and refined sugars)

You can even make it a party with a margarita machine:

Margarita Machine Rental in Austin,TX

For a margarita machine, you use:
1 Litter Fresh Squeezed Lime Juice
1 Litter Fresh Squeezed Orange Juice
2 Litters Tequila
1 Litter Simple Syrup (only if you want sweet)

And, if you don’t want to work this hard, you can just use the mix that comes with the margarita machine rental. Let’s face it: “being healthy” is probably not at the top of your concerns when drinking margaritas anyway.

3 Easy Things You Probably Haven’t Thought of That Can Dramatically Reduce Your Carbon Footprint

1. Reduce Beef Consumption

No one’s asking you to go vegan; just eat a little less beef. The U.N. Food and Agriculture Organization states “14.5% of all greenhouse gas pollution can be attributed to livestock.”  65% of that comes from raising beef and dairy cattle. Some studies even show that becoming a vegan would reduce your carbon footprint more than giving up your car! When you really need a hamburger, eat local! Transporting food requires petroleum-based fuels and accounts for an estimated 13% of greenhouse gases.

 2.  Reuse Face Cloths 

More insecticides and pesticides are used to grow cotton than most other crops. It also requires more water to produce, and that water is then tainted with all those chemicals before it seeps back into the ground. So instead of using a cotton ball to clean your face, reach for a washcloth or facial cleansing muslin cloth.  

3.  Recycle Other People’s Stuff

Rather than buying items you use only a few times per year, rent them.  Besides lowering consumption and saving money, renting has endless benefits.  Not only can you always use the latest technology, you don’t have to worry about storage. And if you loan out your stuff, you’ll earn some money back on those purchases.  

Want to know what impact your carbon footprint has on the world?  Check out Consumer Consequences and answer a few questions about your lifestyle. You will quickly find out how many earths worth of resources we would need if everyone in the world lived like you do. What a wake-up call!   

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