E-books and research technology provider ebrary, US, has announced the availability of usage-triggered Short-Term Loans. Currently in beta, this model provides libraries with all of the benefits of traditional short-term loans with the added advantage of only paying if titles are used.
ebrary's new Short-Term Loans can be a library's standalone cost-saving service, or used in conjunction with ebrary's Patron Driven Acquisition programme to offer an additional layer of mediation before titles are triggered for purchase. As YBP's preferred e-book vendor, ebrary also makes Short-Term Loans available through YBP's Demand Driven Acquisition service.
ebrary's new Short-Term Loans are available for one or seven day periods. When the loan is triggered, libraries receive a notification and are given a number of flexible options including purchasing the title, making it available for purchase through Patron Driven Acquisition, or offering another Short-Term Loan.
Libraries may offer up to three loans per title.
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