This is an area of leasing that generally caters for expensive equipment. So it makes economic sense for your customers to make use of it to procure large waste compacting machines used to destroy everything from hard drives, memory sticks and CDs, right down to small office paper shredders. Surprisingly, not many are aware that we provide finance for this sector.
Financing Waste Equipment
Waste is a hot topic in this world, the government, businesses and the general public are constantly talking about it. As a result of the fear of global warming the focus on waste has increased immensely. Therefore, the importance of waste equipment has rocketed. Being able to dispose of waste efficiently and effectively is a huge responsibility and leasing makes investing in such equipment easier, cost-effective and beneficial.
The UK recycling rate for Waste from Households (WfH; including IBA metal) was 45.2% in 2016, increasing from 44.6% in 2015. There is an EU target for the UK to recycle at least 50% of household waste by 2020. (Government Statistical Service, 2018)
“Tower were totally instrumental in helping us set up our business and helped immensely in establishing our customer base. Tower helped to train staff, in the concept of leasing and how it can increase sales. They always endeavour to ensure the majority of our clients are accepted for leasing. With their help we have grown our company dealing with the most of the top restaurants, clubs, hotels, hospitals and banks in London.”
Lease vs Buy
Did you know by choosing to lease, you could receive fantastic tax benefits?
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