HUNTER WASTE RECYCLING ASSET FINANCE
With the support of Charles & Dean, Hunter Waste, a recycling and commercial waste management business, was able to finance a state-of-the-art wastage lorry through asset finance.
The family owned business found growth had been halted by their old wastage lorry. The asset was reducing profits as pre-paid customers had been over filling their waste bins and taking advantage of collection limits. The business needed an accurate way of identifying those who had gone over their limit and charging them accordingly.
The new wastage lorry had the ability to weigh each customer’s waste and give an accurate reading with data linked via the cloud, so it was easy and convenient to automatically produce accurate invoices.
Hunter Waste, being only two years old, benefited from the experienced team at Charles & Dean. We took the time to visit the business and understand the benefits and potential purchasing the wastage lorry would bring to Hunter Waste. We explored the savings the new vehicle and technology would generate along with the extra income the asset would bring.
The lorry was a clear winner and the business purchased the vehicle within just a few weeks.
Alongside the state-of-the-art weighing equipment the wastage lorry was also larger and more efficient, it even had the technology to text customers 10 minutes before their collection, meaning Hunter Waste could introduce brand new customers and improve the overall experience.
“I would, and have already, recommended Charles & Dean to businesses and friends as the service was simple and the approach to finance was realistic.” – Nigel Johnson BSc (Hons), Director, Hunter Waste.
We are excited to see Hunter Waste thrive as a result of the new asset. If you’ve been inspired by this story, get in touch to find out how we can support your business to grow.