Waste Equipment Leasing from WestWon

In the UK, most waste equipment suppliers will use leasing to help sell their products. They often will not even quote a capital cost, but a weekly rental. WestWon have been actively involved in the waste sector since 2006 and have a list of most of the UK’s waste equipment companies.

Waste Equipment Leasing projects where we have financed:

  • Second hand equipment

  • Automatic and manual balers

  • Portable and static waste compactors

  • Potable roll on and roll of compactors

  • Wheelie bins

  • Glass and bottle crushers

  • Drum crushers

  • Shredders

  • Choppers

Waste Equipment Leasing example

Waste Equipment Leasing
  • Company
  • Loan Value
  • Term
  • Repayment
  • Rationale
  • A worldwide brand name in confectionary that also owns a horse feed business
  • £10,400.00
  • 60 months
  • £624.00 per month
  • In the waste sector, some suppliers will only offer a weekly rental price and then add on maintenance. Making a decision on a monthly rental price is also easier than finding the capital expenditure

Benefits of Leasing Waste Equipment

  • Cash flow

    Allowing you to keep funds in your business for other uses

  • Alternative funding lines

    No need to use up an existing bank facility

  • VAT

    On rental agreements VAT is paid in the rental, not in full and upfront

  • Tax planning

    Using a lease purchase agreement, if your investment in assets in one year is £200,000 or under, subject to some HMRC conditions, this expenditure can be fully offset against Corporation Tax. For many customers, a lease rental is a great solution as all rental repayments are allowable against Corporation Tax

  • Budgeting

    A lease repayment covers the cost of the equipment and interest. This makes internal allocation of costs very easy for those companies wishing to divide the cost by headcount, department or even square footage

  • Budgeting

    It’s easy to budget for a fixed rental payment over a three or five year term

  • Pay for the equipment as you use it

    Would you pay a new employee three years’ salary in advance, probably not. So why pay for their desk, computer or car in advance?

  • Obsolescence

    Under the WEEE directive, you have an obligation to dispose of certain assets in an environmentally friendly way. If you rent the equipment, you can just hand it back at the end of the rental term.

Next steps

Waste Equipment Leasing – enquire now

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