Leasing Calculator

1. For enquiries over £100,000, please contact us directly on 01494 611 456.

2. The rental price indicated is for general guidance and is subject to credit approval.

3. Business users only.

Waste Equipment Leasing

Leasing waste equipment is a great way to make savings on waste management, while ensuring you have a safe way to dispose of all waste materials. This could include anything from wheelie bins and skips to compactors, crushers and other waste treatment machinery, depending on your needs. Buying these items can be expensive in the short term. However, correctly treating waste materials on site can greatly reduce the overall cost of waste management in the long term. This combined with a lease agreement, paying monthly instalments over an agreed fixed period is the perfect cost effective solution.

Waste production can create a huge expense for companies. Even small companies who are environmentally conscious will still create some waste each day. The agricultural, construction and manufacturing industries cannot help but produce waste, often in huge quantities. Dealing with that waste safely and responsibly can be an expensive task, unless you have the right equipment available using a cost-effective lease agreement.

Benefits of Waste Equipment Leasing

  • Cash flow

    You will be able to keep funds in your business to be used elsewhere

  • 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

  • Pay for the equipment as you use it

    Companies pay employees over time as they work, so why pay all the cost for waste equipment in advance?

  • The latest equipment

    Always have the latest waste equipment at your disposal by implementing a recycling strategy, whereby you replace equipment at the end of the lease term

  • Tax planning

    Using a lease rental agreement, 100% of your rental is deductible against your companies corporation tax

Waste Equipment Leasing Process

WestWon - The leasing process - customer NEW

Case Study
Financing a Waste Compactor

Learn how this well established Worcestershire based carpets and flooring company made the decision to finance their latest purchase, a waste compactor, over the maximum 5 year term to preserve cash.

Case Study
Roll Packer Finance

Learn how this company utilised WestWon’s roll packer finance solution and helped their cashflow.

FAQ’s

What is the smallest and largest Waste equipment leasing deal you can do?

We can write any  deal starting from a value £1,000.00 + VAT up to over £1m. Our smallest waste deal to date is £2,518.10 + VAT, our largest to date is for £251,962.04 + VAT.

What is a normal Waste equipment leasing deal value?

Our average security deal is £21,030.45 + VAT over a 5 year term.

How long can I lease Waste equipment over?

For waste equipment, most deals we do are over a 5 year term. However, we can lease waste equipment from 1 year up to 5 years.

Is there an advance payment?

Often we take a three months deposit to keep the monthly rentals lower however you can pay more or as little as one month upfront if you wish.

I want to keep the Waste equipment at the end of the rental agreement, can I do this?

Yes, under terms of a lease rental agreement you have the option to own the equipment at the end of lease. Alternatively there is an option to return the equipment at the end of the lease if you wish to get new equipment.

Can I do a hire purchase agreement for waste equipment?

Yes, most of our waste equipment deals are on a hire purchase agreement. Please note under terms of the hire purchase agreement the VAT of the capital cost is payable upfront with your first monthly rental.

Can I include multiple types of Waste equipment on one agreement?

Yes, if you are buying multiple items of waste equipment, this can be included on the same agreement.

How quickly can you arrange Waste equipment finance?

Applications can be accepted within a few hours and once documents are signed, the equipment will be delivered, and the agreement activated within 2 working days of delivery and install.

I am a new start company, will you credit clear me?

If you are a home owner and have a clear personal credit history, we should be able to source funds for you, normally up to £50,000 for new start businesses.

I am an established business trading over three years, what information do you require?

Often, we just take a look at the information in the public domain at Companies House. However, there are times when we will ask to see bank statements, last year’s full audited accounts and management accounts.

I have a CCJ / my company has a CCJ, will we get finance?

If the CCJ is satisfied and there is a good reason for the County Court Judgement, then we will argue your case. However, if you have an unsatisfied CCJ, then sadly we will struggle to get finance.

Another leasing company has said no, will you be any different?

Yes, some leasing companies just do not like financing waste equipment. WestWon are specialists in the financing a range of waste equipment and have financed equipment to a range of companies from new start to well established businesses.

How cheap are your lease rates?

We do not normally lose business because we are too expensive. Our view is to give cheap lease rates and make sure we do more business together in the future.

How cheap are your lease rates for architects?

The leasing and loan sector for architects is already very competitive. Hence, we will give you a very competitive quote from day one. Normally, we do not lose business because we are too expensive.

How often do your customers come back to you for more business?

Our customer retention rate is extremely high, our latest figures shows that over 80% of customers will use WestWon again, mainly due to our level of customer service and the range of assets we finance.

Can I use my own supplier of Waste equipment?

Yes, it is up to you who you use as a supplier.

Can WestWon recommend me a supplier of Waste equipment?

Yes, work alongside a number of waste suppliers. We would be more than happy to put you in touch with a company who can assist should you wish.

Can I pay the lease off early?

Yes. The finance company will work out a settlement figure based on how many rentals are left to pay.

Can I add more equipment to the lease at a later date?

Technically you can, but nobody ever does. It is more cost effective to set up a brand-new lease.

Contact Us

or send us an enquiry online

© 2018 WestWon Limited
The Financial Conduct Authority (FCA) regulates financial services in the UK and you can check this on the Consumer Credit Register by visiting the FCA’s website here or by contacting the FCA on 0800 111 6768. WestWon Limited is a credit broker and not a lender. WestWon companies deals with a range of lenders. All WestWon companies hold a current Data Protection Licence and are registered for VAT. These details, together with our policy on Treating Customers Fairly, Complaints Policy and address details are held under our Get in Touch page.
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