How Safe & Secure Logistics grew the WEEE recycling part of their business

SAS Logistics Limited

 

Company Profile

Safe & Secure Logistics (SAS) was founded in 2000 and offer a range of solutions to customers including WEEE recycling of any confidential equipment, aftercare, collection, security warehousing for businesses to ensure safe and compliant.

WEEE recycling is a market that is growing with the regulations of safe and secure destruction of hard drives, mobile phones, cassettes and data sticks. 

Challenge 

Lee Spendlove, Company Director wanted to invest in growing the WEEE recycling part of the business with the continued growth of the WEEE Market. Lee wanted to expand the equipment SAS already had to increase the amount of recycling it could produce.

After careful consideration and visiting the Untha shredder supplier, the best fit for the business was the RS40 shredder with a capacity to recycle over 3000 hard drives per week.

Solution

Lee contacted Close Brothers Asset Finance and met with, Paul Hindle, Regional Sales Manager for the waste and recycling sector to discuss the best finance option for the business. Paul was able to tailor a fixed term Hire Purchase agreement with tailored monthly payments.  At the end of the agreement, the ownership of the shredder would pass to SAS.

Result

From the investment and with the asset in place, the business has been able to recycle more and has since taken on more contracts due to increased productivity.

Commenting on the deal, Lee Spendlove said: “Close Brothers Asset Finance are experts in their field and have helped to grow SAS with their welcomed advice and the products they offer.” 

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