What Is a Waste Compactor and How Can It Save a Business Money?
Many businesses will rule their waste collection methods with an iron fist, while others may not focus too much on how their refuge is collected. However, the fact of the matter is that if a business doesn’t handle its waste in the right way, it can be paying out much more when it comes to waste collection.
What is a Waste Compactor?
A compactor is a machine that takes discarded rubbish or recycling, and combines into a smaller, more manageable unit. Not only does this make waste and recycling more manageable, it takes up less landfill space where rubbish is concerned. But of course, this isn’t the only benefit associated with compactors.
What Types of Compactor Are There?
There are many types of compactors available, depending on the size of your business. The main 2 options for recycling and waste materials are portable or static. The main unit of a Static compactor is bolted to the ground and the attached container, which gets filled with the waste material, is exchanged when full. Portable compactors are one whole unit which is taken away and replaced whenever it needs emptying. Our dedicated sales team can help you to understand which would be most suitable for your business needs.
Should I Hire or Buy a Compactor?
If your business is thinking about investing in recycling equipment, there are many financial decisions to be made and various options for you to consider. We always recommend you speak to your accountant or financial advisor. To help you get an idea of the possibilities available to you we have the following options to choose from.
If money is no problem, then you could opt for an OUTRIGHT PURCHASE and utilise the HMRC incentive of Annual Investment Allowance (AIA). The AIA means that you can claim tax back on qualifying expenditure.
For a lot of businesses, it makes financial sense to use a Finance Company and LEASE New Equipment. This not only saves your capital and improves your cash flow for other essential business expenses such as stock, wages, advertising etc but the monthly payments you make are treated like rental payments which are an allowable business expense.
Depending on whether you are looking for a NEW or REFURBISHED cardboard / plastic baler or compactor, we also have the ability to offer a HIRE/RENTAL package to suit your needs. With our own fleet of machines on our books we are capable of offering SHORT or LONG term hire/rental packages.
Your accountant will be able to advise you more on any of the above options.
The Benefits of a Compactor
Of course, when deciding as to whether you need a compactor or not, you need to know how it will benefit your business. As well as making the dealing of waste and recycling a less demanding task, it can also help reduce your overall costs when it comes to refuse collection. Evidently you will need to ensure that you’re using the right kind of solution, but with the right advice from a reputable company, you could make huge savings moving forward, which can only benefit a business in the long run.
And there you have it, a general overview of a compactor, and the benefits it can bring. If you’re currently looking for a solution, then why not contact the Mardon Recycling team today. Not only is it a reputable and reliable company, but offers several hire, lease and buy solutions at a cost-effective price. You can also view our range of static and portable compactors here.