Waste management: Building a business to deal with the business of banking



A used plastic bottle simply gets screwed up and dropped in a recycling bin.


A few metres away, tonnes of masonry, steel and wood that make up an unwanted building, is waiting to be disposed of.


Whilst the items are completely different, the principle is the same. The wide array of material used in the construction of residential and commercial buildings is ripe for profitable recovery and sustainable reuse.


It’s a job for the waste management industry that is becoming increasingly pressing - as the government and building industry together eye brownfield land (land which has previously been developed) to supply a significant proportion of the UK’s acreage for construction.


Planning policy has been streamlined and councils urged to identify building plots in an attempt to meet the ever growing demand for housing; a further £400 million is also being invested by the government jointly with the Mayor of London for around 20 new Housing Zones, plus £200 million outside the capital.


Opportunities for growth


The hoped-for result is an easing of pressure on the UK’s much-loved green belt; the regeneration of land into new, modern development; and the investment, jobs and homes that spring from sustainable construction.


It’s a valuable opportunity for growth by the waste management industry as developers search for help to satisfy stricter regulations, and public opinion, for better quality and higher tonnage of recovered material.


The demand exists at the other end of the development process too. As the economy continues to recover, busy residential and commercial contractors are sucking in construction materials, which an efficient and effective recycling process can play its part in supplying.


As with any opportunity, however, there’s also a challenge.

The rising demand for construction recycling, to spare businesses the huge tax costs of landfill, is increasing pressure on waste management companies to cope with the surge of material.


In a time of change for the waste management industry, the most forward-looking businesses are investing to attract and keep these customers. They are securing the plant, vehicles and technology to help provide the commercial advantage for clients to put them ahead of the competition.


The source of this investment can be difficult for companies who are driven by the exciting ambition to develop their operation, but are held back by the practical need to balance cashflow.


Options for your business


One option that is tax-efficient and cost-effective is asset finance.


With Allied Irish Bank (GB), agreements of more than £25,000 can usually flex between terms of three and five years, and the asset can be sold at any time. Reassuringly it’s the asset which stands as the security and by the end it is owned entirely by the business.


Alternative routes are business loans with competitive interest rates; overdrafts for the peace of mind that extra funds are available; and invoice finance which provides an up-front release of up to 90 per cent of funds tied up in unpaid invoices.


This financial support also comes with support from Allied Irish Bank (GB) specialists who know the waste management industry and take the time to understand their customer’s company.


With the right finance in place, a business can be built to deal profitably with the business of building.



Mark Lockwood

Head of GB Asset Finance

Talk to Us

To speak with a bank that understands the waste management sector, simply call +44 (0)345 0343253 or visit your nearest Business Centre. 


† Lines open: 8am to 8pm Monday - Friday (except on bank holidays). Calls may be recorded. Call charges may vary - refer to your service provider.