LEASING AND FINANCE - BY SAMUEL McKEOWN CONTINUED FROM LAST PAGE
residual values on recycling equipment for off -balance sheet funding and investment in new recycling systems, which were at the time diffi cult to fi nance via traditional lending options.
Andy added: “Eventually, that scheme was superseded by the Regional Growth Fund, which encouraged investment in additional equipment. Close Brothers lent out £400million aided by the fund grants; helping over 2,000 companies, safeguarding 3,000 jobs and creating 6,000.
“We know from experience how to quantify the deprecation value of equipment through our expertise, supplier/auction contacts and customer database. If something goes wrong, we can help sell the equipment to someone else, helping the struggling customer get out of trouble and mitigate potential losses.”
With more SMEs buying equipment for their yards and thriving, Close Brothers can bring real benefi ts to smaller companies.
Andy said: “We lend on hire purchase so customers gain ownership at the end of an agreement. Instead of a company renting a machine for £600 a week, so long as they’ve got the confidence/work stream and provide a deposit (or offer other forms of security), they can buy that machine for the same amount each month over five years.”
www.closebrothers.com
Trigion’s thermal imaging solution can protect valuable scrap metal
WITH the value of scrap metal only heading in one direction recently, dealers are having to turn to ever more advanced security solutions to combat theft and break ins.
Security specialists Trigion are now providing high-tech solutions at a major Kent scrap yard, including the use of thermal cameras and a ‘virtual perimeter’ system.
On a site such as a scrap metal yard, there can be a lot of material on view and it is not always easy to determine exactly what is happening on a standard CCTV camera.
Thermal cameras make it clear where a heat source is and when it moves.
They can also display an electronic trail showing where movement has taken place; making detection much easier.
In addition, by setting a virtual perimeter on screen, specifi c areas can be monitored more closely, and an alarm triggered if someone enters it.
This perimeter can be altered remotely to meet changing situations, such as the arrival of a greater quantity of metal.
Neil Ricketts, Security & Technical Services Director at Trigion, said: “With scrap metal prices consistently rising over the past year or two, dealers are increasingly being targeted by unscrupulous elements intending to cash in.
“We work with our customers to design the best solution for their individual needs. We’re not tied to any supplier or manufacturer, so can ensure the customer gets what they really need.
“In the case of the scrapyard, the thermal
imaging gives a much clearer picture of the situation, and staff at our remote monitoring station can ensure the site is secure at all times.”
www.trigion.co.uk New report examines industry accident rates for sector
THE Environmental Services Association (ESA), a leader in the UK’s resource and waste management industry, have launched a new health and safety report looking into contrasting performance across the industry.
ESA’s Policy Advisor, Stephen Freeland said: “HSE’s injury statistics for the waste industry continue to make for rather sobering reading. What is perhaps less obvious from analysis of these statistics is the wide variation that exists within
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the waste industry, with some elements clearly performing better than others.
“ESA Members have achieved a signifi cant reduction in injuries over recent years and our injury rate now stands at 577 (per 100,000 employees), which is three times lower than the injury rate reported by HSE for the waste industry as a whole (1801).
ESA’s new health and safety report aims to bring this contrasting performance
• The Environmental Services Association (ESA) is the trade association
to the fore and off ers a number of recommendations to ensure resources are targeted, and best practice widely disseminated, to ensure that everyone in the industry is working to the same high standards. “
representing the UK’s resource and waste management industry, which is leading the transformation of how the UK’s waste is managed.
SHM March, 2018 47
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