Smooth operations for waste recycling business’ future
Able Waste
Located in Croydon, the waste recycling business offers same day skip hire, waste collection and waste processing. As well as collecting and processing waste from their own skips, they process waste for other businesses charged gate fees. In 2015 Able Waste developed a new processing plant allowing them to process 250 tonnes of waste per day, removing 90% of all recyclable waste.
Funding extended to Able Waste in 2019 allowed the business to install new equipment which eliminated blockages in their processing line and ultimately allowed them to process more waste, more efficiently. Through these improved efficiencies, the business has seen growth in both income levels and profit margins, enabling them to hire additional staff and further support their local economy.
The support from Santander has really helped the business develop over the years. Our CBILS funding was put in place quickly and will allow us to trade through this difficult period.
Ilir Berisha
Owner/Director, Able Waste
Recent CBILS funding has also been provided to bridge a period of much reduced income, allowing the management team to focus on running the business.
Having supported Ilir and Able Waste in 2019 we already had a great understanding of the business. In 2019 it was great to see the new equipment we funded in action and that it allowed Ilir to create new jobs for the local area. They have a great track record and have been growing and improving for a number of years, so being able to support them further via CBILS has been a pleasure.
Craig Carter
Business Relationship Director, Santander