Businesses that are producing waste materials in volume are often aware of the importance of balers. Balers are recycling equipment that can compact waste materials like cardboard & pallet wrap & turn them into commodities that can be purchased & cheaply transported by recycling companies.

As with all machinery, there are capital costs associated & this can be off-putting to businesses. Some businesses are not aware that they can rent balers. This can be a revelation because it enables them to make money from recycling materials without the capital outlay.

Below, we include a list of the benefits of renting a baler that our customers have provided to us.

No Capital Costs

When renting a baler, there are no capital costs, meaning that businesses to not have to make a significant capital outlay before they can capitalise on the returns that a baler can offer.

Maintenance Costs are Included

Balers are rented with service & maintenance costs included in them. This means that, regardless of what goes wrong, costs are predictable.

Cashflow

Cashflow is king. It’s important to any business to maintain positive cashflow & a rental agreement means that businesses can generate the returns from baling as they are hiring the baler. This ‘pay-as-you-go’ idea is more important to many businesses. It can be hard making the decision to spend thousands on a machine, especially if it hasn’t been budgeted for but this can mean not taking advantage of the rebates from recycled materials. A rental agreement means that businesses have the potential to positively cashflow form day one with their recycled materials.

Opportunity Cost

The opportunity cost of not having a baler is the loss in revenue from recycling materials. As we write, cardboard costs are over £100 per tonne & pallet wrap is commanding over £200 per tonne. To any business producing a volume of this material enables them to make the most of this opportunity cost.

Before renting our machinery we have had clients:

• Pay to have their materials sent to landfill
• Have their waste collected for free
• Burn their waste rather than pay to have it landfilled

In each of these cases, there is a cost in time or money that they cannot have recouped &, in the first two, recycling companies may be collecting their materials & recycling it themselves, taking the profits.

Baler rental enables businesses to not miss out & to generate revenues from their materials.

Better Rebates

Baling in general enables businesses to command rebates. With a baler comes the ability to compact waste in order to make it easy to transport (which increases its value) as well as the ability to segregate waste streams & to make them more attractive to recyclers who will pay more for them.

No Transportation or Installation Costs

When renting a baler, transportation & installation costs are included as part of the agreement. Again, it means no nasty surprises.

Easily Upgrade Your Equipment

Renting a baler means being able to upgrade your equipment at the end of the rental term. This can be attractive to businesses that do not want to be stuck with a piece of machinery that might be diminishing in value because it is not as effective or cost-effective as other machinery on the market.