Skip hire firm embarks on eco drive following £800k green asset funding
A Cumbria skip hire and waste management business is set to embark on an investment programme after securing almost £800,000 in green asset funding.
JJC Hire clinched a deal with Lombard Asset Finance to buy a 723kw Solar Panels system.
The company’s main banking is with RBS, and RBS’s bank manager collaborated with Lombard to approve the credit loan, and ultimately secured the significant funding deal.
Founded in 2010 by David Armer, who remains at the helm, JJC Hire has evolved from a team of five staff and two wagons, to a 65-strong team and a fleet of 50 specialist vehicles.
The firm’s operations are conducted from its waste transfer station, which serves to streamline and modernise waste management practices.
With Lombard’s recent backing, JJC is poised for the next phase of its sustainability practises, solar energy. The installation of new solar panels will allow the company to self-sufficiently power its waste transfer station and further offset its carbon footprint.
Throughout its growth the firm has retained its environmentally-friendly values and now recycles 97% of all waste it collects, translating to more than 121,000 tonnes of waste recycled this year to date.
David Armer said: “We are so pleased to be able to say that we are taking the next steps towards carbon neutrality. I am so proud of the team around me and what we have managed to build here at JJC. I’ve been in waste management my whole life and to build this company from the ground up, while never compromising on our environmental goals, is a great feeling.”
He added: “To aid our sustainability mission, we recently installed low-carbon-producing, biomass boilers at our head office in Barrow-in-Furness to reduce our use of fossil fuels. Now, with these solar panels we can truly see ourselves as industry leaders, not only in waste management but in environmental awareness and this is in huge parts thanks to the funding of Lombard.”
Immi Patel, Senior Relationship Manager at RBS, said: “I am thrilled to have helped support JJC Hire in their next steps towards carbon neutrality. The company’s vision aligns with RBS’s purpose-led approach to banking with visions of tackling climate change and helping businesses with the transition to a low carbon economy.”
Hussain Khattak, Senior Relationship Manager at Lombard, said: “At Lombard, we are committed to helping enterprises in their sustainability ventures, and JJC Hire continually lead by example when it comes to adopting responsible environmental habits.”
