HSBC Equipment Finance UK backs London waste removal firm

A west London waste removal company has invested in a new recycling line with the support of a six-figure package from HSBC Equipment Finance UK.

The new capability will increase Quick Skip Hire’s capacity for processing waste materials and recycling, with an investment in new machinery and six skip hire vehicles to form its new recycling line. The company predicts it will save 500 tonnes of waste a month from going to landfill.

The company states it’s committed to respecting the environment by recycling 90 per cent of waste it collects, in line with government targets to recycle 50 per cent of waste from households.

Gurpreet Kaur Malhi, director of Quick Skip Hire, said: “With London’s ambition of becoming a zero waste city, recycling waste is high on the agenda for achieving sustainability.

“The support from HSBC UK has been invaluable in allowing us improve our in-house waste management processes whilst expanding our business presence across London so that we can recycle more.”

Amit Tomar, senior commercial manager at HSBC UK, added: “We’re delighted to have been able to support Quick Skip Hire with its new recycling line. The new equipment allows more of the waste this ambitious business collects to be recycled as it expands its services across Western London.”

The deal follows Quick Skip Hire’s acquisition of Five Rivers Skip Hire last year, further strengthening its presence in London as an expert in waste recycling.