Partner Article

Swinton-based Fresh Start Waste Services secures £350k RBS funding

The Royal Bank of Scotland (RBS) has provided loan facilities worth £350k to help Fresh Start Waste Services secure additional premises adjacent to its current location in Swinton.

The new premises will enhance the company’s recycling operation and create further jobs. Fresh Start was established in 2006 and has increased their headcount to 70 employees since then.

Fresh Start collect and recycle paper, cardboard, tins, cans, glass and food waste from commercial and industrial businesses.

They have reported a 48% increase on their annual turnover and are aiming to achieve £10m of sales in the next financial year.

This will be as a result of increased capacity to take on new clients, combined with a new recycling facility in Preston – this site will create seven jobs and will be fully operational in early May.

Managing director of Fresh Start Waste Services, Craig Lavelle, said, “I have 35 years in the waste services industry and still share enormous passion to expand the business.

“There is huge demand for our services and we are creating further capacity to deal with new and existing contracts and extending our geographical reach across the county.

“Since we have banked with RBS they have supported us at each phase of expansion and provided us with the confidence to forge ahead and meet our ambitious targets over the next year.”

Senior relationship manager at RBS, Andy Matley, said, “This latest deal with Fresh Start augments our reputation as a local bank supporting SME businesses.

“Craig and I have a close working relationship and by being kept informed of what the management team is looking to achieve, I am well equipped to source the funding to support their continued expansion.”

This was posted in Bdaily's Members' News section by Sophia Taha .