Taylor Asset Management Company (Tamco) has been launched with the aim of reducing the upfront capital cost of purchasing waste containers, the company explained. And, it said that it will also enable organisations – from private sector contractors to local authorities – to “match container spend with income or usage”.
The London-based firm has been created following an ‘exclusive partnership’ with Egbert Taylor Group. Containers available under Tamco’s rental business include Taylor’s Continental portfolio, Sellers’ range of skips, FELs, RELs and specialist containers, as well as Bigbelly’s solar powered self-compacting litterbins.
‘operational’
According to Tamco, the move enables waste containers to be approached as ‘operational’ rather than capital expenditure. And the company said, as a result, organisations will no longer need to tie up significant amounts of money in fleets of containers.
Tamco expects to help improve its customers’ cash flow management, provide direct access to high quality containers which, for many, have traditionally been cost prohibitive as outright purchases, and enable organisations to affordably scale their waste management requirements around organisational and contract growth.
On launching Tamco, company director, Richard Sanders said: “It is hard to escape the fact that waste containers represent a significant capital outlay and one that is often required at the start of a new contract, or in situations where container-related expenditure has not been allowed for.
Risk
“Tamco will now ensure that quality products are available using a more flexible rental approach, which will no doubt help our customers to become more agile in the process.”
Brendan Murphy
Egbert Taylor Group
“By redefining the traditional waste container supply model and enabling clients to rent containers, not only do organisations mitigate their risk but also release significant funds that can be invested elsewhere.”
Welcoming the new entrant to the market Brendan Murphy, CEO of Egbert Taylor Group, adds: “We fully support Tamco’s commitment to making high quality containers more accessible whilst providing organisations with the flexibility to scale their waste management fleet accordingly.
“High quality units, such as those manufactured by Taylor and Sellers, are widely recognised for being built to last. Tamco will now ensure that quality products are available using a more flexible rental approach, which will no doubt help our customers to become more agile in the process.”
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