Construction Recycling Alliance has brought together a select number of specialist finance providers to beat the lending block that has stifled capital investment since the credit crunch.

The CRA Finance Initiative is available to any company considering purchasing new or used recycling equipment.

Users of the initiative will also be entitled to a 50% reduction on CRA membership fees, subject to qualification.

CRA Director David Barnes said: “As a result of the ongoing recession which has acutely affected the construction sector, those seeking recycling equipment finance from some traditional providers are still being refused credit or offered punitive terms even though the construction recycling sector remains resilient.

“The CRA’s Finance Initiative aims to redress this imbalance and offer a viable alternative to the mainstream service providers.”