Asset Finance Information

HSE Regulations: Mild Steel Welding

From February 2019 the Health and Safety Executive announced a change in regulation on how to extract steel welding fumes and worker safety guidelines.

This is due to scientific evidence published by the International Agency for Research on Cancer, which has found exposure to steel welding fumes can cause lung cancer and possibly kidney cancer.

Health & Safety Executive Logo 

What does this mean for your business?

If your day-to-day business involves steel welding, you will need to take appropriate action in order to comply with Local Exhaust Ventilation regulations to ensure the safety of yourself and your employees. This regulation still applies if you are welding outdoors or the welding is for a short period. This is because there is no known level of safe exposure to the carcinogenic fumes produced.

It is extremely important to purchase the right type of LEV equipment and make sure it is installed correctly, otherwise, you may not be compliant. For further information please visit HSE's LEV information for employers guide which includes details on the changes and a glossary of terms.

What does this mean for your employees?

If your staff are directly involved with welding it may be beneficial to get their input on the design or selection of your LEV equipment. Once this is in place, they will need appropriate training on how the equipment works and how best to use it. They may also want to read the HSE's LEV information for employees/users.

How can Reality Finance help?

The associated cost of the LEV design, equipment, installation, and training will be a substantial commitment for some businesses and more than what the current working capital may allow. This is where Reality Finance can help.

By speaking with you and learning about your business, we can tailor-make a payment plan which will cover all costs to suit your business and cash flow needs.

We understand that this is a necessary requirement that affects your business immediately. We can typically obtain same-day approval for up to £100,000, which means you can ensure your business is compliant with regulations without breaking the bank.

To discuss your business' individual requirements, please fill in our call me back form and one of our team members will be in touch.

Why Reality Finance?

  • No upfront costs
  • 5-star service rating
  • Same-day credit approvals*
  • Variety of funding options available
  • No minimum turnovers
  • Available terms: 3 months to 5 years

* At Reality Finance, we can get same-day approval for Business Assets under £100,000.   

 

We can finance any manufacturing and production equipment for your business.

 

Latest posts
Blog Thumb

Access Finance Options – Can Reality Finance Help?

As an Access employee, you are looking at various ways you can continue to support your customers in these troubling times.  


30 March, 2020

Blog Thumb

The role that Leasing plays in a successful IT strategy

Leasing hardware can play a big role in implementing software effectively. These are some of the ways that leasing contributes to the success of an IT strategy.


3 February, 2020

Blog Thumb

Fit Out Finance

Get your projects off the ground sooner...


20 January, 2020

Blog Thumb

Financing the Weird and Wonderful

From potato chippers to cloud-based software, we can fund pretty much any type of business asset. 


12 December, 2019