Trade Finance Partners (TFP), the alternative financiers, has announced a £1mn trade finance facility in favour of UK-based Big Belly Bins Solar.

The waste management company uses solar power for 100% of its energy needs and can hold six to eight times more waste than most bins because of its compaction capability, according to a statement from TFP.

“TFP’s facility has allowed us to ease a cash flow squeeze between paying the supplier [in the US] and being paid by our end buyers,” says chairman at Big Belly, David Jackson. “We look forward to a long and successful partnership with TFP as we look to expand our business.”