Computer Equipment Disposal – Recycle, Donate Or Do Nothing?

October 24th, 2009 by admin No comments »
computer40 Computer Equipment Disposal   Recycle, Donate Or Do Nothing?



For the last couple of decades, the rapid advances in computing technology have given rise to a corresponding problem of computers becoming quickly obsolete. These days, any computer that is more than 3 years old will be noticeably slower in its performance than a computer that has been manufactured in the last few months. It has therefore become a fact of life in the information age that computers need to be updated on a regular basis in order to utilize the latest software and communications applications. This in turn has led to the problem of what one should do with the rapidly growing stockpile of old computers and other electronic equipment. A company or individual really has one of 3 choices: 1. Do nothing; 2 Donate or; 3. Recycle. This article will discuss each of the options in turn.

Before looking closely at the issue of computer equipment recycling, it is worthwhile noting why it so important to do something rather than nothing. Latest studies on the subject have concluded that only around 10-15% of old computer equipment is being recycled. The equipment that isn’t being recycled is either being stored, gathering dust on the tops of cupboards or in garages, or even more perniciously is being disposed of in landfills.

Companies that are storing old computing equipment are entertaining a false economy. It is actually more expensive to continue to store old computers than it is to properly dispose of them – when you take into account the cost of storage space, the cost of securing old systems to comply with federal privacy laws and other associated administration costs. There are the also environmental concerns attached to the stockpiling of large quantities of obsolete computers. The systems can break down and leak hazardous materials into the air, soil and groundwater should they catch on fire or be subject to other natural disasters such as a floods.

The larger problem however, lies in disposing of this old computer equipment in a heedless fashion. Computer equipment that isn’t taken care of by an authorized computer recycler is most likely to end up in landfills and become toxic computer waste. A computer is made up of plastic, ferrous metals, non-ferrous metals (lead, cadmium, antimony, beryllium, chromium and mercury), electronic boards (gold, palladium, silver and platinum) and glass – in short, materials (many of which are toxic) which don’t break down naturally. A standard sized cathode ray tube (CRT) monitor contains more than two kilos of lead – the toxicity of which has been well known for centuries.

The best option when dealing with old computer equipment is to either donate it (computer hardware less than 5 years old can generally be donated) or to recycle it.

Individuals who are looking to recycle one or a few items of computer hardware will find that nearly all of the major computer manufacturers – Apple, Dell, Gateway, IBM, Lexmark, Hewlett Packard, Epson, NEC – are running some type of computer recycling program. These programs tend to involve the company taking back your old computer and disposing of it responsibly, at no extra cost to yourself, whenever you purchase a new computer from them.

For companies who are looking to dispose of large volumes of computer hardware (and other types of e-waste) they should really get in contact with an authorized computer recycler. The hallmark of the computer recycler’s business model is that of responsible destruction. They will salvage all useful computer parts before breaking down what’s left, safely removing all hazardous materials in the process. There will usually be a fee charged by these recyclers to accept old computer equipment (particularly when it comes to computer monitors) but the cost of disposal will be significantly less than the cost of not disposing of the computer hardware, both in terms of direct business costs and potential costs to the environment.


A Faster Way to Get Small Business Loans

October 24th, 2009 by admin No comments »
business7 A Faster Way to Get Small Business Loans



It is not easy for small businesses to get small business loans. Banks and other lenders require them to go through strict and complicated financial procedures with stringent requirements for qualification. After everything, credit approval is not even guaranteed.

Even the financing for loans supported by the Small Business Administration (SBA) cannot meet the needs of the majority of small businesses. Although the amount of credit available for small businesses has reportedly been increased by 25% since March this year, it is not that easy to avail of the said small business loans.

Small businesses seeking small business loans should know how to prepare the right kind of business plans that banks are looking for. To justify the loan, they should be able to show the banks in detail how they intend to use the money in business and how viable their plan is. Experts say lenders have specific points which they scrutinize applications for and applicants should know these points and tailor their submitted business plans accordingly.

It is also said that loan applicants should first establish a strong relationship with the lending bank in order to increase the possibility of having a loan approved. Banks supposedly give more small business loans to businesses they have already known and trusted long term. Since small businesses are usually new businesses, this is quite difficult to do and it cannot be done in a hurry. How can a new small business with financial needs establish a good long term relationship with a bank in time to meet its current needs?

Another requirement of lending institutions from small businesses applying for small business loans is a good credit history score.  A small business should first be deemed credit worthy by the bank before it can even be considered for loan approval. Again, small businesses that are stll young are at an immediate disadvantage here. How can they establish credit worthiness in time?

The US Congress has also placed Congressional restrictions on eligibility for the Small Business Administration loans. Small businesses first have to prove that they are at least two years old and are both struggling and viable at the same time. They should present proof that they have had a positive cash flow in one of those previous two years in business. They should, however, be currently struggling with “immediate financial hardship” with a decrease in income that should not be less than 20 percent. At the same time, they should submit their projections for cash flow for the next two years, proving that they will be able to meet loan payments.

A faster way to get small business loans would be through credit card services.

Any small business should have credit card services. Credit card services enable a company to accept customer payments for goods and services via credit cards or debit cards, whether over the counter in brick and mortar settings, through the phone or online. Credit card services provide the hardware and software for this.

Being able to accept payments through credit cards or debit cards can greatly enhance a small business’ income earning potentials. In addition to that, credit card services can provide the equivalent of small business loans with no need for any collateral. The amount of the small business loans are computed based on the average monthly income of the small business from credit card payments. The small business loans are then amortized through automatic monthly deductions of a certain percentage from the small business’ future credit card revenue. This means small businesses can almost automatically qualify for small business loans through credit card services, and will surely be able to pay such small business loans. Is there a faster way than this?