This is a picture of my cheap bandsaw,bought many years ago. It came with a Micky Mouse stand and wheels,which I got rid of at once.It is now mounted on a box tubing stand fitted with good wheels [ex Supermarket cart ] The top tray is a piece of Ali sheet notched at the corners and bent up [clamped between two pieces of angle iron,no folder to hand ] the corners are just sealed with mastic. The tank you see on the lower shelf is an old saucepan,clamped in place.
A plastic tube carries fluid from the top tray via a piece of mesh sheeting fitted to a simple flange fitting [home made ],and feeds into the saucepan. To the base of the pot,a simple plumbing fitting is fitted which allows a short piece of pipe to project into the pot [to prevent the waste from finding it,s way into the pump ] The washing machine pump is connected directly to the bottom end of the plumbing fitting. From pump outlet,a plastic tube comes up the frame of the saw and is fixed to the frame so that it can be adjusted to direct the flow.A valve ,from an old gas lamp is fitted to adjust the flow.
Washing machine pumps will not pump from a low to a high level right away,they need to be fed from overhead,as here,and thus they never run dry. I have been using this system for the past 10 years [same pump ] and it has never given any bother and the blades last longer.
Try it !!