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Financing for start-up businesses can often be difficult, especially if the lender is unfamiliar with the industry or equipment that they are financing. Fortunately there are lenders that are comfortable funding credit worthy startups in the document destruction industry. The reason for this is quite simple: the failure rate is extremely low and the residual equipment value is extremely high, which mitigates the risk for the lender.

In most cases, start-ups are required to make a 20% down payment to the value of the equipment and the loan term is typically five years. In every case, the borrower has the ability to negotiate term, rate and conditions of the loan.


Shred-Tech® has partnered with a leading independent financial services company, Peoples United Equipment Corp., f⁄k⁄a Financial Federal Credit, Inc., to deliver prompt, knowledgeable and flexible solutions for your equipment financing needs.

Peoples United Equipment Finance Corp. offers:

Contact J.D. Magness (office: 804-758-2359 or cell: 804-694-6183) for your personal consultation. J.D. has advised and provided financing for shredding equipment nationwide and is ready to help you today.


Intek Leasing provides leasing and financing for trucks and equipment. Specializing in truck leasing for recycling⁄shredding equipment, office equipment, and more.