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According to industry research document destruction and shredding services are becoming an everyday part of business in almost every industry – this is due in large part to the constantly rising liability from identity theft. The potential liability from identity theft is just too substantial for a business or government entity to disregard.
In 1988, the United States Supreme Court ruled that trash picking is legal (dumpster diving). Once trash is placed outside, it is public domain, with no exception of privacy or ownership. This means that any information your company has not shredded is open to the public. Your company can be held liable for any repercussions resulting in failure to properly dispose of sensitive data.
Interesting facts from The Risk Management Series presented by the National Association for Information Destruction:
- Every business has information that requires destruction
- Stored records should be destroyed on a regular schedule
- Incidental business records discarded on a daily basis should be protected
- Recycling is not an adequate alternative for information destruction
- A Certificate Of Destruction does not relieve a company from its obligation to keep information confidential
- Most records storage companies do not have the equipment to provide shredding services
- Internal personnel should not be responsible to destroy certain information
- Information protection is a vital issue to senior management
First Star Capital routinely finances document destruction equipment and leases shredding units (equipment leases for mobile shred trucks and equipment loans for fixed stationary shredding units) for professional firms, educational institutions, city – county and state municipalities, high tech companies and growing businesses nationally. We have funded equipment purchases from some of the top manufacturers and local distributors / equipment dealers in the shredding and document destruction industry. We have provided competitive document destruction equipment leasing for equipment purchases such as mobile shred units, shred trucks, document shredders, balers, compactors, sorting systems and waste paper processing systems for businesses across the country.
This industry experience makes our document destruction equipment finance programs and our shredding equipment leasing programs comprehensive, our terms flexible, and our rates competitive. First Star Capital is regularly chosen as the preferred source forshredding and document destruction equipment financing for small to medium sized businesses nationwide.
Our clients are local, regional, and national professional firms that are seeking increased efficiencies and protection from undue liability that might arise from not having a thorough and comprehensive document destruction / document shredding program in place. First Star Capital has the ability to service shredding equipment and document destruction equipment finance needs large and small and do so with an absence of the bureaucratic red tape that has become commonplace in the banking and finance industries. This refreshing change of pace is what makes our new clients become our old clients.
By using First Star Capital for shredding equipment and document destruction equipment financing your company will stabilize cash flow and increase working capital while preserving lines of credit. Shredding equipment financing and document destruction equipment leasing through First Star Capital can also provide substantial tax benefits and line item deductions which will reduce year end tax liabilities.
First Star Capital is currently offering our most competitive shredding equipment and document destruction equipment finance programs for the following types of shredding equipment / document destruction equipment:
- Mobile Shredding units
- Shredding trucks
- Industrial document shredders
- Office document shredders
- Balers
- Grinders
- Conveyors
- Sorting systems
- Forklifts
- Compactors
- Waste paper processing
This special shredding / document destruction equipment finance program is available to professional service firms in all 50 states including but not limited to:
- Financial Institutions
- Insurance Companies
- Automotive Industries
- Market Research Facilities
- Legal Firms
- State Government Facilities
- Healthcare Facilities
- Payroll Processing companies
- Employee leasing companies
Please Note: It is quite common for us to finance equipment together with traditional office equipment such as computers, software, phone systems, furniture and vehicles. Our equipment finance offerings are broad in scope and comprehensive in nature. |