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Crestmark, US Equity Funding Expand Lease Financing Relationship with BioHiTech

July 22, 2020, 07:00 AM
Filed Under: Program Agreements

BioHiTech Global, Inc., a technology and services company that provides cost-effective and sustainable waste management solutions, announced it has expanded its financing relationship with Crestmark, a division of MetaBank, N.A., and US Equity Funding, to begin offering equipment lease financing for the Altapure AP-4 high-level disinfecting system.

The lease financing through Crestmark and US Equity Funding will make the implementation of this technology more affordable to potential customers in the markets BioHiTech services including healthcare, hospitality, and education. Financing will only be offered for customer contract applications that receive business credit approval from either leasing company. Crestmark and US Equity Funding currently offer BioHiTech customers lease financing options for approved Revolution Series Digester rental contract applications.

"We are excited to expand our relationship with Crestmark and US Equity Funding for our new disinfecting distribution business," stated Frank E. Celli, CEO of BioHiTech Global. "We believe this technology is the most effective solution for achieving high-level disinfection of areas such as infirmaries, guest or patient rooms, classrooms, and small common spaces as part of any post-COVID safety protocol. And now, with this equipment lease financing in place, it can be a much more affordable option for helping businesses maintain a healthy and safe environment for their employees and customers."

John C. McBride, Senior Vice President of US Equity Funding, stated, "We look forward to helping BioHiTech expand its business in this important area. COVID-19 has had a severe impact on economic activity in this country and we are happy to use our collective expertise to facilitate prompt, transparent financing to help organizations address the new safety and health issues resulting from this pandemic as they get back to business."







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