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Tyre Shredder Finance

Spread the cost of a tyre recycling shredder from £80,000 to £600,000 with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a tyre shredder?

Yes, tyre shredders are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £80,000 to £600,000, and most deals are written over 36–84 months with a deposit of around 15–25%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

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Typical Cost

£80k – £600k

Approval Speed

24–48 hours

Subject to full underwriting for larger tickets

Rates From

5.3% APR

What would a tyre shredder cost per month?

£220,000
10%
60 months
9%
£0

Your estimate

Indicative only. Not a quote and not an offer of finance.

Pre-filled with a typical tyre shredder price. Indicative only, not a quote.

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Finance options

Hire Purchase (HP)

Rate
From 5.8% APR
Term
36–84 months
Deposit
15–25%
Ownership
Yours at the end
Best for
Processors wanting to own the line outright

Finance Lease

Rate
From 5.3% APR
Term
36–84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax efficient; claim payments against profit

Operating Lease

Rate
From 6.1% APR
Term
48–72 months
Deposit
None required
Ownership
Return at end
Best for
Suits sites refreshing throughput capacity on a cycle

Representative example

On a purchase price of £220,000: a 10% deposit of £22,000, then 48 monthly payments of £4,641 at 5.9% APR representative (fixed). Total amount payable £244,768, including the deposit. The rate you are offered depends on your business and the asset.

What buyers actually specify

Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.

Machine or specification Guide price Type
Eldan Twin Shaft Clean-Cut Shredder £90,000 – £180,000 Primary Twin Shaft Shredder
Eldan Tyre Shredder A-Plant (Primary) £150,000 – £280,000 Primary Tyre Shredder Plant
Eldan Tyre Chip Plant B-Plant (Secondary) £220,000 – £400,000 Secondary Tyre Chip Plant

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Tax benefits

A tyre shredder generally qualifies as plant and machinery for capital allowances, so a business can typically set some or all of the cost against taxable profits through the Annual Investment Allowance or other first-year reliefs, subject to your total qualifying spend for the year. Confirm current treatment with your accountant before finalising the finance structure.

Market context

Tyre recycling specialists and waste tyre collection and processing businesses are the main buyers, producing shredded material for tyre-derived fuel, crumb rubber feedstock or further downstream processing. A primary shredder turns whole tyres into coarse shreds, while a secondary chip plant reduces those shreds further and separates out the steel wire content, and how thoroughly the wire is removed determines which downstream markets a batch of output can be sold into. Eldan is a specialist manufacturer of tyre recycling equipment active in this sector. Waste tyre processing sites operate under environmental permits given the classification of end-of-life tyres as waste, which is separate from the equipment purchase. Replacement is generally driven by blade wear from continuous abrasive cutting and demand for finer, more thoroughly cleaned output.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Checking your options here does not affect your credit score, because we do not run a credit search to match you. A lender will run their own checks only if you decide to apply.

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Frequently asked questions

What is the difference between primary and secondary tyre shredding?
Primary shredding turns whole tyres into coarser shreds as a first processing step, while secondary shredding, sometimes called chipping, reduces those shreds further into smaller, more consistent pieces and separates out more of the embedded steel wire. Whether you need one stage or both depends on what specification your buyer requires and whether you are selling shred as an intermediate product or a finished output.
Why does steel wire removal matter for the output market?
How thoroughly steel wire is separated from the rubber shred determines which downstream buyers will take the material, since some end uses such as tyre-derived fuel tolerate more residual wire than others that need a cleaner rubber output. This is a specification and market-fit question rather than a simple quality measure, so it is worth confirming what your intended buyers require before choosing equipment.
Do I need a permit to run a tyre shredding operation?
Yes, waste tyre processing sites operate under environmental permitting given the classification of end-of-life tyres as waste, and this governs storage, processing volumes and site requirements separate from the equipment itself. Check current permitting requirements with the relevant regulator before committing to a specific scale of operation.
Should I finance a single shredder or a full processing line?
This depends on your business model. A single primary shredder can produce a saleable coarse shred product on its own, while a full line combining primary and secondary stages produces a more refined, higher-value output but represents a significantly larger investment. Many operators start with a primary shredder and add secondary chipping capacity as volumes and buyer requirements justify it.
How quickly can I get tyre shredder finance?
Most applications are approved within 24 to 48 hours once a supplier quote and recent accounts are available. Because this is typically a larger ticket, lenders will usually want fuller trading history and accounts for higher-value systems, so it is worth having these ready when you apply.

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