ApideckTape
← Embedded Finance Index 2026

Rochester Iron and Metal

“Can a regional scrap metal processor use supply chain finance tools to preserve supplier relationships and sustain operations amid increasingly extended steel-mill payment terms?”

Founded1995
HQRochester, Indiana, USA
IndustryVertical SaaS / Recycling & Scrap Metal
The story

Founded in 1995 as a regional scrap metal processor in North Central Indiana, Rochester Iron & Metal grew to serve both individual and industrial clients over five decades. Cash-flow pressures from extended steel-mill payment terms (up to 90 days) led the company to adopt supply chain finance solutions — first as a participant in a customer's LSQ SCF program and then as a buyer launching its own LSQ FastTrack® program in 2022. The company subsequently engaged eCapital for additional working capital financing. In August 2025, the business was acquired by Lewis Salvage and rebranded as Lewis Salvage Shred Services.

Last 12 months
2025-08
Product timeline
1995
Rochester Iron & Metal founded as a full-service metal recycling and processing center in Rochester, Indiana.· pivot
2022
Rochester Iron & Metal selected LSQ as its supply chain finance (SCF) solution provider, enabling suppliers to access early payment via LSQ FastTrack®.· lending
2024
Completed transition of Logansport and Kokomo locations to Paul's Auto Yard, consolidating scrap metal operations.· pivot
2024
Filed lawsuit against Allied World Specialty Insurance Company for breach of contract in Indiana Southern District Court.· other
2025
Rochester Iron & Metal acquired by Lewis Salvage; rebranded as Lewis Salvage Shred Services.· acquisition
The stack
1 layer disclosed in Rochester Iron and Metal’s embedded-finance stack
Lending
EcapitalSupply chain finance (FastTrack® SCF program via LSQ)Working capital / liquidity financing via eCapital
Accounting gap: none

Rochester Iron and Metal — frequently asked

Who provides Rochester Iron and Metal's lending?

Rochester Iron and Metal's lending and capital products are provided by Ecapital.

Where is Rochester Iron and Metal headquartered?

Rochester Iron and Metal is founded in 1995 and headquartered in Rochester, Indiana, USA.

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against Rochester Iron and Metal and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to Rochester Iron and Metal and the other companies in its category.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.