Upgrading or adding tow trucks not only enhances their ability to fulfill customer demands but also plays a crucial role in driving business growth. Investing in tow trucks can be costly, so it's important to have a plan in place to finance them.
This guide will provide you with all the information you need to make informed decisions about financing your tow trucks. By leveraging these resources, you can set your towing business up for success in 2025 and beyond.
2025 Tow Truck Financing Guide: 8 Articles to Read Before You Buy
Buying your first tow truck is an exciting milestone for your towing business. However, it's essential to approach the purchase with caution and meticulous planning. This article offers valuable tips to consider before diving into the buying process, such as researching different truck models, evaluating financing options, and considering ongoing maintenance and fuel costs.
When it comes to expanding your towing business, investing in the right tow trucks to handle a variety of services and vehicle weight capacities is crucial. However, your budget will influence whether you pay cash, finance, or lease. This article breaks down the costs associated with leasing a tow truck and tools for calculating payments.
Are you asking yourself any of these questions? You’re not alone. Click to reveal all the answers to these frequently asked questions.
The tow truck financing process may seem complex, but it’s not if you work with the right lender. Beacon Funding’s process takes 5 minutes to apply and results in approval decisions in 24-hours. This guide walks you through the entire financing journey, ensuring you’re not met with any surprises.
Can your fleet keep up with modern vehicle trends? Between 2023 and 2024, electric vehicle purchases increased by 40%, highlighting the growing demand for specialized towing services. This surge underscores the importance of investing in tow trucks equipped to handle electric vehicles safely and efficiently. This article explores the unique challenges associated with towing electric vehicles and recommends specific tow truck models and equipment that are suitable for handling these vehicles safely.
Tow truck inventories are rising in 2025, making it a buyer's market for used trucks. So, how can you ensure you don’t overpay for a used truck? In this guide, we'll delve into the intricacies of evaluating a used tow truck purchase to ensure you're securing a reasonable price and acquiring a reliable asset that aligns with your needs and expectations.
A "lemon" refers to used tow truck with significant defects or mechanical issues, often undisclosed by the seller. What can you do to avoid purchasing a truck that has problems later? This article highlights common warning signs and red flags to avoid when shopping for used tow trucks.
As you turn to a used tow trucks for significant cost savings, it's crucial to carefully evaluate each potential vehicle before purchasing. Beacon Funding leveraged its years of experience financing used tow trucks to create a checklist. This article provides 11 essential tips to assess the quality of a used tow truck before you buy.
Tow Truck Financing Experts Since 1990
Beacon Funding has helped businesses finance over 29,000 transactions. Utilize our towing expertise to get the tow trucks you need to grow. We believe in small businesses and are committed to making quality tow trucks more affordable to help you grow and expand.