Sometimes all it takes is the right opportunity -- and the right equipment -- to transform a small, local business into a thriving enterprise. For Pounds Towing, a family-owned towing and recovery business founded in 1990 and located in Smithfield, North Carolina, partnering with Beacon Funding provided exactly that kind of opportunity.
Owner Blake Pounds started out modestly about four years ago, initially running his business with a simple truck and trailer. At the time, Blake was also employed by the town of Smithfield, balancing his new business aspirations with steady work. Things took a promising turn when Blake stumbled upon an opportunity to buy a rollback truck -- a classic 1985 Chevrolet.
That decision turned out to be pivotal. "It got me my first two contracts," Blake recalls. Those initial contracts provided the foothold Blake needed to establish Pounds Towing firmly within the local market. However, as demand grew, Blake quickly realized he needed better equipment to maximize the opportunities coming his way.
Investing in Towing Expansion
Recognizing the limitations of his older truck, Blake began exploring options for securing a newer, more capable truck. That's when Beacon Funding came into the picture.
“[Beacon] made it easy to actually get the truck I wanted,” Blake says, “… regardless of how old it was, because they don't easily finance older equipment.”
Beacon Funding specializes in flexible financing solutions tailored specifically to small businesses and growing companies like Pounds Towing. Even when financing older equipment, which can often be challenging, Beacon Funding was able to step up and provide the support Blake needed. Their strong reputation and positive reviews won over Pounds Towing.
"Having people say good things about you on reviews, and everything, really helped choose to get the truck financed with Beacon," Blake points out.
More Tow Trucks Helps Service More Daily Calls
The new rollback truck didn't just expand capabilities for Pounds Towing—it significantly boosted the company's productivity and profitability.
"Business has increased probably about 85 to 90%," Blake shares, reflecting on the immediate impact of acquiring the newer vehicle. Before the upgrade, Blake was severely limited, often forced to turn down potential jobs because his older equipment could only handle towing one vehicle at a time.
The acquisition of the newer, larger rollback truck revolutionized how Pounds Towing could operate. Blake explains, "Having a new truck, it being bigger, I can handle bigger trucks and carry two at a time."
This shift has led to dramatic increases in the volume of calls Blake can successfully handle. "A couple of weeks ago, I was running about 15 to 20 calls a day," he says. "That's the most I've ever done in a day; it's usually about 30 to 40 calls a month. So, it's increased my business a whole lot."
Hands-On Customer Service Makes All the Difference
One of the standout features of Blake’s experience was the personal touch provided by Beacon Funding. The financing process can often feel daunting, particularly to small business owners who might find extensive paperwork or automated systems challenging.
Blake appreciated that Beacon Funding took a different approach. "Beacon makes it really easy," he emphasizes. "And I don't have to talk to a computer or fill out all these long questionnaires. I talked to someone, and they walk you through it every single time."
Blake highlighted how this hands-on, personalized service genuinely set Beacon apart from other financing providers he had considered. It wasn't just about the financing—it was about the support and understanding Beacon Funding provided every step of the way.
Positioned for Continued Success
Looking ahead, Pounds Towing is perfectly positioned to continue its upward trajectory, benefiting from improved operational capacity and the ability to meet increasingly diverse client demands. With solid community roots and reliable equipment, the future looks bright for Blake Pounds and his team.
Blake offers clear advice for other business owners seeking growth through equipment financing: "It's really having someone there that's dedicated to finding you a truck so you can do better."
Thanks to Beacon Funding and Blake's strategic vision, Pounds Towing isn't just doing better -- it's thriving.
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About Beacon Funding’s Success Spotlight Program
Thank you to Pounds Towing for participating in Beacon Funding's Success Spotlight program. The Success Spotlight program gives Beacon customers and partners a chance to shine with recognition of their equipment financing success. This is achieved through enhanced exposure and free nationwide publicity through Beacon's online channels. To learn more about the program click here.