Northbrook, IL, July 25, 2013 —Beacon Funding has enhanced its Working Capital Loan program, broadening its financing capabilities to meet an increased demand from its growing client base.
Beacon’s Working Capital Loan program is designed to meet the needs of businesses that could benefit from immediate cash, in addition to traditional equipment upgrades and investments.
“Beacon Funding’s primary goal is to help businesses grow. Working Capital is a great alternative for business that may be ineligible for traditional bank loans,” says Toby McDonough, vice president of sales and marketing for Beacon Funding.
Working Capital offers quick access to funds for businesses during times when cash flow is low. “Companies who experience changes in growth, seasonality, unexpected expenses or the launch of a new product are ones who typically benefit from our Working Capital Loan,” says Mr. McDonough.
Working Capital from Beacon Funding may be used for a variety of business needs, such as equipment repairs and accessories, purchasing inventory or supplies, renovations and payroll.
Start-up businesses struggling to build business credit, businesses without a banking relationship, as well as established businesses with a variety of financing options may benefit from the program. Whether the cash need is as low as $10,000 or as high as $250,000, the Working Capital Loan can be a great solution for enhancing cash flow in a timely fashion.
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ABOUT BEACON FUNDING CORPORATION
For 26 years, Beacon Funding Corporation has been providing equipment financing solutions to all types of organizations and businesses throughout a variety of industries in the United States. Beacon Funding focuses on being a specialist in the select markets it serves. As a result, Beacon differentiates itself by offering start-up and existing business clients a wider range of equipment leasing and financing options. For more information, please visit www.beaconfunding.com.