Equipment Financing Partner for Your Long-Term Growth in 2025

Why choosing the right partner matters for growing your business.

By Heath Martell| Jan 21, 2025| 215 Views
3 MIN
Equipment Financing Partner for Your Long-Term Growth in 2025

Let’s face it – buying equipment is a big investment. It takes a lot of cash to get needed equipment into your hands. When having the right equipment is key to growing your company, things can be tough if you’re low on cash.

Saving up enough cash could cost you valuable time and opportunities. When you need equipment financing and want to conserve your cash flow, that's where a good financing partner comes in handy.

In this article, you’ll learn why choosing an expert, like Beacon Funding, is essential for your long-term success in 2025.

In this article…

  1. What is Equipment Financing?
  2. Why Choose Beacon Funding?
  3. The Benefits of Equipment Financing
  4. Flexible Financing Options
  5. Common Myths and Misconceptions

What is Equipment Financing?

Equipment financing is the process of a business borrowing money to buy needed equipment and machines. Instead of paying all at once, the business makes low monthly payments. This helps them conserve their cash flow for other important things while still getting the equipment they need.

Why Choose Beacon Funding?

Experience and Expertise

Beacon Funding has been a leader in equipment financing for over 35 years. Every year, they help many businesses by financing thousands of equipment purchases. They understand the special needs of different businesses because they have a lot of experience in specific markets.

Strong Reputation

Beacon Funding has helped businesses finance over $1 billion worth of equipment through more than thirty thousand transactions. With an A+ rating by the Better Business Bureau and a 4.3/5 rating on Google, their customers are very happy and often come back for more services because they find them quick and friendly.

The Benefits of Equipment Financing

Lease-to-Own and Buyout Options

Beacon Funding offers flexible ways to help businesses get equipment while saving money for other needs. With lease-to-own, you make monthly payments and at the end of the lease you get buyout options to purchase the equipment and keeping using it for your business.

Popular End-of-Your-Lease Buyout Options

$1 Buyout
  • The lessee pays the bank $1 at the conclusion of the lease term.
  • Ownership (or the title) is transferred from the bank to the lessee.
10% of Original Purchase Price
  • The lessee pays the bank 10% of the original purchase price of the equipment.
  • Ownership (or the title) is transferred from the bank to the lessee.
Fair Market Value (FMV)
  • The equipment is compared against the current market value of that equipment.
  • The lessee has the option to pay that amount to have the ownership (or the title) transferred or return the equipment.

Maintaining Liquidity

A benefit of equipment financing is it allows your business to conserve cash. With enough cash on hand, your business has enough liquidity for daily operation costs, emergencies, and even opportunities.

  • You don’t have to spend your hard-earned cash on one large purchase.
  • Get your equipment sooner for a low monthly payment.
  • Conserve your cash for when you need it the most.

Incremental Revenue

Equipment financing allows businesses to use their equipment to use it for earning revenue while making low monthly payments. This allows you to conserve your cash flow and allocate funds for other parts of your business you can’t finance like marketing, payroll, or other business expenses.

Flexible Financing Options

Deferred, Skip, and Step Programs

Beacon Funding's flexible financing plans, such as 100% financing and seasonal payment plans, are designed to align with your business cycles, offering greater flexibility and financial comfort.

A business owner holds a mobile phone with the message "Payment Deferred! Your equipment financing payment is successful!" flashing on their screen.

Equipment Upgrade Programs

Businesses can upgrade their equipment before the lease ends without altering their monthly payments, ensuring they always have access to the latest technology.

Common Myths and Misconceptions

Myth: You Need Perfect Credit

Beacon Funding considers various factors beyond credit scores, providing options for businesses with a wide range of credit profiles.

Myth: Start-Ups Don’t Get Approved

Beacon Funding is open to working with young businesses, evaluating additional factors to ensure start-ups have the opportunity to grow.

A concerned-looking young business owner looks at their laptop on their wooden desk as he considers whether to apply for equipment financing.

Transform Your Business with Beacon Funding

Choosing the right equipment financing partner is crucial for sustaining long-term growth. Beacon Funding stands out as a reliable partner with extensive experience, a strong reputation, and flexible financing options tailored to your business needs.

GET STARTED NOW

By working with Beacon Funding, you can get the equipment you need to grow your business, keep your cash available, and manage your risks well.

Heath Martell
Heath Martell

P: 312-837-0605 |  ESchedule a Meeting with Me

A University of Maine graduate, Heath Martell helps hundreds of towing companies realize their growth potential every year.



01/21/2025

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