The Ultimate Guide to Start-up Financing

Find the best financing fit for your start-up by checking out these resources.

By Aaron Rustebakke| Aug 11, 2022| 564 Views
3 MIN
The Ultimate Guide to Start-up Financing

In today’s competitive market it’s hard to find equipment and even harder to get approved if you’re a start-up.

Many lenders have barriers to getting approved, especially if you’ve been in business less than two years. Being turned down for funding when you need it to scale can be frustrating.

Beacon Funding specializes in start-up financing. Our friendly financing experts, industry experience, and wide credit criteria can help small businesses get the financing they need to grow.

What you will learn from these informative resources…

  1. How Does a Start-up Get Financing?
  2. 3 Reasons to Fund Your First Piece of Equipment
  3. [CASE STUDY] How to Get Your Start-up Approved for Equipment Financing
  4. Stressed About Your Start-up Not Getting Approved? We Know an Easier Way

How Does a Start-up Get Financing?

Getting approved for financing doesn’t have to be difficult with the right lender.

Many businesses struggle to kick-off their business goals simply because they lack enough funding. When it comes to finding the right financing deal for your equipment needs, Beacon Funding has a dedicated financing expert to help you.

While traditional lenders look at limited criteria which fits their structure, Beacon Funding offers a wide range of criteria to look at. Just some areas that consultants look at when evaluating start-ups are: 

  • Background
  • Industry experience
  • Asset they are choosing

SEE CRITERIA WE LOOK AT TO GET YOU APPROVED

3 Reasons to Fund Your First Piece of Equipment

Here are some ways Beacon Funding’s equipment financing can help your business:

  • Conserve cash
  • Tax savings
  • Getting equipment sooner to generate revenue

SEE 3 REASONS WHY FINANCING WITH BEACON BENEFITS YOU

[CASE STUDY] How to Get Your Start-up Approved for Equipment Financing

One of the ways Beacon Funding stands out from other lenders is their dedicated financing experts.

Beacon’s equipment financing experts can help start-ups and established businesses by giving customers the right financing option that meets their needs.

This case study provides insight into what Beacon Funding’s financing experts look at when trying to get customers approved. Just some areas that consultants look at when evaluating start-ups are: 

  • Background
  • Industry experience
  • Asset they are choosing

Learn more how Beacon’s financing experts build a financing plan around your unique needs in our case study.

LEARN MORE IN OUR START-UP FINANCING CASE STUDY

Stressed About Your Start-up Not Getting Approved? We Know an Easier Way

According to the U.S. Bureau of Labor, 20% of new businesses fail within the first two years of starting. 45% of them fail in the first five years.

That’s a lot of pressure, but with Beacon Funding’s start-up financing, you can rest assured you’ll get the needed capital to make your business thrive. Your chances of getting approved increase when you work with an equipment financing provider with a history of working with start-ups.

Beacon Funding specializes in working with start-ups by looking at the following qualifying factors:

  • Additional collateral
  • Co-signers
  • Industry experience
  • Cash down
  • A strong business plan 

Interested in learning more? See what steps you can do to mitigate the risk of going out of business by getting equipment and keeping your cash.

SEE WHAT BEACON FUNDING CAN OFFER YOUR START-UP

Aaron Rustebakke

Aaron Rustebakke

P: 847.849.5641 |  EContact Me

As a Sales Supervisor at Beacon Funding, Aaron works with businesses to help define their goals and craft the right flexible financing plans to meet their needs.



09/19/2022