FINANCING PROGRAMS
Start-Up Financing
Showing your worth to a banker or lender can be difficult when you don't have the years of experience or capital to back you up. At Beacon Funding, we look at details other funding sources don't consider, so your new business can hit the ground running. We can help get your business started with financing for boom trucks, tow trucks, septic pumper trucks, cranes, or even decorated apparel equipment. See how we can be a unique financing option for your start-up business.
WHAT WE CONSIDER FOR START-UP FINANCING
Personal Credit
Your personal pay history is a good indicator of your business' pay practices. Beacon finances a wider credit window with more than 7 out of 10 credit applications approved. So, you can still get approved even if your credit isn’t perfect.
Corporate Pay History
With a short time in business, it's still important for Beacon to see if you pay your business' bills in a consistent, timely fashion. Providing bank and trade references are also helpful. Beacon can pull this information in a flash.
Cash Flow
Your cash flow is the strongest indicator of your business' success. We know you work hard to keep the money coming in, so we recognize that as part of the approval process.
Value of Equipment
Beacon cares about more than age for the equipment you choose. We finance new and used for many markets. Our wide knowledge base is advantageous when it comes to credit approval and start-up financing options. We can offer 100% financing, pre-funding, sale-leaseback, extended terms, and private party sellers.
Transaction Size
Beacon looks at all aspects of the lease, not just the cost of the equipment, such as software, training, supplies, and other soft costs. The quicker you repay your finance agreement and the larger your down payment, the more competitive your monthly payment will be.
Financial Performance
Beacon rewards start-ups possessing strong financial performance with some of the industry's most competitive equipment financing options. Even businesses that have seen financial challenges can get help acquiring equipment to start gaining more profit.
BEACON FINANCES START-UPS WHEN OTHERS CAN'T
Each year, Beacon helps hundreds of start-ups and young businesses begin to establish their business credit. Our strong understanding of the niche markets we serve allows us to provide competitive equipment financing even when traditional bank loans aren't available. Ask one of our equipment financing experts how you can get started today with a Start-Up Business Plan.
BEACON'S GOT YOUR BACK, NEW BUSINESSES
As a new business, having the opportunity to expand is very important to you. Without financial backing, it may seem impossible to keep up with your industry. See how Beacon is different than the other guys.
THE INDUSTRIES WE SERVE
TOW TRUCK EQUIPMENT
Over 20 years of financing experience in the tow truck industry. From flatbeds to heavy rigs, we can help set you up.
EMBROIDERY EQUIPMENT
Whether you need a simple embroidery equipment loan or need us to get more creative, we make sure you get financed in as little as 24 hours.
BOOM TRUCK EQUIPMENT
Boom truck, bucket truck, utility truck, crane truck, cherry picker - whatever you call it, Beacon's got the financing for you.
SCREEN PRINTING EQUIPMENT
Our screen printing leasing and financing programs are designed to ensure you get the loan you need.
SEPTIC PUMPER TRUCKS
Finance the right septic pumper trucks for your business and improve the service provided to your customers.
BANKERS LEASING
By working with Bankers Leasing Group, you'll be able to offer high-quality, full-service leasing for your clients' equipment financing needs.
3400 Dundee Rd, Suite 180
Northbrook, IL 60062
Sales: 847.897.2499 Gen: 800.866.6396
Why Beacon Funding?
Founded in 1990, Beacon Funding is a leading financing company providing small-ticket equipment financing services to US businesses. Over the years, we've become a premier resource for financing business equipment with flexible payment programs.
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