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HOW EQUIPMENT FINANCING WITH BEACON FUNDING WORKS

Getting equipment financing can be a short, streamlined way to finance up to 100% of the value of tow trucks, boom trucks, trailers, embroidery machines, screen printing equipment, or any other type of equipment you need.

Overview
How to Apply
Benefits

WHAT IS EQUIPMENT FINANCING?

When you need new equipment for your business, getting equipment financing is a smart fiscal move. You can use these loans to purchase nearly any type of business equipment, but how much you can borrow depends on the type of equipment you’re buying and whether the equipment is new or used.

Most businesses can qualify for equipment financing. How much you qualify for - and the interest rate you’ll pay - depends on the value of the equipment, your business history, and credit rating.

How equipment financing works

Maximum Loan Amount

Up to 100% of equipment value

equipment financing term loan in months

Loan Term

36, 48, or 60 month terms

quick approval time equipment financing

Response Time

As fast as 24 hours

My consultant has been a terrific rep. He answers questions and is proactive in solving problems that pop up. I met my consultant at the ISS in Atlantic City show and before the week was out, he helped me purchase a Barudan embroidery machine quickly. That kind of effort is what has earned my loyalty.

Robert Desilets

Pro Style Graphics

My consultant is a 15 on a scale of 1 to 10, 10 being excellent. Always on top of things, quick, and of course thorough.

Teresa Lunsman

T L Enterprise

Beacon did everything they could to help us out in a very timely manner. Our consultant was especially helpful as this was our first foray into equipment financing. Everything was very clear upfront, no surprises at the end.

Derek Benjamin

B&B Automotive Service & Restorations, Inc.

HOW TO APPLY

1

Tell us about yourself

To begin, we need to know more about you and your company. Simply fill out our no-cost, no-commitment business application online to get the ball rolling.

It only takes 2 minutes to complete!


2

Speak with one of our experts

Within 24-48 hours, one of our expert financial consultants will contact you to discuss your equipment financing needs, and will answer any questions you may have.

3

Submit documentation for approval

Put it in writing by filling out the appropriate documentation we request. We'll be standing by to approve your deal and make it official.

4

You're approved

You should receive approval within 48 hours, and this is when we'll start designing your custom lease. At Beacon, we believe in flexible financing and want to provide you with a lease that fits your business situations. View Financing Programs>>

5

Make a profit

Upon acceptance of the financing agreement, we will issue a purchase order to the vendor. They'll ship the equipment to you or you can pick it up. Once the equipment is in your possession, your lease with Beacon Funding begins and you are on your way to expanding operations and taking your business to the next level. Now, start taking on more work and earn the revenue you deserve.

BENEFITS OF EQUIPMENT FINANCING

liquidity equipment financing loan

Liquidity

Conserve your cash for times when you need it most.

fixed payment equipment financing

Fixed Payment

Avoid the rising cost of money and lock in a low monthly payment.

section 179 tax advantages

Tax Advantages

Section 179 brings tax advantages with equipment financing not available with cash or a traditional bank loan.

challenging credit financing

Challenged Credit Accepted

We're the most competitive option for your new business to acquire equipment.

alternative bank borrowing

Conserve Bank Lines

Save bank borrowing options to support ongoing cash flow needs.


establish credit equipment financing

Establish Credit

By establishing credit with Beacon, it will be easier to acquire your next piece of equipment.

off balance sheet financing

Off-Balance-Sheet Financing

An operating lease allows you to acquire new equipment without leveraging your company's balance sheet.

no budget restrictions

Avoid Budget Restrictions

Acquire equipment today without being subject to this year's capital budget restrictions.

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Beacon Funding location

3400 Dundee Rd, Suite 180

Northbrook, IL 60062

Beacon Funding Phone

800.866.6396

Beacon Funding Email
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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.

Better Business Bureau Complaint Free A+ Rating Beacon Funding