Beacon Funding

Proud to be part of a culture consistently recognized as top-tier! Being declared a great place to work year after year isn't just a title— it's a testament to our incredible team and vibrant workplace. Check out our website: https://www.beaconfunding.com/towforce Stop by and see us at the Florida Tow Show this week. Booth#352

Attention Towers! Don't miss out on the biggest financing special of the year at the Florida Tow Show this April! Visit us at Booth #352 and discover how our exclusive financing solutions can revolutionize your fleet. Learn More- https://www.beaconfunding.com/financing-bundle

Attention Towers! Don't miss out on the biggest financing special of the year at the Florida Tow Show this April! Visit us at Booth #352 and discover how our exclusive financing solutions can revolutionize your fleet. Learn More- https://www.beaconfunding.com/financing-bundle

Couldn’t make it to this year’s American Towman Exposition in Baltimore? Don’t worry – we’ve got you covered. Our recap will catch you up on all the highlights and essential information you might have missed. Discover everything you need to know about the 2023 event! 2023 American Towman Exposition Recap The 2023 American Towman Exposition hit it out of the park at the Baltimore Convention Center! This year’s expo proved to be a resounding success, serving as a bustling hub for networking, spotlighting the latest towing equipment, and providing a wealth of resources for towing enthusiasts. This year’s expo was a testament to the towing community’s passion and dedication, and we’re thrilled to have been a part of the action. Networking Showcase The convention center came alive with the vibrant energy of towing professionals, all eager to forge connections with manufacturers, national dispatchers, and motor clubs. One standout feature was the golden opportunity for towers to engage with Transit Pros, renowned as America’s largest sub-hauling coordinator, offering a gateway to join a network of emergency roadside service providers. One not-to-miss moment involved towers getting the chance to meet both Beacon Funding and Transit Pros simultaneously. Attendees at the expo seized the opportunity to sit down and explore the benefits of becoming Transit Pros vendors. At the same time, conversations flowed freely as towers discussed how they could expand their fleet by securing financing for a tow truck with Beacon Funding and tap into the numerous benefits offered by the Transit Pros Advantage. It was a valuable exchange that opened doors to new opportunities and growth for towing businesses. Educational Opportunities One of the expo’s standout features was its commitment to education. The event offered a diverse range of resources, allowing towers to enhance their knowledge on various top-tier topics. From hands-on training for roadside assistance safety to business-focused sessions aimed at increasing towing profits, the expo catered to towers at every stage of their careers. People and Connections The expo provided a platform for meeting fascinating individuals within the industry. Notable encounters included Beacon Funding’s Stephanie Richards and Sandy Young crossing paths with TowTruckTech’s Chris Young, highlighting the diverse networking opportunities available. Wrecker Beauty Pageant The atmosphere at the expo brimmed with enthusiasm as wreckers from across the nation competed in the American Wrecker Pageant. The trucks were adorned with spectacular paintwork, mesmerizing lights, and meticulously crafted chrome wheels and components. Brian Dean, from C.A.R.S. Towing & Recovery, won third place in the light-duty division in the wrecker beauty pageant. We’re thrilled to share his well-deserved recognition and be part of his journey as we had the privilege of financing his truck for Brian! Congratulations, Brian! May you relish every moment behind the wheel of one of Chenango County’s most exceptional trucks. Giveaway Winners Adding excitement to the event, one lucky father and son towing enterprise won Beacon Funding’s exciting tow basket worth $300! Congratulations to G. Gambardella & Son from Yonkers, NY! David Gambardella and his son Pasquale celebrated at Beacon Funding’s booth. Allstate’s Training Session Allstate Safety and Technical Information Series was led by experts to help attendees expand their industry knowledge and help them grow their businesses. If you have questions on towing or tow truck financing, you might be interested in our additional resources, videos and email subscriptions. Subscribe to these resources here. Allstate Giveaway Adding an extra layer of excitement to the event, Beacon Funding sponsored the giveaways at the Allstate seminars. Attendees at the seminars were in for a treat as ten fortunate individuals walked away with Hi-Vis safety vests, a practical and valuable token for participating in the training sessions. These giveaways emphasized the critical importance of tow truck safety. As staunch supporters of the Slow Down, Move Over Movement, Beacon Funding aimed to underscore our commitment to fostering a safer environment for towing professionals across the nation. A heartfelt congratulations goes out to the Allstate Giveaway Winners: Joe Mitchell, owner of Mitchell’s Towing and Recovery in Roanoke, VA Debra Houchens, driver at Williams Garage Towing & Recovery in Barboursville, VA Robert Olson, president of Robert C. Olson Transport LLC in Burgaw, NC Richard Forstner, supervisor at CEI in Sparks Glencoe, MD Shon Richardson, owner of Richie’s Full Service & Roadside Assistance in Wilson, NC David Zenaro, mechanic at APR Towing & Recovery in Ware, MA Dedra Dickens, management at Richie’s Full Service & Roadside Assistance in Wilson, NC Jake Brian, driver at G-Vegas Towing & Recovery in Greenville, NC Sam Elder, mechanic at 64 Motor Cars in Middlesex, NJ The Allstate Giveaway Winners left with prizes and took home safety lessons supported by Beacon Funding's equipment financing expert, Stephanie Richards! Tow Truck Financing with Beacon Funding Since 1990, we’ve been helping companies of every size get the tow truck they need to grow their fleet and quickly rev up more revenue. We’ve financed over $1 billion in equipment, providing quality customer service to tow truck companies of every size. As an A+ rated Better Business Bureau lender, our experienced financing consultants can have you with a tow truck that’s right for you in no time. Apply for tow truck financing today and see why thousands of towing companies chose us to help them keep more cash in their hands and get the truck they need while earning revenue to grow their towing business. Never Miss Another Tradeshow Update Meet Financing Experts (Talk to someone with industry expertise) Latest Industry Tech (Learn about up-and-coming equipment trends) Visit Us & Win (Visit our booth and get entered to win prizes) SEE UPCOMING TRADESHOWS Keep yourself in the loop about upcoming financing specials and giveaways! You can keep yourself in the know about upcoming specials. SUBSCRIBE TO OUR NEWSLETTER

Introducing our brand-new 3-in-1 Equipment Financing Calculator.

There's a major misconception that financing is difficult, time-consuming, or buried in paperwork. That couldn't be further from the truth! Beacon Funding's financing process is fast and paper-free. See what we mean - CLICK HERE NOW!

Get Fast Approval for Your Tow Truck Financing Needs! Tow trucks help others in times of need. That's why you can't afford to waste time with lengthy approval processes when your vehicle breaks down or you need to add a new one. https://www.beaconfunding.com/towforce That's where we step in! We've perfected our fast approval process over three decades to minimize downtime and keep you on the road. You're one step closer to getting per-approved - https://www.beaconfunding.com/towforce https://www.beaconfunding.com/towforce

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It might be time if your business experiences any of these 4 signs. When your small business is on a growth streak, you feel all your hard work is paying off. Everything is moving in the right direction, and every day is an opportunity to find a new customer, discover ways to grow, and improve your bottom line. There is no doubt that adding equipment increases revenue potential - but when should you make your next move and how? Equipment financing can help you get equipment as soon as possible with a low monthly payment. If you're thinking about buying equipment, here are four ways your business is telling you it’s time to expand. Four Indicators It’s the Right Time to Add Equipment with Financing… You are declining opportunities due to lack of equipment or enough staff. Your business expanded into a new location or added more staff. You’re looking to enter a new market or tired of outsourcing. You can win new contracts by decreasing your turnaround time. Read More About the Four Indicators HERE:

Let’s face it – starting a new towing business isn’t easy. In the first few years, you’re up against overwhelming odds. It’s even harder to decide on which tow truck will bring a positive return on your investment. Finding the right one at the right price is a must if you want to haul home more profits and keep your costs low. How Much Does A Good Tow Truck Cost? Getting your hands on that new tow truck is a sweet milestone for your growing startup. If you’ve got the cash to spend, what can you expect to pay upfront? Prices For A New Flatbed Tow Truck Depending on the brand and model, a new flatbed tow truck can cost anywhere between $75,000 -$130,000. Financing your next tow truck can help break down that cost to help you acquire the same great truck sooner. Try the monthly payment calculator to see how low a monthly payment could be. Prices For A New Wrecker Whether you need a boom, wheel-lift, forks, or light bars, these trucks can range in price anywhere between $65,000 to $115,000. If your business is like most, keeping more cash in your business is key! Calculate a low monthly payment for a wrecker here. Why Lease Or Finance A Tow Truck? Even if you already own a tow truck, you will need to purchase another one eventually if a truck breaks down or you need more hauling power in your fleet. When that time arrives, equipment financing will help spread out the cost into manageable monthly payments. Growing your business is harder without enough cash on hand. After all, the #1 reason why businesses fail is lack of cash, so your decision on how to get your tow truck shouldn’t be taken lightly. Unlike cash purchases, equipment leasing allows you to acquire a tow truck while still conserving cash. You might need your savings for: Emergencies Payroll Saying yes to more opportunities Benefits of leasing your tow truck Using tow truck financing to acquire equipment comes with many advantages. A tow truck added today means saying yes to more customer calls, bringing in more revenue, and speeding up your business’s growth tomorrow. Not only can you conserve your cash for unexpected times, you’ll also be able to: Lower the upfront costs of your startup. Establish business credit while protecting your personal assets. Get a significant income tax write-off for acquiring a truck. How to Estimate Tow Truck Financing Payments Financial calculators make it easy to discover how affordable adding a truck to your business can be. Just enter the cost of the equipment and push "Calculate." The calculator will show you monthly payments based on the terms you’ve selected. You can finish any calculation without signing up. It couldn't be any simpler. See how much your tow truck's monthly leasing payment could be with Beacon's mobile app. Looking to Save On Equipment Costs? Try Opting For a Used Truck. Leasing a tow truck can be even more affordable if a used truck makes sense for you. Your business can still find a truck to handle your toughest jobs while saving on its cost. Leasing a used tow truck may allow your business to see profits sooner if you are willing to do a little searching. Here are some reliable resources to help you find a used tow truck: Used Equipment Network Tired of wasting time with online listings and classified? With Beacon Funding’s Used Equipment Network, you have access to thousands of commercial equipment providers just a phone call away. In this large network, you can immediately leverage thousands of connections already in the towing industry to quickly find the right used truck for you, including most-in-demand manufacturers, dealerships, and equipment vendors. With Beacon Funding communicating with over 1,500 businesses a day, searching for your dream tow truck is much easier with a financing consultant helping you get results. To find a truck, click here and fill out the inquiry form with details about the equipment you're looking for: Equip-Used.com Used tow trucks are becoming harder to come by, but with Equip-Used.com's commercial truck section you can easily find a used tow truck at reasonable prices. If you want to see a high return on your investment, this site is ready is to help you conquer the road by getting a tow truck for immediate use. They update their inventory on a weekly basis, offering a collection of flatbeds, wreckers, box trucks, trailers, and more! Finance Your Next Tow Truck with Beacon Funding Growing a young towing business isn’t for the faint of heart. Fortunately, you have options to make it easier. Since 1990, we’ve been helping tow truck companies of every size get the truck they need to quickly rev in revenue. We’ve financed over $1 billion in equipment, providing quality customer service to businesses of every size. As an A+ rated Better Business Bureau lender, our experienced financing consultants can have you with a tow truck that’s right for you in no time. Apply with us today and see why thousands of towing companies chose us to help them keep more cash in their hands, get the truck they need while earning revenue to grow their dream towing business.