Northbrook, IL, March 16, 2010 —In 1990, Sam Oliva, founded Beacon in an effort to fill a void he saw in the equipment financing marketplace. Commenting on the company’s origins, Oliva said, “My goal was to provide small businesses, struggling to secure traditional financing, capital to acquire the equipment they needed to grow and prosper.” Twenty years later, Beacon's original focus remains unchanged; provide equipment financing programs to the business clients of its industry-leading equipment vendor partners and commercial bank partners.
Over the years, Beacon Funding has provided hundreds of millions of dollars in equipment financing to tens of thousands of businesses throughout the United States and North America. Because of Beacon’s outstanding reputation in the markets it serves, nearly one-third of ongoing business is with repeat clients.
“I am pleased with the progress our business has made. By concentrating on the niche markets we serve, Beacon has been successful in differentiating itself by building strong relationships while avoiding some of the troubles experienced by many other general lenders in our current recession. We would not be starting our third decade in business if it were not for the support of all our business clients and valued referral partners. Now is a great time to say thank you and commit to excellence in support and service for the next twenty years,” said Oliva.
ABOUT BEACON FUNDING CORPORATION
For 26 years, Beacon Funding Corporation has been providing equipment financing solutions to all types of organizations and businesses throughout a variety of industries in the United States. Beacon Funding focuses on being a specialist in the select markets it serves. As a result, Beacon differentiates itself by offering start-up and existing business clients a wider range of equipment leasing and financing options. For more information, please visit www.beaconfunding.com.