ILLUSTRATION INFOGRAPHIC
Learn About Our Financing Process [6 Easy Steps]
Lorem ipsum dolor sit amet, consectetur
Discover below how our process helps clients build business opportunities and long-term success.
Step 1: Application
No-cost, no-commitment! Applying is easy.
Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl.
Startup Questionnaire
Wait for a Call
Application Paperwork
Title here
Title here
Lorem ipsum dolor sit amet
Step 3: Receive Approval
After you’ve completed the application, expect a call from one of our financing experts. Talking with you is crucial to our process. Click the + buttons to learn about what you and your Financing Expert will discuss!
Step 2: We Discuss Goals & Expectations
+ info
5K
2K
Title here
Title here
Step 3: Submit Credit Package for Approval
Lorem ipsum dolor sit amet
Your consultant with gather your credit information and send it for approval. The approval process may differ depending on the lender’s procedures. You don’t necessarily have to meet all these criteria listed to the right, but having strengths in these areas improves your chances of approval. You can expect a response within 24-48 hours after we submit your credit package.
Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl.
+ info
Step 4: Approval Letter
When approved, a reputable lender will provide you with a formal written approval letter. What is due will vary depending on your approval. This document should include:
Length of the term (payback period).
Monthly payment details.
Any insurance requirements.
Upfront Money
The approved financing amount.
Info about any personal guarantor.
Any purchase options available.
Before proceeding, it’s essential to check if any of these details are missing from your approval letter. Once you’re comfortable and ready to move forward with financing, sign and return your approval letter along with your documentation fee to kickstart the documentation process (the next step!).
You’ll enter a contract to finance your equipment at this stage. An administrator will call you to guide you through this process. We keep it easy with electronic documents through DocuSign. We issue a purchase order to the equipment seller after receiving the following from you:
Step 5: Documentation
Signed Agreement Docs
Proof of Insurance
Inital Cash
Step 6: Delivery & Acceptance
Proceed with Acceptance
Arrange Equipment Delivery/Pickup:
Verbal Acceptance
Expect Invoice
+ info
+ info
+ info
+ info
ONGOING SUPPORT
All 6 steps of Beacon Funding's Financing Process is now complete! Once you enter the repayment phase of your contract, we offer:
Continued Support Throughout the Term of the Contract Dedicated Specialists to Assist with Your Financing Business Needs
Monthly Contact from One of Our Equipment Financing Representatives
APPLY TODAY
3400 Dundee Rd, Suite 180, Northbrook, IL 60062
Wait for Call
After completing the application, a knowledgeable consultant will contact you the same day. Time to get started with your financing journey!
Application Paperwork
Complete our short application in just a few minutes! You can do it on our website at www.beaconfunding.com/apply, through our mobile app, via email, or even over the phone. The application will ask for some of your business, personal, and equipment details.
You’ll receive your initial invoice 30 days later.
Upon equipment delivery or pickup, remember to Inspect the piece of equipment. Check if it matches what you ordered and if it’s working correctly.
Startup Questionnaire
If you’re a startup, you might need to fill out our Startup Questionnaire. This form helps you share important business details and your strategy for business growth.
After completing the documentation process, we’ll inform you when it’s okay to proceed with acceptance. It’s like when your mortgage company gives you the “clear to close” signal if you’ve been through that process.
Got an idea?
Let the communication flow!
With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.
- Generate experiences with your content.
- It’s got the Wow effect. Very Wow.
- Make sure your audience remembers the message.
Got an idea?
Let the communication flow!
With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.
- Generate experiences with your content.
- It’s got the Wow effect. Very Wow.
- Make sure your audience remembers the message.
If you’re satisfied with the equipment and it meets your expectations, provide your ‘verbal acceptance’ to your Financing Consultant over the phone. This signals us to pay the seller, and it’s time for you to put your new equipment to work and start generating revenue for your business!
VERTICAL INFO ILLUSTRATION CORP
Kelsey Maton
Created on September 21, 2023
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Transcript
ILLUSTRATION INFOGRAPHIC
Learn About Our Financing Process [6 Easy Steps]
Lorem ipsum dolor sit amet, consectetur
Discover below how our process helps clients build business opportunities and long-term success.
Step 1: Application
No-cost, no-commitment! Applying is easy.
Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl.
Startup Questionnaire
Wait for a Call
Application Paperwork
Title here
Title here
Lorem ipsum dolor sit amet
Step 3: Receive Approval
After you’ve completed the application, expect a call from one of our financing experts. Talking with you is crucial to our process. Click the + buttons to learn about what you and your Financing Expert will discuss!
Step 2: We Discuss Goals & Expectations
+ info
5K
2K
Title here
Title here
Step 3: Submit Credit Package for Approval
Lorem ipsum dolor sit amet
Your consultant with gather your credit information and send it for approval. The approval process may differ depending on the lender’s procedures. You don’t necessarily have to meet all these criteria listed to the right, but having strengths in these areas improves your chances of approval. You can expect a response within 24-48 hours after we submit your credit package.
Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl.
+ info
Step 4: Approval Letter
When approved, a reputable lender will provide you with a formal written approval letter. What is due will vary depending on your approval. This document should include:
Length of the term (payback period).
Monthly payment details.
Any insurance requirements.
Upfront Money
The approved financing amount.
Info about any personal guarantor.
Any purchase options available.
Before proceeding, it’s essential to check if any of these details are missing from your approval letter. Once you’re comfortable and ready to move forward with financing, sign and return your approval letter along with your documentation fee to kickstart the documentation process (the next step!).
You’ll enter a contract to finance your equipment at this stage. An administrator will call you to guide you through this process. We keep it easy with electronic documents through DocuSign. We issue a purchase order to the equipment seller after receiving the following from you:
Step 5: Documentation
Signed Agreement Docs
Proof of Insurance
Inital Cash
Step 6: Delivery & Acceptance
Proceed with Acceptance
Arrange Equipment Delivery/Pickup:
Verbal Acceptance
Expect Invoice
+ info
+ info
+ info
+ info
ONGOING SUPPORT
All 6 steps of Beacon Funding's Financing Process is now complete! Once you enter the repayment phase of your contract, we offer:
Continued Support Throughout the Term of the Contract Dedicated Specialists to Assist with Your Financing Business Needs Monthly Contact from One of Our Equipment Financing Representatives
APPLY TODAY
3400 Dundee Rd, Suite 180, Northbrook, IL 60062
Wait for Call
After completing the application, a knowledgeable consultant will contact you the same day. Time to get started with your financing journey!
Application Paperwork
Complete our short application in just a few minutes! You can do it on our website at www.beaconfunding.com/apply, through our mobile app, via email, or even over the phone. The application will ask for some of your business, personal, and equipment details.
You’ll receive your initial invoice 30 days later.
Upon equipment delivery or pickup, remember to Inspect the piece of equipment. Check if it matches what you ordered and if it’s working correctly.
Startup Questionnaire
If you’re a startup, you might need to fill out our Startup Questionnaire. This form helps you share important business details and your strategy for business growth.
After completing the documentation process, we’ll inform you when it’s okay to proceed with acceptance. It’s like when your mortgage company gives you the “clear to close” signal if you’ve been through that process.
Got an idea?
Let the communication flow!
With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.
Got an idea?
Let the communication flow!
With Genially templates, you can include visual resources to wow your audience. You can also highlight a particular sentence or piece of information so that it sticks in your audience’s minds, or even embed external content to surprise them: Whatever you like! Do you need more reasons to create dynamic content? No problem! 90% of the information we assimilate is received through sight and, what’s more, we retain 42% more information when the content moves.
If you’re satisfied with the equipment and it meets your expectations, provide your ‘verbal acceptance’ to your Financing Consultant over the phone. This signals us to pay the seller, and it’s time for you to put your new equipment to work and start generating revenue for your business!