Beacon Funding Dundee Rd, Northbrook

Beacon Funding Reviews

• E

  Elaine Witkowski
  5

  We recently purchased a used embroidery machine and use Beacon for our funding. the process went smoothly. We just bought our second machine. John is always patient with me and very thorough. I appreciate that as I ask a ton of questions.

  Response from the owner

  We’re glad you had a great funding experience with us, Elaine! Thanks for taking the time to write a review. We hope your used embroidery machine is helping your business thrive.

• J

  Jalal Nasir
  1

  When a person, institution says something and don't stand by it, they are not worthy of decency let alone business. When a firm is not operating ethically or morally, you should not conduct business with them. this institution has employees that state something but do other things to hurt borrowers.. I bought a tow truck, made every payment while truck was broken, told Beacon I could not register it since there was lien on title and they still charged me for not registering it 2 months in a row. They lie, don't awnser phones and don't get back . Please please consider another lender or think 10 times and read reviews on this bank.. I was to late and found out the hard way after conducting business with this firm..

  Response from the owner

  We’re sorry to hear about your unfortunate experience. Every customer is different with different needs, therefore every deal is not the same. However, we give all our customers a chance and have high moral standards. If you would like to talk with us to sort out a better solution, contact us at [email protected]. If not, good luck on your future financing endeavors.

• J

  John Loya
  5

  We needed to finance a new tow truck and called Beacon Funding because of past experience with them. Amy and Mark helped us with the process. From start to finish they both displayed professionalism and attention to detail. As a veteran owned small business we appreciate your prompt service. Thank you.

  Response from the owner

  Thanks for the feedback, John! We’re happy to have financed the equipment you needed. We pride ourselves on financing all businesses, big and small. Give us a call when you plan to expand again. We’d love to help you grow your business once more. (847) 897-2499

• W

  William Boone
  1

  Terrible company to do business with. Applied for a $14,800 business equipment loan. They were asking for $5,800 down, use the equity in my home as collateral and very high interest. Financing $9,000 with a payment of $418 for 36 months?? That’s over 36% interest! I declined this terrible offer, applied elsewhere and received $14,800 for 48 months, 16.87% interest and $0 down payment the very next day. Will this business for any funding needs in the future.

  Response from the owner

  We’re sorry to hear about your unfortunate experience and appreciate that you took the time to write a review. We qualify each customer in a unique way, based on collateral values, pay history, trade references, and other factors. If you would like to discuss this further, email us at [email protected].

• A

  All Seasons Towing
  2

  The loan offer they gave us was not at all what we discussed. It was a waste of time and a wasted check on our credit score. They were however, very quick to respond which I guess is easy if you aren't going to do anything the potential client asks for.

  Response from the owner

  We’re sorry to hear about your unfortunate experience and appreciate that you took the time to write a review. When we pull credit, it is a soft pull during the financing process in order to not hinder credit scores. As for approvals, we qualify each customer in a unique way, based on collateral values, pay history, trade references, and other factors. If you would like to discuss this further, email us at [email protected].

• R

  Raymond Robles
  5

  Working with Don and Mark on my resent purchase of my tow truck was a pleasure. Don always looks out for my better interests. Because of Don, Beacon will always be my first choice when purchasing a tow truck. Thank You Don.

• R

  Roger Pierce
  5

  Our representative was incredibly helpful and informative throughout the process! He took lots of extra time to explain all aspects of the financing and then let us take our time to decide which of the options would work best for us.

  Response from the owner

  Thanks for the review, Roger! We pride ourselves on our A+ customer service and education. Let us know when you plan to finance again!

• r

  robert king
  1

  My credit is not the best but I have excellent income and have 2 other trucks financed through another company. Beacon approved me but the interest rate and payment was so high. After adding up the payments and the term they were trying to make almost double what the truck costs. Then they wanted a ten percent buyout at the end. I got financed for 700 less a month and less then half of the down payment. There deal was 1800 a month for 72 months 10k down and 10 percent buyout at the end of the lease. The truck was only 71k so do the math..lol run and go to another finance company these guys are sharks!

  Response from the owner

  We’re sorry to hear about your unfortunate experience with us. Every customer is different with different needs, therefore every deal is not the same. If you would like to talk with us to sort out a better solution, contact us at [email protected]. If not, good luck on your future financing endeavors.

• b

  bighorn towing
  5

  Started new business in Baltimore Maryland . Beacon Funding Welcomed Us Don & Monica was very helpful got me through with 3 trucks Awesome Thank You Beacon Funding And Don & Monica Who Work Hard (Love It ) Keep Up The Good Work

• E

  East&West Towing
  1

  Not happy with the service!!! They Definitely are scammers! You Will get you approved, but at the end of the day you will be paying double of what they let you Barrow!!! And I am now stuck with the truck. But thanks again beacon funding!

  Response from the owner

  Glad to hear you’ve had a great customer service experience with us! Thanks for taking the time to write a review. Beacon appreciates great customers like you who share their stories. Feel free to share a picture of your equipment with us to share at [email protected]!