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Beacon Funding, Agero to Provide Tow Truck Financing

April 02, 2013, 07:11 AM
Filed Under: Trucking

Beacon Funding Corporation, an equipment financing company specializing in the tow industry, partnered with Agero, formerly Cross Country Automotive Services, to offer Agero Service Providers enhanced truck financing options. In efforts to make the tow truck equipment financing process easy and low maintenance, they created a Direct Pay program where Beacon Funding can automatically deduct a monthly payment from a tow provider's bi-weekly Agero payments.

"With Beacon Funding we can offer Agero Service Providers a simple and painless way to finance their next truck purchase. When monthly truck payments are deducted directly from bi-weekly Agero payments, the Service Providers can focus on growing their business and providing their clients with high-quality service rather than worrying about a truck payment," says Dave Sunkenberg , Vice President of Network Management for Agero. 

Through the Direct Pay program tow providers can leverage their long-standing relationships with Agero to access a wider credit window and competitive financing terms through a convenient application process.  Eligible tow providers may earn up to $300 in Agero Perks Incentives with each completed truck financing transaction.

Agero, a member company of The Cross Country Group, is a leading provider of private-labeled, connected vehicle services for the automotive, insurance and aftermarket industries and is a market leader in roadside assistance and claims management. Based in Medford, Mass., the company has operations throughout North America and offices in Europe.

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