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Beacon Funding Supports Lone Star Awards & Graphics’ Expansion

February 28, 2017, 06:42 AM
Related: Beacon Funding

Beacon Funding financed nine pieces of equipment for Lone Star Awards and Graphics, a company which began as a small trophy and engraving business with one laser engraver, but soon wished to expand.  The financing helped transform the business into a full-service decorated apparel business servicing the Nash, Texas area. After financing equipment with Beacon, their business grew exponentially in location size, number of employees, and profits. They now work in a 6,000 square foot space with seven employees, and earned $2.5 million in gross sales since working with Beacon Funding.

Richard and Kippie Hartcraft started Lone Star Awards and Graphics and began offering engraving services in 2003. The husband-and-wife team had one laser engraver and ran the business themselves.  Shortly after starting, the business took off and customers began inquiring about embroidery and screen printing services. That prompted them to explore expansion options.

“Financing through Beacon has allowed us to enter into some markets that otherwise would have just not been possible for a small family-owned business,” Kippie Hartcraft said.

“Beacon has allowed our business to grow at a pretty phenomenal pace since we’ve first opened,” Kippie Hartcraft said. “It has provided us the ability to get in the equipment that we need to stay at the cutting edge and offer what’s new and up-and-coming in the decorated apparel industry.”

As a way to highlight the success they found with equipment financing, Lone Star Awards and Graphics participated in Beacon Funding’s Success Spotlight Program and earned nationwide recognition for their business accomplishments.

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