Beacon Funding Launches Financial Resource Center

Beacon Funding released a financial resource center as part of its investor relations hub. The center will provide funding partners with information about Beacon’s financials and growth trajectory.

“I am extremely pleased with our recently released financial resource center for use by our banks and funding partners. Our secured portal allows them to easily access our financial data, organizational information and metrics on our company to periodically evaluate our relationship,” said Sam Oliva, Beacon Funding’s CEO. “We are especially proud of our new web portal since, typically, this type of reporting is only available for large listed companies. Needless to say, this type of automation saves our organization and our partners time and allows transparency into our operations.”

The following information is available to funding sources and bank referrals on the center’s page:

  • Financial Statements – Users are able to view both current financial reports and historical comparative information dating back to the company’s inception.
  • Performance Metrics – Information regarding earnings, worth, interest and equity can be assessed.
  • Portfolio Analysis – Receive an overview of up-to-date portfolio information, including total receivable, number of leases and average cost.
  • Portfolio Sales – Portfolio sales history and tombstones are available for review by users.

“We are proud to be launching our new secure financial resource center portal, which will provide our lenders and funding sources with immediate access to current company financial information, business and performance metrics, and other relevant information about our organization,” said Dale Wallner, Beacon Funding’s CFO. “We will continue to enhance it by adding additional relevant financial information in order to make it easy for our funding partners to obtain timely financial information on our business.”

Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.