Cross Country Automotive Services and Beacon Funding Partner to Create Truck Financing Programs for Service Providers

CHICAGO--Nov. 22, 2011: Cross Country Automotive Services (Cross Country), a leading provider of driver and vehicle assistance services in North America, and Beacon Funding Corp., an equipment financing company specializing in the tow industry, have joined forces to offer Cross Country Service Providers enhanced truck financing options. As a result, tow providers can leverage their long-standing relationships with Cross Country to access a convenient application process, a wider credit window and competitive financing terms. Additionally, eligible tow providers may earn up to $300 in Cross Country Perks Incentives with each completed truck financing transaction.

"This partnership helps our nationwide network of Service Providers by improving their accessibility to quality trucks and equipment, which enables them to grow their businesses and better serve our customers," said Charlie Cavolina, chief service officer and senior vice president of Service Delivery at Cross Country. "Beacon Funding has committed to making the financing process easy to understand and navigate for our Service Providers, with a straightforward application and approval process, additional support and resources to help them make smart financial decisions, and customizable solutions for their businesses' unique needs."

To learn more about truck financing options, tow providers can visit Cross Country's online Equipment Financing Center at Beacon Funding.  

"Beacon Funding is excited about the opportunity to partner with Cross Country," said Toby McDonough, Beacon Funding's vice president of Sales and Marketing. "Providing the thousands of tow providers with capital to acquire additional trucks aligns with our goal to become the nation's premier resource for financing business equipment."

Both Beacon Funding and Cross Country Automotive Services exhibited at the American Towman Expo in Baltimore, Md., on November 17-20, 2011, and introduced the new truck financing programs.

ABOUT CROSS COUNTRY

For nearly 40 years, Cross Country Automotive Services (Cross Country Auto) has been a pioneer and thought leader in creating and delivering technology-enabled service solutions for the auto and insurance industries.

Cross Country manages roadside assistance programs in the U.S. on behalf of global automobile manufacturers and U.S. insurance carriers, providing solutions for the nearly 6 million roadside service events experienced by their consumers each year. In addition, Cross Country provides accident scene management, vehicle release management and total loss screening services for insurance carriers, customer care services and connected vehicle services for a number of automotive manufacturers.