Charlene’s Waste Services LLC’s successful financing relationship with Beacon Funding enabled them to expand their service area and enter new markets. With 84 financed porta-potties and two financed portable toilet trucks, the startup’s future looks bigger and brighter.
When Charlene and Tommy Endsley started their waste management business in 2016, they weren’t sure how they would afford all the necessary equipment for success. Their 65 porta-potties and outdated truck helped get the business started, but weren’t enough to sustain the growth they envisioned.
As a newer business, the Endsleys worried financing would not be easy to find, especially after being turned away by the bank. On a whim, Tommy contacted Beacon Funding through industry website Pumper.com to inquire about financing a truck listed in the classifieds. After talking with an expert financing consultant, Charlene’s was well on its way to expanding.
“I got a hold of my financing consultant, and it’s been awesome ever since,” said Tommy Endsley, owner of Charlene’s Waste Services.
Beacon Funding’s knowledge of the wastewater industry and willingness to work with startups made the process simple for Charlene’s Waste Services. Over the course of a year, they were able to gradually finance the porta-potties and trucks they needed to expand.
As a result of financing the new equipment, Charlene’s not only expanded their coverage area but also widened their market. The new trucks and units allow them to branch off from construction sites and take on special events.
“Our business has improved dramatically with the new purchase of equipment through Beacon Funding. After financing, we have 25 percent more customers,” Endsley said.
Beacon Funding and Charlene’s Waste Services’ relationship shows no signs of slowing. The waste management company plans to finance with Beacon again as their business and market continues to grow.
“As our business grows, we will get new trucks and porta-potties with Beacon Funding,” Endsley said.
To highlight the success Charlene’s Waste Services found with equipment financing, the business participated in Beacon Funding’s Success Spotlight Program, which includes nationwide recognition for their business’ accomplishments through a variety of marketing and public relations efforts.