# EXHIBIT 31.2

# CERTIFICATE OF THE
PRINCIPAL FINANCIAL OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Lee Liermann, certify
that:

|1. | I
have reviewed this annual report on Form 10-QSB for the fiscal quarter ended
          September 30, 2006 of Eliason Funding Corporation (the Company).
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|2. | Based
on my knowledge, this report does not contain any untrue statement of a
          material fact or omit to state a material fact necessary to make the statements
          made, in light of the circumstances under which such statements were made, not
          misleading with respect to the period covered by this report.
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|3. | Based
on my knowledge, the financial statements, and other financial information
          included in this report, fairly present, in all material respects, the
financial           condition, results of operations and cash flows of the Company as of,
and for,           the periods presented in this report.
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|4. | The
Companys other certifying officers and I are responsible for           establishing
and maintaining disclosure controls and procedures (as defined in           the Exchange
Act Rules 13a-15(e) and 15d-15(e)) for the Company and have:
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| | a. | Designed
such disclosure controls and procedures, or caused such disclosure           controls and
procedures to be designed under our supervision to ensure that           material
information relating to the Company is made known to us by others           within the
Company, particularly during the period in which this report is being           prepared;
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| | b. | Evaluated
the effectiveness of the Companys disclosure controls and           procedures and
presented in this report our conclusions about the effectiveness           of the
disclosure controls and procedures, as of the end of the period covered           by this
report based on such evaluation; and
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| | c. | Disclosed
in this report any change in the Companys internal control over           financial
reporting that occurred during the Companys most recent fiscal           quarter
that has materially affected, or is reasonably likely to materially           affect, the
Companys internal control over financial reporting.
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|5. | The
Companys other certifying officers and I have disclosed, based on our
          most recent evaluation of internal control over financial reporting, to the
          Companys auditors and the Companys board of directors:
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| | a. | All
significant deficiencies and material weaknesses in the design or operation           of
internal control over financial reporting which are reasonably likely to
          adversely affect the Companys ability to record, process, summarize and
          report financial information; and
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| | b. | Any
fraud, whether or not material, that involves management or other employees           who
have a significant role in the Companys internal control over           financial
reporting.
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| | Date: November 3, 2006     
| | ---------------------------
| | /s/ Lee Liermann           
| | Lee Liermann               
| | Principal Financial Officer