How to Get Funding for Your Seasonal Business

Many businesses experience some form of seasonality — whether that means one season is busier than others, week-to-week sales are inconsistent, or the industry itself is simply seasonal by nature. When business owners apply for funding with us, one of their top concerns is what happens if their sales are to drop — either short-term or for a prolonged period.

Luckily, our products are designed so that your repayment amount is based on your revenue and not a set dollar amount. While loans charge you a fixed number each month, Merchant Cash Advance (MCA) payments can fluctuate with your sales. This means more flexibility in repayment and more room to breathe.

When you take out funding with us, you sign a Future Receivables Sales Agreement (FRSA). This agreement states that your sales performance will be re-evaluated on a regular basis to ensure your daily payment amount is in line with the agreed-upon payment percentage. If your sales have deviated, we will adjust your payment amount accordingly. We even offer a self-service feature, allowing you to expedite this review process all on your own.