Landscaping businesses have an incredible seasonal business.
Capital for Landscaping Businesses
Landscaping businesses have an incredible seasonal business, bringing in high amounts of revenue during the spring, summer, and some of the fall. However, they have a significant slow season through winter and early spring. There are a few ways landscaping businesses can address this lack of cash inflow during the slow season, and Denali Advance can help in both scenarios.
First, landscaping companies can diversify into offering popular winter services such as driveway or parking lot plowing. Alternatively, they can manage the large amount of capital they earn over the busy season and save it to cover the costs over winter.
MCA
Depending on who most of your clientele is (residential or commercial), you can take advantage of merchant cash advances or invoice factoring. If you primarily work with residential clients, merchant cash advances can be a great way to borrow working capital quickly and pay it back over time by giving a percentage of your credit transactions.
Invoice Factoring
Other landscaping companies provide services to commercial properties or businesses. In these cases, you may be waiting for invoices to be paid but need working capital to rapidly make new bids in the competitive commercial landscaping market. This method allows Denali Advance to offer cash to you quickly with very low requirements since the risk is low.
Line of Credit
An open line of credit can be an excellent tool for landscaping businesses. You can use the credit to handle short-term cash flow needs without much back and forth between lenders and yourself, whether you need more funds for equipment repairs or a more efficient way to manage operational expenses.
About Us
Denali Advance was founded by two passionate entrepreneurs, Nate Fried and Brad Brown, who have known each other since childhood. After independently leading successful lives, they came together again to form Denali Advance.
They got the idea after noticing a need for small businesses to have faster access to funds that help their businesses grow. We strive to stand apart from other providers by offering a more personalized yet analytical approach to small business capital.
