Seasonal Business Cash Advance Loan - A Faster Business Solution for a Slower Business Season
A seasonal business, often impacted by seasonal swings in demand, is prone to financial obligations during the sluggish business period. With more outflow and less inflow during a low revenue period, it is tough to cover expenses related to expanding business, adding services, buying equipment, improving technology, renovating, hiring additional staff, payroll, managing inventory, or merely seizing a bulk order pricing. Thus, you need immediate access to accommodate these slower sales periods. Seasonal business loans are catered to manage the unexpectedly slow business period.
Traditional banks and credit unions involve a detailed business plan, great credit score, collateral, extensive financial documentation, credit checks, etc. to approve a seasonal business loan. Additionally, the loan process of seasonal financing is usually lengthy and may take days for approval and weeks to receive the funds in your account. Hence, do not serve as an appropriate lending option for necessary and urgent business needs. Alternatively, a seasonal business loan from Business Advance Funding helps you manage the cash flow and benefits your business during the low business season.
Business Advance Funding, being a reputed online lender involves an automated loan process in order to provide you with a
small business loan of up to $2M, quickly. With at least 1 year in business, minimum relevant documentation, and steady monthly revenue of a minimum of $15,000, any seasonal business can qualify for seasonal business financing without the mandatory requirements such as collateral and excellent credit.
Thus, an unsecured seasonal business loan is the perfect and safest financial solution during down time of your seasonal business. Just
apply online, meet eligibility criteria and receive money in one business day, upon approval.