Landscaping, snow removal: financing between seasons?
A landscaping or snow-removal business’s file is presented with its two seasons, as the statements show them. The lender decides, for the equipment as for the gap between seasons.
Choose my amountThe answers
- My revenue changes completely between summer and winter: is that a problem?
- Not in itself. The lender reads the peaks and the dips in your statements, and the file is presented with the strong months and the weak ones.
- Can a tractor, a snowblower or a pickup be financed?
- Yes, as equipment financing, based on the purchase price, new or used. The equipment itself usually serves as security.
- My snow-removal contracts are paid in instalments: what does the lender read?
- The clients’ instalments, as they reach the business account. Signed contracts help describe the coming season, but the lender reads first what has been collected.
- Can payroll and fuel at the start of the season be financed?
- Yes, as working capital, sized on your deposits. The amount requested remains an estimate; the lender sets its own.
- I invoice businesses or municipalities: are there other options?
- Yes: invoices owed by businesses or public bodies can go through factoring. Residential clients, for their part, count as deposits.
What the lender looks at
- Actual deposits, month by month
- Winter contracts and summer work: what really reaches the account.
- Trend over the period
- Both seasons can be read; a decline that lasts can be read too.
- Days in overdraft
- An overdraft between two seasons tells the lender a lot.
- Payments to other lenders
- Equipment already financed elsewhere counts as a commitment.
$0 upfront · 7% only if funded
An intermediary, not a lender.
The lender sets the final amount and its cost in its written offer.
Choose my amount