Florist Shop Business Financing: Business Loan Alternative

Florist Shop Business Financing: Business Loan Alternative
With Mother’s Day just having passed, florists are sitting back to relax for just a moment before the summer wedding season jumps into full swing. Nationally, floral spending was down on Mother’s Day, from $139 on average in 2008 to $124 on average for 2009, according to the National Retail Federation.

Local florists are doing well, largely because they can sell flowers less expensively than the online flower sites can. Even so, a floral business is considered high-risk because flowers aren’t a necessity. This classification can make it difficult for local florists to get the florist shop business financing they need to make their business run well. It’s no wonder that so many florists and other small business owners are looking for a business loan alternative.

A business cash advance from Rapid Capital Funding puts cash in your hands when you need it most. With a business cash advance, you sell a portion of your future credit card transactions to Rapid Capital Funding. We don’t have long application form. We don’t ask about collateral, business plans or anything else. This business loan alternative is based primarily on how much your business generates in credit card transactions each month. That’s it. Your credit – good, bad or a little of both – doesn’t really factor into our funding decisions.

The repayment plan is easy too. There are no monthly payments to make. As your credit card transactions come in, a small portion of each sale is used to repay the business cash advance and the rest of the sale comes back to your business. Your business cash advance gets paid off each time you make a credit or debit sale. With no fixed monthly payment, you get to keep all of the cash transactions your business generates. When your credit card transactions slow down, your repayment rate does to. This is a business loan alternative that makes sense for your business.

If you need florist shop business financing, skip the bank and come to Rapid Capital Funding today.

Photo Credit: United Floral Network

Bookmark it