Business Loans
for Florists

Get Immediate Funding as Fast as Today!

Consumers in the United States spend $1.83 billion annually on cut flowers. While some areas of the floral industry – particularly intermediates and small shops – have contracted during the past few years, there has been growth in supermarket and online florists. Between 2014 and 2019, online floral merchants saw 11.8% growth.

According to the Society of American florists, a retail floral shop generates an average of $362,318 in annual revenue. Profit margins vary widely, however, depending on the add-on’s such as vases, ribbons, or delivery services. With smart management, there’s money to be made in the floral industry.

If you’ve been thinking of opening a new floral shop, or expanding an existing shop through adding services and online sales, you might not have the cash reserves to fund your plans. Borrowing could be a smart choice.

If you already know that it’s time to take out a loan,  take a few minutes to apply for a business loan online. But if you don’t have a good grasp on your funding needs, or are unsure which is the best loan product for your business, read on.

Get Your Business Loan Today

What Do I Need to Qualify?

Below is a list of the requirements to get approved for business funding with our most basic program.

  • At Least 3 Months in Business
  • 530 Min. Credit Score
  • $10,000 Min. Monthly Revenue
  • How Do I Apply?

    Applying has never been easier. You can either call our toll free number 24 hours 7 days a week at


    Submit your online application by clicking apply below and entering a few basic details about your business.

    Types of Business Loan Available

    Merchant Cash Advance

    This is a short term small business loan that you can use for any type of expense. You can use it to cover seasonal swings in business, pay a new chef, or open an entirely new location. Whatever you need for your business, these simple term business loans will help you get it.

    We offer up to $1,000,000 in funds for restaurant owners. And with interest rates of 5–45%, you can get a better deal than you would with some traditional lenders. As long as you’ve been in business for two months, earn $8,000 or more per month, and have a credit score of 500 or more, you can qualify for one of these loans.

    Our terms range from 12–36 months, so you can get the amount and terms that work for you.

    Working Capital Loans

    Traditional lenders often require collateral when they give you a loan, which means you’re putting your business on the line. That’s not a good way to start a financial relationship.

    We offer unsecured business loans, so you don’t need to put up any collateral. Because we’re an alternative lender, we’re able to offer this funding service alongside our already great rates. You can feel more comfortable with our business loans knowing that we aren’t about to take your oven or your bar stools if you miss a payment.

    Fast Business Loans

    We know that  restaurants have a tough time receiving working capital because of the volatility of the industry. If you try to get a loan from a traditional lender, you’ll get denied fast. But we don’t think your industry should disqualify you from getting funding for your restaurant business.

    So we offer short term merchant cash advances of up to $1,000,000 to restaurant owners with credit scores above 500. You’ll pay 12–45% interest on terms up to 36 months. As long as your restaurant has been open for a few months and you have $8,000 in monthly revenue, you can qualify.

    Small Business Loans

    Restaurants have a lot of day-to-day expenses, and that’s what working capital funding is for. Whether it’s covering payroll, stocking the bar, or taking advantage of a marketing or advertising opportunity, these loans help you with the more mundane expenses of running a restaurant.

    Like our term loans, you can get up to $1,000,000 in working capital. You still get the option of terms between 12 and 36 months and interest rates from 9–45%. You’ll need to have two months in business, and at least $10,000 in monthly revenue to qualify. You’ll also need a credit score of 650 or better.

    If you meet these qualifications, you can get the funding you need to cover any expense you might come across, from an emergency repair to making sure your freezers are full of food.

    Apply Directly to One Source!

    Work with a direct lender and get a business loan as fast as the same day. Shield Funding offers competitive rates and terms on all it’s funding programs. Apply now with a trusted lender that has been helping business owners secure working capital for almost two decades.

    Questions to Ask Before Borrowing

    The type of funding you’ll need, how much you should borrow, and how long you should take to pay back the loan will all change depending on if you’re already in business or opening a new florist shop.

    If you’re already in business you have data available to inform borrowing decisions. You can predict cash flows and will know, for example, if you need to borrow to have inventory on hand for wedding season. 

    Existing business owners have a history of credit card receipts, cash flows and income statements to include in a loan application. With a good idea of how you plan to use the funding – whether it’s expanding into a new space, adding a delivery route, or purchasing a new refrigerator for storage – you can demonstrate the increased revenues that the loan will bring into your business. Banks will look more favorably on your loan application – assuming you’ve been profitable. 

    If you’re opening a new florist shop, it will be harder to qualify for a traditional loan. At a minimum, you’ll need a robust business plan and strong cash flow projections when you apply. You could have to pledge personal assets – such as investment or retirement accounts – to secure a loan. 

    Banks want to know how you plan on making money, the amount of capital expenditures involved in opening a new store, and when you’ll turn a profit or break even. If you lack experience in the floral industry, they’ll be wary. Newer small business floral shop owners will find it harder to obtain a loan from traditional funding sources. 

    Opening a new floral shop? You’ll have to locate a good space to lease and cover monthly rent while possibly renovating it. There will be upfront costs like buying and installing refrigerators, and once you’re in operation you’ll have to cover utility bills and other fixed expenses before your first sale. 

    Renovating or expanding an existing floral shop? You could face many of the same costs. 

    Here are some of the most popular reasons florists take out small business loans

    • Purchase new equipment to replace old or broken refrigerators
    • Expand their space or open a new location
    • Add services, such as expanding into weddings or providing flowers for corporate events
    • Cover operating expenses during lean times

    How you intend to use the funds dictates the type of funding and term that best fits your business purposes. It will also tell you how much cash you need to fund the business plan. 

    Now is the time to create a budget for your business. After you’ve paid fixed expenses like rent and utilities, how much free cash flow do you have to make loan payments? The size of your loan payment will depend on how much you borrow, so if you can’t afford the payment consider scaling back your plans.

    Your business’s cash flows must cover the loan payments for your new florist shop – particularly if there will be a delay between when you have to pay for any renovations or equipment and when the new investment will generate revenues. After you’ve made a budget and determined what you can afford to borrow, include a plan to pay back the loan in your budget. And plan for the unexpected.

    The contractor you hired to renovate the new space shows up a few days late. The refrigerators you bought are backordered. Make sure you have a fallback plan to make loan payments if there are delays. 

    t’s not enough to know if expanding to floral design for weddings will add $20,000 in revenue. If you have to take out a $25,000 loan to pay new workers, lease or rent a van for transport, and order inventory, you’ve actually lost money. 

    Anytime you plan on borrowing to fund a project its expected return should do more than cover the loan’s cost – it should also produce more income for your business in the long run. Evaluating a potential project can get quite complicated.  A simple expansion has many variables.

    For example, the storefront next door has become empty and you have the opportunity to lease it and expand your space. Based on square footage, you could host floral design classes and add potted plants – like the popular succulents – to your inventory. Cash flow estimates show potential profit of $2,000 a month. 

    Your landlord is willing to give you a reduced rent because you’ve been a good tenant, so rent would be $1,500 for the expanded space. Total cost to renovate and add space for classes, purchase inventory, and advertise the classes will be $5,000. Your contractor estimates it will take him two months to get to the renovations, so you’ll have to cover two months rent before the project generates income.

    If you took out an $8,000 loan for a two-year term at 10% interest, your monthly payment is around $369. Based on that, you could lose $131 a month.  

    Before taking out a loan to fund a business project, check if the project’s impact on your revenues will both pay back the loan and generate a profit. Maybe adding two more classes monthly could put you in the green. 

    Your credit score and business’ credit history are an important part of any loan application. Lenders view a credit score as a sign of your creditworthiness, and it will impact their willingness to lend to you and the loan’s terms. Small business owners with poor credit will find it harder to borrow because lenders view them as a bigger risk. 

    Before applying for a loan, check your credit score. Knowing it will give you an idea of the interest rate you’ll pay to borrow and which lenders will lend to you. Since a lower credit score reflects higher risk to the lender, you’ll pay more to borrow. 

    Business Financing Tips For Your Florists

    Merchant Cash Advance

    Floral shops that specialize in large corporate orders or weddings probably have a large volume of credit card receivables

    Working Capital Loans

    At Shield Funding, we extend working capital loans to business owners with credit scores above 650 after you’ve been in business for just two months.

    Fast Business Loans

    o qualify for a fast business loan you only need a credit score above 530, minimum monthly revenues of $10,000, and two months in business to qualify.

    Funding Business Dreams Everywhere

    Want to find out more about how our loan products can help your eye care business? Get in touch today and we’ll help you find the right loan for your business!