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Seasonal
Business Loans

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Shield Funding has been working with businesses of all types for over 10 years to provide the funding they need to succeed. Whether your company does most of its business in a single month or splits it throughout all 12, we’re here to help.

Many businesses have seasonal swings. Some are bigger than others. Lawn care professionals, for example, might have no business at all in the winter. Personal trainers, on the other hand, have business all year but could have the most clients in the first third.

We work with many kinds of seasonal businesses to help them make the most of their prime seasons as well as their off-seasons. Whether that’s with a longer-term loan that balances out the swings or a shorter-term one specifically for the slow times, we can help.

Because we’re an alternative lender, we don’t have the disadvantages of a traditional lender like a bank. It can take weeks to get an approval for a bank loan, and even longer to actually get the money. That means you need to apply early, making it harder to know exactly what you need. Fast business loans mean better business which is why we make it easy to apply online and get funded as fast as the same day.

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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

    (888) 882-6117

    or

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

    Types of Business Loan Available

    1. Small Business Loans

    Our small business loans are extremely flexible and we have various business loans for bad credit. You can get terms as short as two months, helping you cover a short period of time without paying a ton of money in interest. And because you can get a rate as low as 5%, it’s affordable for almost any business.

    That gives you a lot of options for how to use that money. You could improve your building, for example, while it’s not getting as much traffic. Or bring on temporary help when business picks up. Or buy a lot of supplies when you need them.

    With up to $1,000,000 in funding available, you can get the money you need to drive your business to success. Whatever that requires. As long as you’ve been in business for two months, bring in $8,000 in monthly revenue, and have a credit score of 500 or higher, you can qualify.

    2. Business Line of Credit

    One of the disadvantages of taking loans as a seasonal business is that you pay interest on them even if you’re in your slow season. At best, that’s annoying—and at worst, it’s debilitating. A business line of credit solves this problem by giving you more flexible borrowing options.

    We give you up to $250,000 worth of credit. You use however much of it makes sense at a time when it’s convenient for you. And you only pay interest on what you use. It’s like a credit card, but with a significantly lower interest rate (usually 5–10%).

    Use it to buy supplies when you need them, repair equipment quickly during the busy season, or expand your business when the opportunity arises. You can use your line of credit for any business expense.

    3. Short-Term Business Loans

    Our short-term business funding is designed specifically for companies that don’t need large loans that take a long time to pay off. We offer terms from 6–24 months at interest rates as low as 9%.

    If you’ve been in business for a year, bring in $10,000 in monthly revenue, and have a credit score of 650 or better, you can qualify for one of our short-term business loans.

    Because you can pay back this loan in up to two years, you can use it to smooth out more than one seasonal downturn, helping you plan for long-term seasonal business concerns. That might mean shifting your product mix so you can offer something year-round. Or it could just be bringing on extra help during the busy times.

    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.

    Apply Now

    Financial Growth Tips for a Seasonal Business

    Hiring Seasonal Help

    Keeping a full staff of employees throughout the year doesn’t make sense when you do most of your business in just a few months. Even if your off-season is only three or four months long, keeping excess employees on staff is an unnecessary expense.

    Many seasonal businesses bring on extra help when they need it—but having the cash on hand to do so can be difficult. For example, if you just upgraded your food truck, you might not have the cash to pay people before your upgrades start paying off.

    Seasonal business loans for payroll help you make sure you have the right people working at the right time. Being understaffed will cut into your profits, so it’s important to spend money to provide great service.

    Making Off-Season Improvements

    If your company has a slow season, it’s a great time to make improvements to your building or equipment. You can also improve your employees’ knowledge by getting them more training.

    Let’s say you run a tour guide business that does most of its business in the summer. When winter rolls around, you might put your tour guides through training so they can provide a better experience to customers during the busy part of the year. You might upgrade your tour buses, too, and improve your scheduling system for a better online experience.

    All of these things cost money, and unless you’ve been diligent about saving some of your revenue throughout the year, it might be hard to come up with that cash. A seasonal business loan can help.

    Stocking Up for Busy Season

    Many seasonal businesses need supplies for their busy season. Holiday retailers need stock. Lawn care and snow removal companies need equipment and chemicals. Personal trainers and movers need the consumables used in the course of their jobs.

    A short term business loan for inventory ensures that you can get the best prices on these supplies. You might buy them at the end of the season to get a good deal or make the purchase right before your season starts when you have a better idea of how much you’ll need.

    No matter how you buy supplies, a short-term business loan can ease the financial burden. This is a great use of a business line of credit—you’ll only pay interest on the funds you use when you stock up, meaning you can’t accidentally get a loan that’s too large.

    Smoothing Out Cash Flow

    Cash flow is one of the most important factors in running a successful business. 82% of small business failures come down to cash flow. All of the factors above—and many more—are, at heart, cash flow issues.

    You could take a big loan that puts a lot of cash at your disposal over the course of several years. If you manage it well, that can solve the problem. But that’s a big “if.” Saving a large amount of cash is hard when you have lots of bills and big plans.

    Seasonal business loans solve that problem by giving you smaller amounts of cash with shorter repayment terms. You don’t have to worry about the administration involved with a larger loan. You pay less interest. But you still get the benefit of borrowing money to help you run your business in the best way possible. It’s a win all around.

    Curious about how a short-term business loan might help your company? Get in touch today and we’ll talk about your options!

    Get Started on Your Small
    Business Loan

    Looking for fast business funding without the hassle? Work with a direct lender for same-day funding! Avoid endless calls and broker fees. Apply now and get funded as fast as today!

    Apply Now
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