For some businesses, summer is considered the “slow season”. Sales dip because their products and services are tailored towards winter activities. For example, a store that sells ice skates, skis and other winter sports equipment may have a tough time making sales during the warmest months of the year.
So what can business owners do to boost business during its slow summer season?
Advertising, of course, is always one way to go. For example, when consumers don’t associate your brand with summer-weather needs, they will tend to stay away until the weather cools down. Advertising that your store has a special summer sale may help for customers to stock up on goods that they may not need until a few months down the road.
Buying items at a discount, after all, is something that all customers enjoy. You have to especially consider the fact that the summertime brings a lot of people out of their homes. Arguably, there are more shoppers out there looking for deals now that at any other point in the year. By advertising your summer specials, you’re a lot more likely to have sales not hit the standard low they usually experience at this time of year.
What if you can’t afford a new advertising campaign?
This is where Synergy Merchants’ unique merchant cash advance program comes in really handy. If you process credit card and debit card sales, we can provide you with an advance on the sales you’re bound to make in the future. Our program isn’t like a bank loan. The money you receive isn’t being borrowed. We’re making a payment to you. We buy some of your future sales at a discount which means that you can actually get the money you need for your advertising campaign in as little as 24 hours! And you don’t need to worry about a credit check or collateral.
With the money we advance you, you can invest in an advertising campaign that will help you to pick up sales during your current slow season. But here’s the best part about our program: you are under no obligation to make any monthly minimum payments! You will never have to worry about being able to “afford” a payment because you repay your advance through a small percentage of your future credit card and debit card sales.
During your slow seasons, you are a lot more likely to pay your advance back a lot slower. When sales pick up, so do your payments. We only get paid when you get paid first. With no repayment schedule, it doesn’t matter if it takes you six months or two years to pay back your merchant cash advance. You will not accrue any interest over time as you’re only charged a one-time fee when you accept the advance.
For more information about our merchant cash advance program or to speak with one of our licensed funding specialists to get a free, no obligation quote, simply call Synergy Merchants at 1-877-718-2026 or email us at firstname.lastname@example.org.