It would not be far-fetched to say that most businesses are seasonal. With the exception of certain essential year-round necessities like food and gas, companies that offer other products and services generally experience high and low seasons.
Over the past several years, Synergy Merchant Services has become very familiar with a variety of small to medium business types all over Canada. Clothing stores, for example, are constantly changing and updating their product lines to meet the needs of consumers with the change of each season.
Think about it. When is the last time you bought a pair of swimming trunks in December?
But what about those businesses that may specialize in certain areas. Ski resorts in Canada's mountainous areas, of course, enjoy excellent winter seasons while the summer season brings about an increase of sales in souvenir shops throughout cottage country. These, of course, are broad examples, however the seasonality of businesses is something that Synergy Merchant Services understands very well.
Our merchant cash advance program takes into consideration a number of important factors when determining the details of the financing agreement. Reviewing information such as a business' high and low seasons allows us to better provide a tailor-made quote that suits the needs of each business during specific times of the year.
Merchant funding, therefore, has become a very important and, in fact – essential alternative to the traditional Canadian business loan. One of the main reasons for this is that it allows for the flexibility of each business owner's sales to determine how the cash advance is repaid.
It has become evident among our clients that having to pay back lesser amounts during their slow seasons provides a peace of mind that is generally unattainable when making standard monthly payments to a bank, regardless of how business is going.
As a matter of fact, many clients remark that they can no longer imagine another reasonable way of attaining extra capital for the growth of their businesses considering the stress-free method of payback offered by our merchant cash advance program.
We all experience highs and lows. And businesses throughout Canada are no different. If you are even thinking of expanding your business and why wouldn't you? – you owe it to yourself to receive a free quote from Synergy Merchant Services. Rest assured that you will never be required to pay back an amount greater than you can afford…no matter the season.