Are you looking for a quick business advance to repair landscaping equipment or to expand your lawn care service? A lawn care merchant cash advance is a great way to get money today for urgent business needs.
There’s over 610,000 landscaping companies in the US, employing over a million workers. The landscaping industry is booming and growing at around 4% a year. It’s a very lucrative, but capital intensive industry with a lot of overhead.
Let’s dive into how to get same day funding with a Merchant Cash Advance.
What is a Lawn Care Merchant Cash Advance?
A merchant cash advance, also known as a MCA, is not a loan but a business advance based on your future credit card transactions. The downside of traditional MCA advances is that some companies don’t use credit cards.
However, we offer a same day landscaping business cash advance which is great for landscapers and lawn care providers who don’t always work with clients who have credit cards.
How it works is our lenders look at your business revenue and can advance you up to 75% of your monthly revenue. So, if you make $10,000 a month we can probably advance you up to $7500 the same day if you meet the requirements.
The requirements are straightforward: You must earn $5,000 per month in the last 3 months, have a credit score of 450 or higher, and have been in business for 6 months. You need an EIN number and a business checking account.
Merchant Cash Advances are great because it’s fast money with no collateral, and with no red tape. Because big banks are not lending to small businesses anymore, and if they do you have to put up collateral and have a near-perfect credit score.
This is why MCAs are quickly growing in popularity for business owners. Not only do you not need collateral or a perfect credit score, you can literally receive your Merchant Cash Advance in 8 hours if you apply early enough in the morning, Monday thru Friday, and meet all the requirements.
How to Use Your MCA to grow your Lawn Care Company
No one knows more than you what you need to do with a business advance, but more likely it’s to either fix or buy new equipment, pay payroll until the next big job, or expand your business.
There are obvious ways to run a successful lawn care business and then there are the not-so-obvious ways, like online reviews. Most people these days look online for reviews about your company before calling.
It’s important to spend some money and have a simple one page website created for your lawn care service, and also get registered on Yelp, the Yellowpages, Manta, and Google reviews.
Make sure your website is created as a local service and create plugins where reviews can be added. You can also provide first time discounts to clients who leave a review for your business online.
Having an online presence is the most basic way to get new customers finding you online. You can also hire a service to help you set up a Youtube channel where you can do short “How-to” videos on landscaping dos and don’ts. Youtube is a powerful search engine, like Google, and people will find you for free if they want to learn how to do certain landscaping techniques.
Applying for a Lawn Care Merchant Cash Advance
To apply for a lawn care merchant cash advance is very easy. Again, you need the basic requirements of $5,000 in monthly revenue, 6 months in business, and a business checking account and EIN number, but also you can’t have too many NSFs or liens out on your business or loans out somewhere else.
Other than that it is a quick 5 minute application that doesn’t hurt your credit to apply. You can fill out the application and view your offer. You can easily accept or decline the offer. I wish you the best of luck and thank you for reading!
Erik C. Johnson
Independent DAC Agent