An MCA is advantageous for businesses with unsteady cash flow or
seasonal business cycles, as it's not a fixed amount of money demanded each day, but a percentage of your sales.
If you know that your business has
a seasonal business cycle, you may want to consider taking out a working capital loan or line of credit during those months with low sales to cover your daily expenses.
If you know that your business has
a seasonal business cycle, you may want to consider taking out a working capital loan or line of credit during those months with low sales to cover your daily expenses.
Not exact matches
If your
business is plagued by destabilizing fluctuations in your markets due to
seasonal changes or demand
cycles, you can even out your sales by tapping markets with different or even countercyclical fluctuations.
For small
business owners figuring out how to meet this challenge head - on, here are four tips on how to manage a
seasonal sales
cycle.
Small
business owners struggling with a
seasonal sales
cycle should consider these tips when they plan ahead for 2016.
Economists distinguish a number of types of unemployment, however: cyclical unemployment is brought about by the vagaries of the
business cycle; structural unemployment is brought about by changes in the economy or the labour market, when the jobs available do not fit the workforce's skills; frictional unemployment is the phenomenon of people being «between jobs»; and
seasonal unemployment is linked to certain types of
seasonal jobs, such as farm work and construction.
Balboa Capital's term loans may not be the best choice for
businesses with irregular or
seasonal payment
cycles.
In addition,
seasonal businesses or
businesses with irregular cash flow
cycles may find the daily repayments to be unmanageable.
The daily repayment can be cumbersome for
seasonal businesses or any
business that doesn't have a regular cash flow
cycle.
They offer the financial flexibility to cover gaps in normal cash
cycles, can be used to harness resources to maintain year - round
business operations for
seasonal businesses, and can fund expenses that build value and amplify success in concert with other financial tools.