Manage the ups and the downs!

Do you find that your business is booming at certain times of the year compared to other times when it’s slower?

For example, a business selling ice creams will make more money in the summer when people want to sit out in the sun and enjoy something cold rather than in the winter when it gets darker earlier and they want to stay indoors. The same can be said for businesses that make more money in the winter months with Christmas sales compared to the summer.

As a business owner, you will know that if you have taken out finance, there are some months when you’re making the repayments that you find yourself thinking, “I have extra money this month, but in 2 months, will I have enough money for my repayments?” This can be an annoying position to be in.

But what if there was a simple solution to your problem? Well, there is.

Seasonal Payments!

Seasonal payments allow you to tailor your finance repayments so that your prices are higher when you are making more money than when you make less; the amounts are smaller.

This allows you to keep control of your cash flow and plan. As much as we like to think we’d put the money aside and save, other things that end up using the money crop up. This way, you’re still paying the same amount overall but are spreading the cost to suit your business.

This is great for all businesses, especially those in tourism, agriculture, hospitality and outdoor sports, which tend to have peak and off-season times. These payments allow for a more flexible way of business finance.

We always want solutions that help you and your business grow and not cripple the bank account.

If you are looking at getting finance for your business, speak to us about seasonal payments and see how they can help in your off-peak times.