Chrystal King writes articles about Unsecured Business Loans for Merchant Resources International.
Party stores are typically open year-round. They supply piñatas, party hats and horns for your child’s birthday party, invitations and balloons for your parents’ anniversary party and streamers and games for the “I just want to have a party” party. Still, it is very likely that most party stores do most of their business during the summer (graduation time) and early autumn (Halloween). These types of businesses may be open all year long, but in the eyes of most lenders, they are considered seasonal businesses, because their sales increase during a certain time of year.
So can these “seasonal” businesses get unsecured business loans? The answer is yes. These seasonal businesses may still qualify to receive up to $500,000 in business cash when they apply for unsecured business loans. However, rather than submitting only four months of merchant statements, they will be required to submit 12 months of merchant statements. This way, providers will be able to review one year’s worth of credit card processing, reviewing both the high and low seasons.
Other seasonal businesses may also qualify for unsecured business loans. These can include ice cream parlors, swimsuit shops and even gardening stores.
To apply for an unsecured business loan, a seasonal business owner must simply complete a two-page application and submit the last 12 months of merchant statements along with a copy of his/her driver’s license, a copy of the business lease and a voided business check.
The information will be reviewed within 48 hours. Once approved, providers can fund accounts in as little as five business days.
Get a free online quote today!
- Related Videos
- Related Articles
- Ask / Related Q&A
- An Outline of Unsecured Business Loans
- Unsecured Business Loans- Giving New Heights to your Business
- Unsecured Business Loans Can Accelerate the Growth of your Business
- Unsecured Business Loans- Fund your Business
- Unsecured Business Loans Can Do Miracles for your Business
- Unsecured Business Loans – Risk Free Finance for Businesses
- Unsecured Business Loans: Collateral-free Money for Business
- Unsecured Business Loans: a New Horizon for your Business
Online Payday Loans: Payday Loans Are Accessible Online
By: Gil Tomson | 05/01/2010To make the most of internet you are provided with Online Payday Loans. These loans are bliss for the people who have no time to move to different physical lenders in search of loan. If you are in need, apply for Online Payday Loans.
Easy payday loans: Prompt finances for emergency expenses
By: Richard Kamau | 05/01/2010Easy payday loans are easy to obtain and are made available to applicants irrespective of their credit status. These loans are approved instantly, so that you can take care of the crisis without any hassles. In order to derive suitable offers on these loans, it is preferable to apply online.
Banks to take cue from RBI policy to decide rates: Kotak
By: Bhavana Jhingan | 05/01/2010Lending rates might move upward in the months ahead as credit growth picks up, but banks may take a cue from the RBI policy before effecting any change in their rate-structure, a top banker on Monday said.
Adverse Credit Loans: pertinent finance when you need the most
By: Richard Kamau | 05/01/2010Adverse credit loans are designed for those having serious credit problems and are not in any position to derive financial assistance. These loans are bifurcated in to secured and unsecured form. Moreover, the terms and conditions of the loans too are quite feasible and suit the prevailing circumstances of the applicant.
Installment Loans No Credit Check- Stress Proof Loan for Bad Creditor
By: Alveen Stuart | 05/01/2010Borrower’s burden is reduced by repay loan amount with many installment features. Installment Loans no Credit Check is best solution for those who can’t give loan payment in one installment.
Small personal loans: Avail a better life
By: William Hooker | 05/01/2010Small personal loans are easy way to get the best deal without any delay and formalities like faxing of the papers and less documentation. Absence of credit check and security makes the mortgage popular and common. Online application provides the fast and easy approval on time.
Quick cash loans: Quickly access cash to pay out sudden needs
By: David Williger | 05/01/2010Quick cash loans are a fabulous financial source available to cope with emergency on time. These loans offer quick financial help to satisfy various unforeseen expenses without delay.
Bad Credit Payday Loans: Goodbye to the scary poor credit score
By: George Barber | 05/01/2010Bad credit payday loans are an ultimate solution to the small cash deficits. These loans provide an instant thrust of the cash which is more then enough to satisfy their current thirst for money.
Can Los Angeles Small Business Owners Benefit from the Merchant Loan?
By: Chrystal King | 29/12/2009 | LoansSmall business owners in Los Angeles have a special business funding option available to them, that can help them keep their businesses afloat.
Merchant Cash Advance, Your Next Big Idea
By: Chrystal King | 12/11/2009 | LoansGetting a merchant cash advance to finance your business may be your best idea yet.
A Merchant Cash Advance Love Story
By: Chrystal King | 05/11/2009 | LoansOnce you discover the convenience and benefits of the merchant cash advance, you'll fall in love with it too.
Merchant Loans for Frozen Yogurt Stores
By: Chrystal King | 29/10/2009 | LoansIf you own a frozen yogurt shop and you could use some extra cash, apply for a merchant loan for the chance to receive up to $500,000.
Merchant Loans are Still Great Alternatives to Bank Loans
By: Chrystal King | 21/10/2009 | LoansSmall business owner have found merchant loans to be an excellent alternative to bank loans during this economic crisis. Here's why.
Restaurant Loans for Easy Business Cash
By: Chrystal King | 12/10/2009 | LoansRestaurant owners can get up to $500,000 in business cash when they choose restaurant loans.
Can a Halloween Store Get an Unsecured Business Loan?
By: Chrystal King | 07/10/2009 | LoansEven seasonal businesses can get unsecured business loans, with no collateral required. Find out how.
What is a Restaurant Loan?
By: Chrystal King | 06/10/2009 | LoansWith a restaurant loan from a merchant cash advance provider, restaurant owners can get up to $500,000 for their businesses.