According to the National Gardening Association, more than 75.0% of households participate in some form of landscape maintenance. This includes seasonal cleanups, mowing, plant fertilization, weed control, cultivation activities and a host of other landscape-related projects. Consistent maintenance is integral to maintaining the ambiance of a community. In fact, residents and prospective residents perceive cities and properties with well-maintained landscapes as more desirable places to live. Additionally, landscaping can add up to 14.0% to the resale value of a building and speed its sale by as much as six weeks, according to the Associated Landscape Contractors of America.
As a small landscape company owner, many of you face similar challenges. Generating profitable sales and finding good employees always seem to be at the top of the challenges list. But managing cash flow remains the biggest obstacle in stabilizing your business finances in order to grow to the next level.
It's estimated that more than 75% of landscape business owners are using cash flow to fund growth. Most owners find this to be a delicate balancing act of timely billing, wishing customers pay promptly, and hoping that the trip to the mailbox is stuffed with checks. The question is: Does growing your business really need to be so stressful financially? The answer is no!
In getting your landscape company eligible for business loans, you must grasp what banks need and expect. Most company owners think a bank line of credit is the easy answer to smooth out their cash flow. However, qualifying remains a challenge for many, if not most, landscape companies. While banks have raised their credit standards since the downturn in the economy, private companies shouldn’t give up. LVRG Funding is a local small business funding company, that provides the necessary cash flow to sustain, as well as grow Metro Detroit's landscaping companies.
We offer small business loans to the following sectors of Metro Detroit's landscape professionals:
• Landscape Design and Construction
• Lawn and Landscape Maintenance
• Tree Care
• Pest Control
• Snow Removal
• Suppliers to the Green Industry
Your busy season is here. Get the funding your landscaping business needs today!