Running a seasonal business is all about planning. This is especially true when it comes to finances. Businesses with seasonal operations, such as those in the tourism and agriculture industries, may have difficulty meeting financial obligations in slow times. Because fixed costs don't go away in the offseason, seasonal businesses need to pay special attention to how they manage their cash flow.
Whether you run a ski resort, a farm, or a food truck, you’ll find your income and expenses fluctuate drastically depending on the time of year. During slow times, you may need extra money to get you through. Or perhaps you need additional working capital to invest in equipment or hire and train more employees because you’re suddenly extremely busy. Community Futures Wild Rose offers a solution through its Quick Cash and Working Capital Loans. These cashflow loans can be accessed to offset slow times or used to prepare for upcoming busy business seasons. So, whether you are a retail store needing to invest in inventory or a snow removal service needing to upgrade your equipment, Community Futures Wild Rose can give you the financial support you need through our small business loans.
Small businesses and entrepreneurs in rural Alberta can take advantage of Community Futures' affordable loan options, ranging from $500 to $150,000. Check out our Loans today.
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