Pumpkin Spice Lending? ABL & Seasonality
Pumpkin spice: valuable or not?
Judging by its faithful reentry into American culture every fall, its worth (to many) is high.
But let’s say you’re the company that manufactures the flavor year-round. You stockpile the shelf-stable syrup before delivering it to clamoring hordes in the fall.
Now, what if you require a line of credit in March? To many lenders, your business’s seasonality is a problem. Your treasured nutmeg-scented inventory could be deemed worthless.
Not so at Sawgrass Finance. Our asset-based lending model takes inventory into account and considers factors others don’t – like seasonality.
Pumpkin-spice hurdle? PSL frenzy can continue without interruption, thanks to the power of ABL.