Landscaping small business loans

If you’re looking for a small business loan for your landscaping business, we’re ready to help.  Whether you need to finance equipment for lawn care like mowers, chippers, and articulated loaders, or hire staff as the busy season ramps up, our financing partners create customized funding solutions for your needs.

When we say customized, we mean customized. Your landscaping company business loans can be used to:

• Cover payroll, hiring, and training during a busy season.
• Offset the impact of inflation.
• Repair equipment that breaks down.
• Purchase new trucks and machinery, and get them insured.
• Buy inventory and supplies including plants, soil, and uniforms.
• Market and advertise to bring new customers in.
• Acquire a competitor.

When you click here and provide a bit of information about your company and financing needs, our platform matches you with the best financial partners for your profile. If you see one you like, you can apply directly with them in minutes. So, if you’re ready to get the customized business loan your lawn and landscaping company needs, we’re ready to help you find the best fit.

While traditional small business loans can give lawn care and landscaping businesses some flexibility, there are specific types of financing that are easier to get approved for and simpler to pay off.

Knowing which type of business loan may be best for your needs before you apply can help save you time, money, and free up the funds you have available in your business bank account to take advantage of other opportunities. Here are a few of the options available through our partners.

Short-term business loan

Short-term business loans are temporary financing solutions with short repayment terms, often one year or less. These loans are perfect for quick funding needs such as covering unexpected business expenses when machines break and need repairing; leasing equipment or hiring staff for a large project; or keeping the business afloat during seasonal downtimes. 

Working capital loan

A working capital loan helps landscape businesses bridge gaps in cash flow by covering everyday costs. These can include stocking up on mulch, plants, and soil; equipment maintenance; gas; and employee payroll. This type of landscaping business loan can be used for operational costs, but it’s not suited for buying long-term assets or expanding the business. It’s also not designed for purchasing equipment.

Landscape equipment financing

Equipment financing helps landscapers pay for new or used equipment and upgrades that are critical to their business. Lawn levelers, soil compactors, and almost any type of new or pre-owned equipment may be financed, though this depends on the lender. Best of all, you can likely use the landscaping equipment being financed as collateral, making it easier for you to get approved while keeping other equipment you own available to secure other types of financing.

SBA loans

If you’re not in a rush to get financing and have been rejected for other types of funding, an SBA loan can be a great option. The interest rates are capped and depending on whether you go for an SBA 7(a), 504, or microloan, you can get anywhere from $50,000 to $5,000,000 to fund your lawn care business. Unlike other types of financing, these can take 1 to 3 months for an approval, so they are not ideal if you need funding fast.

Business lines of credit

A business line of credit gives your lawn care business access to smaller amounts of money on an as-needed basis, versus a business loan that may offer larger approvals but which will require you to reapply when you need more funds. While the amounts are generally smaller, your credit limit readjusts as you pay down the financing, meaning more funding becomes available to you. This makes a line of credit perfect in times when you know you’ll recover the revenue quickly. Use cases include paying for inventory and supplies, hiring a specialist, and covering utilities or monthly expenses when you know your accounts receivable will be able to pay off the financing.

There’s no shortage of financing options your lawn care business can access, and we make it easy for you to understand the best one for your needs.

The requirements to qualify for a landscaping business loan vary by financing provider. Traditional lenders, credit unions, government agencies, and alternative online lenders are all going to have certain minimum requirements that applicants need to meet to get funded. These may include a minimum amount of time in business (i.e., six months to a year), a minimum amount in annual sales, and an established credit score (from poor to excellent).

Regardless of the amount of time you’ve been in business, your annual revenue, and your FICO score, SmallBusinessLoans has solutions for you through our extensive network of trusted partners. Click here to see your matches now.