Moving Company Merchant Cash Advance & Business Funding
Merchant cash advance for moving companies.
Moving companies can get a merchant cash advance, and the season matters. National staffing climbs from a January low to a July peak, when most moves happen. An advance can add a truck or a crew for summer, but a fixed payment has to carry through the winter too. Deposits taken at booking help smooth that.
How do funders read moving companies?
Funders read the full-year cycle, so a company with only one summer of statements gets a closer look. Booked deposits for the coming season can help.
How does money come in for moving companies?
Customers usually pay a deposit by card when they book and the balance at delivery. Corporate relocation work is invoiced. Storage fees add a smaller monthly stream.
Which months are slowest for moving companies?
This table shows how many people private used household and office goods moving (NAICS 484210) businesses employed each month, as an index where the year's average is 100. It comes from the Bureau of Labor Statistics Quarterly Census of Employment and Wages, the most recent full year available. Staffing is a stand-in for how busy a business is. Deposits can move more or less than headcount, so read it as the shape of the year, not your numbers.
| Month | Staffing index (average = 100) | |
|---|---|---|
| January | 94 | lowest |
| February | 95 | |
| March | 96 | |
| April | 99 | |
| May | 103 | |
| June | 107 | |
| July | 109 | highest |
| August | 106 | |
| September | 101 | |
| October | 99 | |
| November | 97 | |
| December | 95 |
The low point is January at 94.4 and the high point is July at 108.5, a swing of 14.1 points. The summer peak follows the moving season.
| Quarter | Total payroll index (average = 100) |
|---|---|
| Quarter 1 | 92 |
| Quarter 2 | 100 |
| Quarter 3 | 105 |
| Quarter 4 | 103 |
Payroll by quarter can rise at year end for reasons like bonuses and overtime, not only more work.
What do moving companies use merchant cash advances for?
- A truck or trailer for the summer peak.
- Seasonal crew hiring.
- Storage warehouse improvements.
- Packing supplies.
- Insurance and licensing.
What does an advance payment look like in a slow month?
Say a business like yours deposits $100,000 in an average month, and a funder sets a fixed payment of $10,000 a month, 10% of that average. If deposits follow the staffing curve above, here's what the same payment takes in the slowest and busiest months:
| Deposits | Fixed payment | Share of deposits | |
|---|---|---|---|
| Average month | $100,000 | $10,000 | 10.0% |
| January, the slowest | $94,400 | $10,000 | 10.6% |
| July, the busiest | $108,500 | $10,000 | 9.2% |
The payment doesn't change, but in January it takes 10.6% of deposits instead of 10%. Ask the funder to size the payment on the slow months, or ask how reconciliation works before the slow season starts.
Which funding options fit moving companies?
Each page runs one option against this industry's slow months.
Same-day merchant cash advance for moving companies
Money the same business day for an urgent cost, with the fixed daily debit measured against January.
Business line of credit for moving companies
A draw sized for January, repaid in thirds, with the interest on the balance worked out.
MCA consolidation for moving companies
One payment in place of two, with the share of deposits before and after in January.
Second position MCA for moving companies
What a second advance adds on top of the first, and what both payments take from deposits in January.
Revenue-based financing for moving companies
A remittance that moves with revenue, so January sends less, and the months to reach the repayment cap.
Run a business like this?
Tell us your slow months up front and we'll look for funders that size for them. Call 877-FUND-654 with any question. We call you back, usually the same business day, and we always talk with you before we shop your file.