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◆ Industry

Nurseries and garden centres funding in Maryland

Immediate retail receipts against stock bought a season ahead.

✓ Checking what you qualify for does not affect your credit score.

MDFunded
500sScores placed
$10K–$350KRange
Same dayDecision

Why nurseries and garden centres in Maryland qualify

Nurseries and garden centres are classified under Nursery, Garden Center, and Farm Supply Stores, which is an eligible category. That takes industry off the table and leaves the same four things every file is read on: average daily balance against revenue, time in business, negative days and NSFs, and existing positions.

The cash-cycle problem

Immediate retail receipts against stock bought a season ahead.

In Maryland that usually means capital goes to plant stock, greenhouse structures, irrigation, delivery vehicles, seasonal staff.

Extremely seasonal; most of the year is made in spring.

What applies in Maryland

Maryland funds normally on every tier — no extra restrictions apply.

Most of this activity sits around Baltimore, Columbia, Germantown and Annapolis.

Vermont, North Dakota and South Dakota sit outside the lending area on every product. California and New York carry extra restrictions on the revenue-based tier.

Maryland has a real winter of two to three slow months, which shortens the trough for nurseries and garden centres without removing it.

The published thresholds

Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.

Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.

Renewal: 550 FICO, 2 years in business, once 50% of the original balance is repaid.

There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.

Line of credit $10,000 to $350,000, from 1% per month on the drawn balance, 2.49% per draw
Term loan $10,000 to $250,000, 0% origination, weekly payments, capped at 15% of annual revenue
MCA refinance $10,000 to $100,000 on a position with a balance of $100,000 or less
Maximum two existing positions; the line of credit can sit second
Same-day decision, next business day funding on a complete file
Average daily balance of $5,000, or 10% of monthly revenue, whichever is greater. Up to 3 negative days a month, 9 per six months and up to 6 NSFs a month, 24 per six months.

Questions

Do you fund nurseries and garden centres in Maryland?

Yes. Nurseries and garden centres are classified under Nursery, Garden Center, and Farm Supply Stores, which is an eligible category .

What credit score is needed?

There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.

How fast can funding arrive?

Same-day decision and next business day funding on a complete file — the application plus three months of business bank statements.

What if revenue is seasonal?

Extremely seasonal; most of the year is made in spring. Underwriting reads the average and the deposit count, not the peak month.

See what you qualify for

Same-day decision. Applying takes a few minutes and will not affect your credit score.