As the warm summer months end I can’t help but look forward to the first snowfall. Some people shudder at the thought of snow. Sure, the extra commute time dodging out of control vehicles, shoveling snow in the subzero temperatures, and the arrival of flu season can make anyone dread the winter months. However, for me and millions of other Americans, the snow season brings our favorite winter activities: skiing and snowboarding. Being from Kansas City it’s hard to fulfill my snow sport passion. The rolling hills and flat lands around the area are ideal for farming, it doesn’t provide much in terms of downhill skiing. Still, I go to the local ski resort every winter trying to squeeze every ounce of excitement out of the small 25-acre hill. Although fun, the local resort provides a mere warm-up for my annual trip out west to enjoy all of what the Rocky Mountain have to offer.

The ski industry brings in roughly 3 billion dollars/year in the United States alone. This is leading to an industry-wide positive outlook – in 2016-17, skiers hit the slopes over 54 million times. With per capital disposable income on the rise, Ski Resorts are projected to see increased revenue growth over the next five years (source). Increased demand, new technology, and equipment innovations have presented ski resorts with great opportunities for sustained long term growth.

However, like any opportunity, investments are needed to be successful. When it comes to ski resorts these investments can be rather large. Sno-Cat machines to keep trials well groomed, artificial snow makers to extend the snow season and hedge against low snowfall weather, the latest ski boots and snowboards to keep customers satisfied, and updated restaurants are all important investments for every ski resort, regardless of size. To afford the benefits of new equipment without depleting operational cash flow many ski resorts have turned to financing. Banks can provide excellent rates, but oftentimes do not understand the nature of the transaction. Instead, they focus solely on the credit picture to provide rigid structured options. On the other hand, equipment financing firms take a different approach. These firms can provide much more flexibility this includes: seasonal payments, longer terms, and flexible down payment options.

SLS Financial has provided financing options for over 30 years to businesses of all sizes. We love hearing your unique story and we share the same passion for mountain sports. If you’re in the process of updating or expanding your equipment; feel free to give us a call and see how easy and uncomplicated financing can be.

Brock Kimball


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