Boost your beauty salon or spa with a fast small business loan
Whether you need financing for your general beauty salon, day spa, hair salon or nail salon, there are quick and easy small business loans available. Salon and spa industry market is dynamic; beauty trends change and so does the needs of the salon and spa owners. Maintaining a positive cash flow against inconsistent and high overhead costs; financing salon or spa equipment, furniture or inventory; funding business expansion or renovation, etc. during all seasons is difficult. During such cash crunch, external business funding or working capital is of immense help to small spa and salon businesses.
Beauty salon and spa businesses are in constant need of working capital for things that are imperative to keep the customers coming. For funding such urgent requirements, many beauty salon or spa merchants rely on traditional mode of financing- bank loans or government loans for salons and spas. But, very soon they realize that to get a traditional business loan for beauty salon or spa is not easy because majority of the financial institutions such as banks and credit unions consider salon and spa industry, a risky business. Besides, even private business lending companies feel reluctant to offer beauty salon financing. However, today contemporary salon funding and beauty parlor loans are easily available through alternative methods of financing business.
Salon financing and spa loans from Business Advance Lenders
If bank loans and other government grants for beauty salons have disappointed you, then do not lose hope. Need super-fast funding for your salon or day spa? Get financial help from Business Advance Lenders, the legitimate small business loan company that has been supporting merchants through flexible financing solutions online. Understanding the seasonal nature of your small business and also the challenges you face in obtaining business funding from conventional loan lenders, we provide a convenient and easy online financing for beauty salons, hair salons, nail salons and day spas on relaxed loan terms and at competitive rates.
Here are the main advantages of salon and spa loans:
Simple Loan Requirements - To qualify for our salon and spa loans, your small beauty business should be at least six months old and be able to generate gross monthly sales of minimum $5000.
High Approval Rate - We approve your salon or spa loan request based on the strength of your business performance and not on your personal credit score. Thus, our high loan approval rates ensure guaranteed business financing to you.
Unsecured Business Loans - There is no collateral or personal guarantee required while you apply for beauty salon loans or spa financing with us. You can secure funds for business without pledging your business and personal assets.
No Perfect Credit Required - Lack of an excellent personal credit score should not stop you from availing financing for your small business. Therefore, to promote a fair second chance for poor credit borrowers, we have been offering beauty salon and spa finance with bad credit or low credit.
Easy Online Application - Our spa and salon financing application can be accessed 24/7 over a safe and secure online platform, ensuring complete privacy of your loan details.
Quick Loan Approval - There are no hard credit checks or verification process involved. If your small beauty business meets our loan eligibility criteria, you can receive the approval in minutes.
Fast Funds in 24 Hours - Once you are approved the small business financing, you can have the required capital deposited directly into your bank account within 24 hours of approval or at the maximum by next business day.
Transparent Lending - There is no origination fees and no prepayment penalty. All the loan terms and rates are stated upfront. Hence, there are no surprises in the end.
Who can benefit from beauty salon and spa finance?
Both salon professionals and spa owners can take advantage of business financing solutions from Business Advance Lenders. In general, with our working capital loans, you can prepare for peaks in business or improve cash flow during the slower times between the wedding season and the holidays. Beauty salon and spa capital loans can also help you in financing business expansion, advertising campaigns, website redesigning, investing in reclining chairs, payroll, etc.
For Beauty Parlors or Salons - Small business loans for beauty salons or parlors are a great choice for funding salon sinks, equipment, chairs and also financing purchase of salon furniture. You can use beauty salon financing for hiring additional beauticians; investing in beauty training programs; purchasing beauty supplies, etc.
For Hair Salons - Our loans for hair salons give you access to fast money so that you can fund varied needs of your salon styling station. Hair salon financing helps you fund purchase of barber chairs or styling chairs; avail discount on salon furniture; finance shampoo bowls and salon trolley; buy hair salon equipment or barber equipment for cheap and do much more.
For Nail Salons - Nail station (both manicure and pedicure stations) requirements are many. With our salon or spa loans, you can finance renovation of your pedicure and manicure studio. You can buy those much awaited “manicure and pedicure chairs or tables for sale”; hire professional nail technician; grab discounts on nail salon supplies from wholesale beauty store; invest in nail salon furniture; finance manicure or pedicure equipment, etc.
For Day Spas - Our spa finance solutions are customized to the exclusive needs of your day spas. You can use spa loans to buy used or new spa furniture, equipment, hot tubs, massage tables and also hire massage therapists. With both hot tub prices and its demand increasing, many hot tub spa owners are finding it difficult to obtain affordable hot tub financing quickly, typically due to their poor or low credit scores. However, there are companies like us that offer hot tub financing with bad credit and no hard credit check. So if you want to borrow fast cash, then spa hot tub loans online from Business Advance Lenders are the better option