Beauty Salon Financing
Finance for Beauty Salons
Running a beauty salon or other small business in the beauty industry loans you unique challenges and requirements every day; purchasing beauty salon supplies, hiring staff and investing in new equipment such as chairs and mirrors are all crucial elements of running a business that require access to beauty salon funding programs.
Depending on what product brands you use, you may be spending thousands of dollars a month on supplies alone, not counting equipment like barber chairs, sinks and hairdryers or employee salaries. Salon owners looking for financing can have trouble getting cleared by traditional banks, or may not be able to wait over a month for beauty salon improvements that they need funded as soon as possible.
Horizon Business Funding is proud to offer bad credit business loan alternatives that are perfect for beauty salon growth. We offer funding that can appear in your bank account in as little as one business day that can help you expand your enterprise, regardless of existing loans, bad credit or any other issue that may have prevented you from getting a business loan in the past.
We need no personal guarantees of collateral or property in order to give money, so you are never forced to put your equipment or physical location on the line. Our only requirements are that your business be at least 2-3 months old and be able to prove gross monthly sales of at least $15,000. Within these criteria, all business owners are encouraged to apply.
We are able to offer unsecured loan alternatives because we are not a traditional bank, we are a direct funder offering merchant cash advances to small business owners across the country who need a quick and trustworthy source of capital that won't discriminate based on credit score or "high risk loan" industry.
What You Have:
- Bad credit, existing loans, a high risk designation or any issue banks use to disqualify applicants.
- A business you have been operating for at least 2-3 months. No startups.
- Monthly gross sales of $15,000 or higher.
- Interest in direct capital financing to improve or expand your beauty business.
What We Need:
- You to fill out the form on the right of this page.
- The completion of some easy steps that a representative will help you do over the phone.
- You can live chat with a representative on this page as well.
What You Don't Need:
- Financing for your beauty salon or spa that takes ages to get, while opportunity is wasted.
- Demands for collateral or ties to your location which you could lose.
- Restrictions on how you can use the money you apply for.
Does this sound like what your small business needs? Then our beauty salon and spa funding program could be just what you're looking for.
Apply now by filling out the form on the right of this page.
What is beauty salon financing by merchant cash advance?
In the spirit of keeping things simple, we've collected points on merchant cash advance and the reasons it's a great alternative to traditional loans for salon and spa owners by showing where Horizon's financing programs and the needs of small business entrepreneurs meet.
How Beauty Salon Financing works.
When salon and spa owners would like to purchase a new piece of equipment, hire a new stylist or manager or improve their business in any way, they need liquid cash to do it. However, usually they cannot take the money out of their business cash flow or personal savings to finance these large expenditures. That's where a liquid cash infusion from Horizon Business Funding can assist you. By simply completing the application on the right of this page, one of our professional representatives will contact you shortly to guide you through the few steps it takes to have cash for your various projects appear in your bank account, potentially within 48 hours from when you apply. Cash amounts range from $1,000 to $1,000,000.
Additionally, once your initial advance is 70% paid back, salon or beauty business owners can refinance for up to 200% of the amount they originally received.
Each cash advance is customized to best fit the needs of the business owners we work with and reflect their individual needs and goals. After you receive your beauty salon financing, we will deduct a small percentage of your daily sales until the balance is paid back. Since we understand that business can slow down, our repayment is based on earnings so your cash flow isn't overly strained. We aim to create a relationship that your beauty business can access whenever you need direct capital financing.
Find out how much cash can appear in your bank account in as little as 48 hours. Apply now.