Beauty Salon Business Loans

Loans to keep your finances looking as good as your clients
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Where beauty salons come for business loans

We’ve helped many beauty salons secure the financing they need for their business. Our easy, 15-minute application gives you access to a network of 75+ lenders. See your options
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Beauty Salon Business Loans

Running a beauty salon presents a unique set of challenges. You have to attract new clients, keep employees motivated, and deliver exemplary customer experience. You don’t have to add financing to your list of challenges. If you know which loans are best suited for your needs, then securing a business loan for your beauty salon can become a piece of cake. 

Business Term Loans

Likely what you imagined when you first searched “beauty salon business loan,” a business term loan is a classic. You can borrow a set amount that you’ll repay in steady increments over the term of the loan. Business term loans are an attractive option for established businesses because of their usage flexibility. You can use a business term loan for anything from increased working capital to renovation/expansion or equipment repair needs. 

SBA Loans

Backed by the US Small Business Administration (SBA), SBA loans come with alluring interest rates and loan terms. What you can use the funds for depends on which loan you apply for. Several loans fall under this umbrella, including the SBA 7(a) loan, SBA 504 loan, and SBA Express loan, and the specific loan type determines how you can use the funds. The affordability of these loans can make them a financial asset for beauty salons, as long as you plan correctly. SBA loans are competitive, require more paperwork, and come with a longer lead time to funding, so they’re best used when you don’t need capital right away. 

Business Lines of Credit

Capital when you need it, freedom when you don’t. A business line of credit can prepare your beauty salon for whatever surprises might come its way. With a business line of credit, you can borrow as much as you need against a predetermined sum. Repay and repeat—only paying interest on the funds you borrow. 

Short Term Loans

When you need capital quickly, a short term loan can help bail you out of a jam. Funds can be available in as little as 24 hours, making it an ideal financing solution when time is of the essence. 

Equipment Financing

Running a beauty salon requires equipment. You can finance those equipment purchases and repairs with a loan specifically designed to meet that need. An equipment loan can help you buy everything from a shampoo station to computer equipment. Equipment financing is a secured loan type, meaning that the item you’re purchasing acts as collateral for the loan, which can make it a more accessible loan type for borrowers. 

Commercial Mortgages

If you want to purchase a space for your salon or refinance, you won’t find a better solution than a commercial mortgage

Business Acquisition Loans

A business acquisition loan can help you purchase an existing beauty salon so you don’t have to pass up the opportunity just because you don’t have the cash to cover the purchase. 

Business Credit Cards

Business credit cards help beauty salons build business credit, helping them qualify for other forms of financing in the future, while they earn rewards for everyday purchases. 

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How to Apply for A Beauty Salon Loans

Applying for a business loan can be a cinch. Our single application can be completed between appointments and gives you access to a network of 75+ lenders. Instead of getting locked into working with one lender, our marketplace gives you the power of choice, and our dedicated funding managers will walk you through your options so you can make the best choice for your business. 

Apply Now

Complete a single, 15-minute application to secure the funding you need for your beauty salon. 

 

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