Direct Answer: What funding is best for barber shops?
Barber shops often benefit from Merchant Cash Advances (MCAs) or revenue-based funding. These options provide a lump sum upfront in exchange for a percentage of daily credit card sales, which adjusts automatically if you have a slow week.
You want to upgrade your shop's vibe or add more chairs to increase revenue, but you don't have $20k cash sitting in the bank. Banks don't like cash-heavy businesses or lease-based models.
The Solution: Cash Flow Funding
Fairly Funded connects you with partners who understand the barber industry. We look at your total deposits and card volume to get you approved for renovation or expansion capital.
How We Help Barber Shop Funding
Fairly Funded connects you with partners who understand your industry. We look past the FICO score and focus on the health of your business.
Key Use Cases:
- Renovations: New flooring, lighting, and stations.
- Equipment: High-end chairs ($2k+ each) and better tools.
- Marketing: Instagram ads to fill those new chairs.
Frequently Asked Questions
I rent my chairs to barbers. Do I qualify? Yes, as long as the shop itself has a business bank account with consistent deposits from chair rent or split sales.
How fast can I get the money? Typically within 24 to 48 hours after submitting your bank statements.
Ready to Move Forward?
Don't let a lack of capital slow you down. Apply today and see your options in 24 hours.