Direct Answer: How do beauty businesses get funding?
Salons and spas are ideal candidates for revenue-based financing because of their high volume of daily credit card transactions. Lenders can advance capital against these future receivables, providing immediate cash for inventory or equipment.
Competition is fierce. You need the latest equipment (new tanning beds, pedi-chairs) and premium inventory to keep clients. But equipment is expensive, and banks take months to approve loans for 'retail' businesses.
The Solution: Cash Flow Funding
We provide fast access to capital that lets you stay ahead of trends. Whether you need to replace a tanning bed or bulk-buy polish for the season, our partners approve based on your shop's volume.
How We Help Salon & Spa 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:
- Equipment Upgrades: Replace old tanning beds or massage chairs.
- Bulk Inventory: Buy products at a discount to increase margins.
- Seasonality: Cover rent during slower summer months.
Frequently Asked Questions
Do you fund booth rental salons? We fund the business entity. If the salon collects revenue and pays stylists, yes. If you just collect rent, we look at the rent deposits.
Ready to Move Forward?
Don't let a lack of capital slow you down. Apply today and see your options in 24 hours.