Purchase Salon or Spa Inventory
Offer customers hair products, beauty treatments, or skin care products.
How Beauty & Wellness Business Loans Can Help You
As a salon professional, you want to give your customers the best beauty experience possible. That means offering great products and services like premier hair care products and hiring an exceptional staff of beauticians. You may wonder how you will be able to afford the costs associated with a top-of-the-line experience. Hair salon financing is one easy way to get the working capital your salon or spa needs. Small business funding can also help you pay for monthly expenses while investing in the growth of your beauty and wellness business.
Pay Monthly Bills
Keep the lights on and the water running each month with cash to pay your monthly utilities.
Hire the Best Wellness Employees
Hire the best hair stylists with hair salon financing to help with payroll.
Finance Beauty Equipment
Upgrade your salon equipment with new salon stations or shampoo bowls.
How to Apply
Apply
Submit your application securely in minutes.
Connect
We’ll discuss the right
financing option for you.
Fund
Receive financing and start
growing your business.
Why SpringFi
Getting the funding you need to run your beauty salon or wellness spa successfully can be confusing and difficult. Many traditional lenders only offer beauty business loans after a lengthy application process and several weeks of waiting for approval. If you’ve got invoices or employees to pay now, it’s just not possible to wait. That’s why choosing a funding partner with experience financing health and wellness companies might be your best option. At SpringFi, we offer business loans for spa and salon owners with a quick and easy application and approval process. Let one of our Funding Specialists get to know you and your business needs to customize a business loan for hair salon companies to your unique goals.
Beauty & Wellness Business Resources
An Beauty & Wellness business loan is an investment in the growth of your company — but securing financing is only a fraction of what it takes to manage your finances. We’ve put together a list of resources to give you the whole story on loans, taxes, and managing the financial health of your company.
Quick solution with minimal documentation.
They are based off of your business cash flow without the needs of any asserts or collateral. having a low credit score or tax susses is not a deal breaker.
What Clients Say About Us
Frequently asked questions
If you have a query regarding a loan then we are here to your help you can arise your query also.
There are no restrictions on the usage of your funds. Once you’ve received funding, you can use it as you see fit.
The first step to receiving funding is filling out our online application. Once filled out, we’ll get in touch with you to discuss your financing options. Depending on your business needs, you may be eligible to receive funding with the documentation provided in your application. In the case a financing option requires additional documentation, we’ll let you know. Once you’re approved, you can expect financing in as little as 24-48 hours.
Bad credit isn’t normally a deal breaker. Your financing options are based on business cash flow. If your business receives over $5,000 in gross deposits, we encourage you to apply.
Once your application and bank statements are submitted, it only takes 4-10 hours to receive a decision from underwriting. If you accept the offer, we can have the funds in your account in as little as 24 hours.
We can typically finance anywhere from 100% to 200% of your average monthly gross deposits.
Once approved, you’ll receive funding in a few hours. Normally we can fund within 24 hours of receiving the application and banking statements.
There are no penalties for early payment. In some cases, we offer discounts for paying your loan off early.
Yes, we can consolidate existing loans into one note. And we can also fund advances while having existing ones without paying them off. There are options.
Fill out our online application or contact us directly, and one of our representatives will be happy to assist you. Feel free to call us at (347) -778-5195