|Funding Size||$2,000 - $350,000+|
|Funding Terms||3 to 24 months*|
|Payment||Automatic daily debits from your business bank account / merchant account|
|Collateral||No personal collateral required. Pledge of only business assets|
|Timing||Your quote will arrive as fast as 24 business hours and money in your account as fast as 3 business days.|
|Eligible Business||Oil companies and over 200 other business types from accountants to doctors to construction, retail and manufacturing|
|Use of Funds||Can be used for most business purposes|
|* SBA programs with longer terms available for qualified applicants|
Small Business Funding for Salons
Salons and spa businesses traditionally have high cash needs to maintain day-to-day operations. Location rent, equipment, products and labor all take a toll on the regular income of the salon or day spa business. Although the initial startup may require the most money, ongoing operations typically require continued cash investments until the business is well established. Added advertising, location renovations, more staffing and other periodic expenses also continue to require cash infusions at pretty regular intervals. The need for business funding for salons may arise for any one of these or several other reasons, but for whichever of these needs comes up you still have to find the best source of funding and most times that is much easier said than done.
Getting a conventional bank loan for a salon is usually somewhere between very difficult and impossible. Even if the bank tells you that you are a good candidate for small business funding with them, they require mounds of paperwork and hours upon hours of your time that you should be using to run your small business. Once the process starts, it can be several weeks or even months before you get the funding you need, which puts your projects and needs even further behind.
Small Business Funding for Salons - Fast and Easy with LendDeck.com
It's a well-established fact that getting business funding for salons is often difficult when using traditional channels, but getting your small business financing can now be simple and easy with the availability of alternative funding companies like LendDeck.com. You can start now by completing the short online form above and as long as you meet minimal qualifications, (NO minimum credit score required), one of our account executives will contact you to walk you through the rest of the process step-by-step. There is very little paperwork required and you could have your cash request funded in just a few days rather than the weeks or even months it could take with a traditional lending institution.
There are no minimum credit card processing nor hard assets required as collateral. At LendDeck.com we look at the entirety of the business and its daily cash flow in order to make a favorable decision for your salon business funding. Although LendDeck.com doesn't fund startup businesses, any business with at least 1 year of operations and cash flow can be considered for a small business funding. Get started now by completing the short form at the top of this page.