Your Beauty Business Easily Financed With Merchant Cash Advance Loans
the need for beauty salons increases, their need to enhance
sophistication and quality of services also increases at the same
time. If you belong to the beauty business industry, you are well
aware of how difficult it is to acquire small business loans for
salons and spas. Banks will not want to lend to small retail
businesses such as yours because of the involvement of direct cash
instead of check or EFT. Beauty salons, hair salons, nail salons,
spas and massage parlors have their own challenges as well as their
own opportunities and given a chance in the form of good working
capital and additional funding, these businesses can flourish in no
time. So what will a potential business owner like you do? Try your
hand at Merchant Cash Advance Loans.
of funds? Not a problem with us!
understand how tricky the beauty business industry could be. There
are low-profit cycles and high-profit cycles that tend to be
completely unpredictable. We have been dealing with beauty salons and
spas up to $250,000 and more in loans and we know where and how to
make the right choice for you. If you are still in the budding stage
of your business, we suggest you take a loan for 12-18 months. We
have had clients with a history of bad credit but since our approval
rates are very high, we had no trouble given the salon approved in 10
banks that only lend money to business owners that have a shining
track record or bills and previous loans, we have lenient credit
score requirements and do not even ask for your history before
finalizing the loan.
your NSFs i.e. non-sufficiency of funds is high, you can easily apply
for a loan with us and we will be more than happy to help.
will you require this Merchant Cash Advance loan?
beauty business industry has a number of requirements that a merchant
cash advance loan can take care of. When you have your own nail
business, you will need things like manicure stations, UV drying
lights, pedicure chairs, nail polishes and acrylic nail kits. A prime
location to host your business is also one of the major requirements.
add these new products or services and to finance the purchase of
these equipment, you require business cash advance and alternative
business funding solutions. These are the areas that we specialize
in. We will offer you business funding with little or no collateral
and simple paperwork. We have a simple application process and you
will receive the funds in your account within 48 hours.
an all-in-one beauty salon, your requirements can include massage
tables, spa chairs, showers, tanning booths and hot tubs. There are
other costs like skin care lotions and creams, towels and laundry,
maintenance of equipment and the cost of keeping the salon appealing
and inviting. You should always be aware that the first year is the
toughest in this industry. Unsecured business loans are what you
should aim for and even if you have bad credit history, we are ready
to lend. While you may pay higher interest rates, it will prove to be
worth the investment made.
are lenders out there willing to offer 2nd,
as well as 5th
funding positions but opting for the 1st
or the 2nd
position helps you stay safe and secure. The rest of the positions
will require higher interest rates and the loan terms are also
shorter than the first position.
rate into APR
you approach a company for a merchant cash advance loan, you
calculate its true cost by its APR. Merchant cash advances are only
worth their price if you are confident about the repayments without
harming your cash flow. Always convert Factor rate into APR before
considering taking on a merchant cash advance loan.
can we help?
alternative funding solutions can benefit you in the following ways:
you have bad credit history or a low credit score, we will easily
accommodate your need for a business loan. Unlike banks, we do not
have stringent credit policies.
do not require you to put up collateral to receive financing for your
analyze your weak and strong months of business and that is how we
gauge the potential.
suggest you let us assist you on your journey of growth and new
findings in the beauty industry. Do not quit on small business
financing simply because you have had trouble in the past and have
been denied help. We have a team of advisors who will help you
realize your dream of making your beauty salon the most inviting and
the most profitable of all that you have ever witnessed.