Are You Seeking
Whether you own or operate a business in the beauty industry that is getting off the ground, or has been in business for a while now, a beauty industry business loan will be able to offset surprises. The small business loans we offer are custom tailored for your unique industry and will help scale your business.
Beauty salons & spas face many cash flow challenges throughout the years and must be able to meet the obstacles that arise. This type of business is upscale by nature and needs to maintain a completely pristine appearance at all times to attract customers. On top of keeping up with appearances, making sure you have the adequate equipment for your business is crucial to surviving in this competitive industry. As you know, standard equipment is not cheap, and any emergency repairs or replacements need to be taken care of immediately. This industry is very competitive, with beauty salons around every corner, you need to make sure yours is the one everyone is talking about. With a small business loan from Sutton Funding, your business will be everyone’s’ goto for their beauty need
Funding in as little as 24 hours
No Spending Restrictions
Lower Upfront Cost
Fund Inventory Sooner!
The Beauty industry has been especially beneficial to women and minority entrepreneurs, as 61% of all beauty salons are women-owned businesses (as opposed to 30% of private sector small businesses). This industry is increasingly competitive and forces salons to offer a wider variety of services and products. As you broaden your business, having the right equipment for the services you now offer is beneficial to your business because it will keep customers coming back. This means most beauty salons and spas require additional equipment such as massage tables, spa chairs, tanning booths, showers, skin care products, etc. Without the proper capital, having these necessary additions could seem nearly impossible. Sutton Funding is determined to give you the financing you need to keep your business looking pristine, glamorous, and welcoming. Apply today for a beauty industry business loan.
Discover Financial Options You Never Knew You Had…
Access working capital for equipment, inventory, renovations, or expansions.
Lump sum of capital you repay using a portion of your daily credit card transactions.
Smaller sum of money you pay back, plus interest, with daily payments over 3 to 18 months.
Cash available for the day-to-day expenses of running a business and is a measure of both a company’s efficiency and short-term financial health.
Loan to help you afford new business equipment right away by using that equipment as collateral.
Borrow money for working capital, purchasing inventory or equipment, refinancing other debts, buying real estate, or even funding the acquisition of other businesses.
With invoice financing, you could get a fast advance of about 85% of the value of your invoices, with most of the other 15% paid to you later.
A Business Line of Credit works almost like a credit card, except you get access to cash and lower APRs. A line of credit is an arrangement with Sutton Funding that establishes a maximum loan the lender will allow the borrower to take. You can withdraw funds (as low or high as you wish) on the line of credit at any time, as long as you don’t exceed the maximum set in the agreement.