Beauty salon equipment financing is a great alternative to buying. Small Business Funding can help you secure capital to purchase any type of salon equipment which can help your cash flow. Keeping your capital in house won’t affect your day to day operations. A short term merchant cash advance or perhaps unsecured business loan would be a great option.
What Small Business Funding Can Do To Acquire Your Beauty Salon Equipment Financing
One application and 3-6 months of bank statements and merchant statements (only if you process credit cards) is all that is needed in order for Small Business Funding to get you an approval in less than 24 hours. With this information we would be armed with enough information to help us determine which lender would be a best fit for your needs. Often we will find several alternative lenders. Regardless of how many we feel will provide the best deal you can be certain we will get it for you. Beauty salon equipment financing using Small Business Funding will allow you to concentrate on your business while we provide all the leg work and negotiating on your behalf.
Types of Beauty Salon Equipment Financing
Beauty salon equipment financing can come in several forms including a business cash advance, unsecured loan, or asset based loan. Each have their own pros and cons but all are alternative loan types. What they will all have in common are that approvals are not based on credit score but rather on overall business performance. If you have a discharged bankruptcy you can still get funded. Alternative lenders look beyond poor credit and more toward your daily cash flow, your industry, your experience, and how well you run your company. The rates are higher than traditional loans but they are riskier. The terms are much shorter also. Expect 12 months or less. The purpose of this type of beauty salon equipment financing ultimately is to let you keep your capital free and so as to not affect your cash flow.
To see how much beauty salon equipment financing you can receive click here or call 1-800-742-2995