Beauty Salon Financing: Business Loan Alternative

If you own a beauty salon and you are worried about the recession, you may be surprised to learn that many salons are doing just fine. In fact, some salons have expanded their businesses to include massage therapy and yoga to meet customer needs. Finding beauty salon business financing can be tough these days, but for business owners who are willing to take a chance, the payoff of expanding your beauty salon business can be handsome.

If you’ve approached a bank for a business loan and have been turned down, or have less-than-stellar credit but still want to take advantage of this surprise opportunity, consider a merchant cash advance from Rapid Capital Funding.

A merchant cash advance is a business loan alternative that’s ideal for small businesses who may otherwise not qualify for a business loan from a bank. With a merchant cash advance, there are no fixed monthly payments, no collateral - not even a payment due date! How is this even possible?

With a merchant cash, you factor a portion of your future transactions. Rapid Capital Funding will buy a portion of your transactions and in exchange, you get the beauty salon financing you need to expand your business, hire new staff, add new equipment, lease new space or whatever else you might need to take advantage of this opportunity.

Good credit isn’t a strict requirement; in fact, your credit really doesn’t factor into the equation. If your business is based in the US, accepts Visa or MasterCard and generates at least $2,500 per month in credit and debit receipts, you’re likely qualified to receive a business loan alternative based on as much as 1.5 times your monthly credit and debit receipts.

Yes you can expand, even in a recession. Contact Rapid Capital Funding today and see how you can turn your credit and debit transactions into the beauty salon business financing you need to make your business grow!

Photo Credit: Jennifer Brown

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