Beauty Salon Financing Through A Merchant Cash Advance

No one is saying that beauty salons are recession-proof, but they certainly are recession-resistant. While do-it-yourself beauty treatment sales are up, so are salon visits. Resiliency during a recession makes beauty salons a business worth looking at, but banks aren’t interested in lending money right now. If you’re looking for beauty salon financing, Rapid Capital Funding can help.

A merchant cash advance isn’t a loan; it’s a business loan alternative that makes sense for businesses like beauty salons.

With a merchant cash advance, you sell a portion of your future credit card transactions. In return, you get cash up front, without the hassles that typically come along with borrowing money from a bank. There are no long application forms, no waiting to find out if you’ve been approved, and you don’t have to put up collateral.

Better still, there are no monthly payments to make. Each transaction you process helps to repay your merchant cash advance. You get the beauty salon financing you need without having to explain what you’re going to do with the cash. You have no monthly payments to make and your repayment schedule depends upon your business cycle. When transactions are high, your merchant cash advance is repaid faster. When your business slows down, so does your repayment. You don’t have to commit a fixed amount of cash each month to repaying your merchant cash advance.

Contact Rapid Capital Funding today and let us show you why a merchant cash advance is the right business loan alternative for you!

Photo Credit: Jeremy Brooks

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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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