Salons and spas
Funding for salons and spas that run on repeat bookings
Salons and spas earn through many small card payments from clients who come back. Deposits are steady, but the big costs, such as new stations, a treatment room or a renovation, arrive all at once. Here is when an advance fits that pattern and what to check first.
merchant cash advance for salons and spas
Approval is never guaranteed. A funding partner makes the final decision.
What owners use funding for
- New stations or chairs, or an extra treatment room
- A renovation or refresh of the space
- Spa equipment such as treatment beds, steamers or laser devices
- Retail product stock ahead of the holiday season
- Hiring and training stylists or therapists before their client books fill
How money moves
Your model shapes your deposits. If stylists are employees, the service sales are yours and wages or commissions come out of them. If stylists rent chairs, your deposits are mostly rent, which arrives on a schedule and does not rise and fall with each client. Tell us which you run, or whether it is both.Steady appointments and daily card takings suit a fixed payment, once rent and payroll are already covered. How a merchant cash advance works
Does an advance fit?
It may fit when
- Card sales are steady week to week and your statements show it
- The money adds capacity you can fill, such as a chair or room with a waiting list
- You know what your January looks like and could cover the payment in it
- Chair rental income, if you have it, arrives reliably each month
It may not fit when
- A new station or room may take months to fill, and the payment starts right away
- Much of your sales depends on one or two stylists who could leave and take clients with them
- You are opening a second location with no sales history for it
- After rent, wages and product little is left, so the payment would be tight even in a good month
A worked example
Two new stations and a refresh
A salon adds two stations and refreshes the front of house so it can book more clients. The advance is repaid with a fixed daily payment. Most sales are modest card payments, and the slow day below is a quiet January weekday with several cancellations.
That is a noticeable share of a slow day. It stays the same however the day goes, so know your quietest week before you sign.
New stations earn only once they are booked, and the payment starts before that. Chair rental income, if you have it, arrives on its own schedule instead of daily. Check the payment against your quietest week, not an average one.
The factor rate and term are assumptions for the example, not a price for this kind of business. It assumes a fixed daily payment and no funding partner fee. A real offer may include fees. Illustrative only. Real offers, fees and payment terms vary by funding partner.
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General information only, not financial or legal advice. Approval is never guaranteed. A funding partner makes the final decision. Terms and eligibility vary by funding partner.
Know the cost. Then grow.
Tell us about your business in about two minutes. We will tell you whether an advance looks like a fit, and show the cost in dollars before you decide.
Approval is never guaranteed. A funding partner makes the final decision.