Simply Approved Corporation

Salons & Spas business loans

Salons and spas access working capital and equipment financing for chairs, lasers, and renovations — with revenue-based approvals based on credit-card deposits.

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Industry overview

The US has more than 86,000 hair salons and 30,000+ medspas/day spas (Census County Business Patterns). The industry is highly fragmented and almost entirely card-funded — average credit-card share of revenue is 80%+ — which makes revenue-based working capital and MCAs perfectly fit.

The high-ticket equipment story is medspa: CoolSculpting, IPL, fractional CO2, EMSCULPT, and hair-removal lasers run $80k–$300k per device. Equipment financing at 100% with 60-month terms is the standard play.

Buildouts and rebrands typically use term loans of $50k–$250k with 1–3 year amortization.

Common funding needs

  • Chair and equipment upgrades
  • Laser and aesthetic devices
  • Buildouts
  • Marketing pushes

Salon and spa owners fund equipment, renovations, and growth with same-day approvals.

Pros

  • Daily card volume = easy revenue-based approval
  • Medspa lasers finance at 100% with 60-month terms
  • Same-day funding for clean files
  • Renewals after 50% paid down on MCAs

Cons

  • Daily MCA debits are aggressive for a stylist-led shop without strong card volume
  • Used medspa devices over 5 years old often require more down
  • Manufacturer leasing programs sometimes beat third-party financing — always compare

Common mistakes to avoid

Financing a laser without verified demand

Run a 60-day deposit-only campaign before you order the device. Confirm bookings then close on financing.

Underwriting on Square reports instead of bank deposits

Lenders read business bank statements. Make sure card deposits hit the business account; daily Square netting can hide volume.

Buying chairs through 0% retail financing without reading the back

Most 0% promotions reverse to 22%+ retroactively if you miss a payment. Read the fine print on retail financing.

Real-world scenarios

$140k EMSCULPT NEO at 100% financing

A medspa added EMSCULPT NEO with $0 down on a 60-month equipment loan, recouped in 11 months on incremental package sales.

$60k salon rebrand and buildout

A 2-chair to 8-chair expansion funded via a 36-month term loan and a small inventory advance for retail product.

Illustrative scenarios based on common deal structures. Actual terms vary by underwriting.

Lead-gen pre-check

See if your salons & spas business qualifies

Free pre-qualification. No credit pull. No signup required.

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Eligibility checker

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Underwriting disclaimer: The eligibility checker is a self-reported pre-qualification tool. It does not constitute an offer of credit or a guarantee of approval. Every funded file goes through full underwriting — including bank statement analysis, business verification, and a credit inquiry whose type (soft or hard) is disclosed before you sign. Final terms, rates, and amounts depend on underwriting and the specific lender or program.

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Top states for salons & spas

All states & provinces — salons & spas

Industry-specific salons & spas financing pages for every state and province we fund.

Salons & Spas in New York · NYSalons & Spas in California · CASalons & Spas in Texas · TXSalons & Spas in Florida · FLSalons & Spas in Illinois · ILSalons & Spas in Georgia · GASalons & Spas in New Jersey · NJSalons & Spas in Pennsylvania · PASalons & Spas in Ohio · OHSalons & Spas in Arizona · AZSalons & Spas in Massachusetts · MASalons & Spas in Washington · WASalons & Spas in Michigan · MISalons & Spas in North Carolina · NCSalons & Spas in Virginia · VASalons & Spas in Colorado · COSalons & Spas in Nevada · NVSalons & Spas in Tennessee · TNSalons & Spas in Oregon · ORSalons & Spas in Indiana · INSalons & Spas in Minnesota · MNSalons & Spas in Missouri · MOSalons & Spas in Louisiana · LASalons & Spas in Alabama · ALSalons & Spas in Alaska · AKSalons & Spas in Arkansas · ARSalons & Spas in Connecticut · CTSalons & Spas in Delaware · DESalons & Spas in District of Columbia · DCSalons & Spas in Hawaii · HISalons & Spas in Idaho · IDSalons & Spas in Iowa · IASalons & Spas in Kansas · KSSalons & Spas in Kentucky · KYSalons & Spas in Maine · MESalons & Spas in Maryland · MDSalons & Spas in Mississippi · MSSalons & Spas in Montana · MTSalons & Spas in Nebraska · NESalons & Spas in New Hampshire · NHSalons & Spas in New Mexico · NMSalons & Spas in North Dakota · NDSalons & Spas in Oklahoma · OKSalons & Spas in Rhode Island · RISalons & Spas in South Carolina · SCSalons & Spas in South Dakota · SDSalons & Spas in Utah · UTSalons & Spas in Vermont · VTSalons & Spas in West Virginia · WVSalons & Spas in Wisconsin · WISalons & Spas in Wyoming · WYSalons & Spas in Ontario · ONSalons & Spas in Quebec · QCSalons & Spas in British Columbia · BCSalons & Spas in Alberta · ABSalons & Spas in Manitoba · MBSalons & Spas in Saskatchewan · SKSalons & Spas in Nova Scotia · NSSalons & Spas in New Brunswick · NBSalons & Spas in Newfoundland and Labrador · NLSalons & Spas in Prince Edward Island · PESalons & Spas in Yukon · YTSalons & Spas in Northwest Territories · NTSalons & Spas in Nunavut · NU

FAQs — Salons & Spas

Yes — but underwriting reviews owner-level deposits, not stylist-level. Booth rental income on the business account counts toward approved size.

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$5,000 to $25,000,000. Free pre-qualification. No upfront fees. Same-day decisions for clean files.

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