Salon Funding

Challenges for Salons

As a salon owner, you have a huge opportunity to grow your business through word of mouth, and to help your customers look and feel their best. However, many salon owners have low cash reserves that can make it difficult to react to the market and have trouble covering expenses between seasonal peaks in business.

Finding Funding

You need access to working capital to meet these challenges and capitalize on opportunities, but securing loans from banks can be difficult. If your business is smaller, or you’ve had credit issues in the past, you may be turned away. Even if you qualify, it can take up to several months to get the cash you need now.

Working Capital from iBusiness

Working capital from iBusiness is different. We evaluate your application based on your real-world business data, not on just personal FICO scores, and make a decision in less than 24 hours. If you are approved, you can get up to $250k deposited directly into your business account in 72 hours or less. How do you pay it back? We work with you to find the correct product that will be automatically deducted from your business bank account.

Advancing Your Business

What can you use your funding for? It’s up to you, but salon owners have used their working capital for:

• Hiring new staff
• Buying new equipment and products
• Adding new treatments to your list of services

How do you know if you qualify? Most businesses that have been around for at least six months and have a monthly revenue $6,500 or more can get funding from iBusiness. Don’t wait any longer – click the “get started now” button or call us at 855-462-4249.