Challenges for SalonsAs 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 FundingYou 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 iBusinessWorking 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 BusinessWhat 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
Need inventory, equipment, more staff or a new location? Business growth slowing down or stuck?
Don't miss on the opportunity to grow your business, boost sales, and make more profit. If you need money to get your business to the next level, we are here to fund you. At iBusiness every reason matters. We are here to help fund your business.
We approve most businesses in 72 hours or less!
Use the working capital anyway you want. No restrictions!
Get even more cash when your business needs it.