Salons are in a highly competitive market segment, and have a constant need of working capital in order to maintain the latest equipment, keep staff trained, and stock top class beauty products. When an urgent need for working capital arises – whether it is to cover a shortfall, repair or replace equipment, hire new staff, or open/acquire a new location, we have you covered. Prioirty Lending has a portfolio of lenders who offer business loans and equipment finance to salons.
Priority Lending offers Quick Business Loans for Salons
Priority Lending specializes in finding the right loans for salons offered by various lenders in Canada. When you approach us for salon and spa financing, we ask you to complete a simple form and provide a few standard documents. Our team of experts analyzes the information thoroughly, calculates your eligibility and then presents your case to the right one or two lenders.
Once these lenders provide offers based on your financial information, credit history, future projections and brand name a Priority Lending Financial will help you choose the product with the right pricing and structure for your business.
Salon loans can be taken for managing operating costs, renovations, equipment purchase, hiring staff and also for real estate financing to relocate or expand to new locations. At Priority Lending, we will guide you through the whole application and funding process and get funds in your account quickly.