Funding for Salons & Spas
Salons run on daily card swipes — steady, predictable volume that fits an MCA's revenue-based remittance, with terms short enough to match a renovation or a season.
You can be fully booked for six weeks and still feel the pinch, because the build-out went on a credit card, the backbar order is due, and January is always quieter than December. Banks look at a salon's size and stop returning calls; you are left choosing between growth and comfort. Broadway looks at what your book actually produces — daily card deposits, three months of bank statements — and gives you a same-day decision off one short form with a soft credit pull. Funding can land in as little as 24 hours, which means the new stations are earning before the next slow stretch arrives.
The challenge
A chair only earns when someone is in it, and build-outs, product inventory, and the slow weeks after the holidays all hit the same modest margin. Banks rarely take small service businesses seriously.
How Broadway Advance helps
Salons run on daily card swipes — steady, predictable volume that fits an MCA's revenue-based remittance, with terms short enough to match a renovation or a season.
What owners use it for
- Renovate or build out new stations and treatment rooms
- Buy chairs, dryers, lasers, and spa equipment
- Stock retail and backbar product inventory
- Hire and train stylists and technicians
- Fund marketing and online booking systems
- Open a second location
See your real number in about five minutes.
Apply nowFunding options that fit salons & spas
Merchant Cash Advance
Immediate cash today in exchange for a small slice of future sales.
Up to $2,000,000 →Business Line of Credit
A revolving cash reserve you only pay for when you draw on it.
Flexible limits →Equipment Financing
Buy the equipment you need; the equipment itself secures the deal.
Up to 100% of equipment cost →Salons & Spas funding questions
I rent chairs to independent stylists — can I still qualify?
Yes, if the business banks real revenue. Whether your model is commission, booth rent, or a blend, what we underwrite is three months of bank statements showing consistent deposits. Booth-rent income is steady and predictable, which underwriters like. The application is one short form with a soft credit pull and a same-day decision, and the funding can support whatever the building needs — build-out, equipment, or carrying costs while you fill chairs.
Most lenders ignore businesses my size — do you have a minimum?
We fund Main Street businesses on purpose — it is in the tagline. Advances scale to your revenue, so a single-location salon is not too small; the advance is sized against what your deposits support, not against some corporate minimum. The honest part: smaller advances still carry the MCA cost structure, so we will tell you if a line of credit or equipment deal serves you better. Either way you get a real answer the same day, not a brush-off.
Is taking an advance to renovate worth the cost?
Run it as a numbers question. An MCA costs more than a bank loan — no way around that — but a renovation that adds stations or treatment rooms adds booked revenue every week it exists. If two new chairs produce more per month than the advance costs, the renovation pays for itself and then keeps paying. If the project can wait six months and your credit is strong, a term loan is cheaper and we broker those too. We will price both before you commit.