Are you a salon business owner in Florida and need money fast? Are you looking to expand your salon, hire more stylists, or introduce new product lines? We offer up to $25,000 the same day to small businesses who are unable to wait or qualify for big bank loans. Here are the best Florida Salon Working Capital options for you!
There are over 1 million salons in America with 16,000 salons in Florida alone, making the U.S. salon industry a $48 Billion a year powerhouse. Although the salon industry can be lucrative, many unforeseen financial emergencies can occur. Rent can sneak up on you, and if your salon is in a nicer neighborhood in Miami, Tampa, or Orlando, you might be looking at $15,000 a month in rent or more.
What is Florida Salon Working Capital?
We offer $2,500 to $25,000 same-day business advances that can be used for anything your Floridian salon needs. These are not bank loans, these are business cash advances that are great for any business who might have below average credit scores, unable to put up collateral, and need funds quicker than what banks can do. Read more to find out the details.
How to Use a Business Cash Advance for Your Salon Business
Most businesses in Florida will at one point or another need fast working capital to keep their business running smoothly. On top of paying top dollar for rent in certain trendy spots in Florida, you might want to hire more stylists, or expand your footprint. You might have a hairdresser walk out and you need to cover their spot. Whatever happens to your salon, know that you have a fast resource to any capital within 8 hours.
The next priority on the list for your Florida Salon Working Capital are supplies. Salons may have over 15 brands that they work with for products. Bringing in a complete line of Avada products, for example, can set you back over $1,000 to $2,000. You have to put money up front first for the product, before you can usually make a return on investment.
Next on the list is marketing. Most businesses fail miserably in this area and fade into obscurity because of lack of online presence. Most people these days look at internet reviews before patroning a salon business. If a business doesn’t have enough reviews on the right platforms, or no reviews at all, that potential client will move on.
The trendiest spas and salons in Florida have a huge audience on social media and other online platforms. If you are not on Instagram, TikTok, YouTube, Pinterest, Facebook, and LinkedIn, you are missing out. Over 720,000 hours of videos are uploaded onto YouTube everyday. Plus, YouTube just launched “shorts” which are 15 second videos to stay competitive and keep up with TikTok.
These platforms are practically free advertising. You can hire a video production team to get your brand onto Youtube or Tiktok. You can do “How to” videos about hair styling and coloring, then leave a link to your website under every video. One viral video can change the profitability of your Florida salon overnight.
Salon costs can sneak up on you and derail a salon business that was thriving just a couple months earlier. It is important to make a list of priorities of what your business needs and bring in an accountant to do a full audit so you can see the actual numbers. Many salon owners don’t want to look at the real numbers and look the other way until it is too late.
Working with Us for Florida Salon Working Capital Same Day Funding
You can now breathe easier knowing that you can get quick funding today or tomorrow without waiting weeks or months and going through a ton of red tape with big banks.
Our business advance requirements are the most lenient in the industry. You only need to be in business for 6 months, have a credit score of 450, and generate $5,000 a month in revenue the last three months. You don’t need to put up collateral either. You only need a business checking account and the requirements already mentioned.
You will also get your own dedicated account manager to oversee your lending experience and make it as easy as possible for you. Thank you for reading. Please click apply to go to our lender and we wish you all the success in the world.
More info: Same Day Funding