Instant Loans Beauty Salon Miami

Florida comes in third place for having the most salons in America, with over 6900 salons. With over 1 million salons and $62 Billion a year in revenue, salon owners are in a thriving industry. However, salon owners only make around $40,000 a year and with inflation, they are in need of fast working capital. Here’s info on our new Instant Loans Beauty Salon Miami.

Instant Loans Beauty Salon Miami 

We now offer up to $5,000 instant business loans, even if you only have a personal checking account. With our industry-first 100% automated application and funding process you can now receive funds around the clock and on the weekends when emergencies arise.

In the past, a lot of businesses were declined funding because they didn’t have a business checking account. Now that has changed. With our instant self-employed loans you only need a personal account as long as you are making at least $3,000 per month in business revenue and making four deposits of business-related revenue into your checking each month.

Why Use Instant Loans Beauty Salon Miami 

Florida Salons are one of our most popular clients because they not only make a consistent revenue, but they use the money to expand, buy more product, or hire more staff. They’re an ideal client for us and we always want to help any small business owner stay in business, expand, or quickly remedy emergencies.

As a salon owner, you can use the money anyway you see fit in keeping your business running. A lot of business owners use the money to expand or run advertising, whichever helps you increase your bottom-line. 

Instant Loans Beauty Salon Miami Requirements

Our instant business loan requirements are straightforward: must be doing at least $3,000 per month with your salon or spa (business revenue), and be in business for at least 3 months, and making at least four business deposits into your checking each month. Salons typically make bank deposits daily for their business so that is not difficult.

There are no collateral or FICO requirements. The main factor in getting a fast cash advance is consistent revenue and very little negative days in the bank.

Instant Salon Business Loan Rates and Repayment

The terms are 8 to 10 weeks, and up to 16 weeks for additional advances. The advance is paid back weekly through ACH through your bank account. There’s no hidden fees or prepayment penalty. 

Like Merchant Cash Advance lenders, we use factor rates instead of interest rates and our factor rate range is 1.20 to 1.60. We can lend up to 25% of your monthly revenue.

If you are doing more revenue with your business, have a FICO over 550, and have a business checking account, then you will be automatically redirected to one of our other loan programs where you can get up to $25,000 the same day, or up to $2 million in one to three days.

How to Apply for Instant Loans Beauty Salon Miami

Miami is an economic powerhouse rated #12 in the nation with $288 Billion GDP, and is rated #1 for having the most small businesses per capita, at 3 businesses per 100. There’s over 186,000 small businesses in Miami. We get a lot of applications from Miami businesses and are proud to serve them. 

If what you have read interests you then please click the link below. The application only takes a couple minutes and you can accept or decline the pre-approved amount. If you decide to accept the offer, you can have money in your bank in literally minutes, even on the weekends. I wish you the best in getting the funds you need. Thanks for reading!



Erik C. Johnson