Business loans for salons
According to the Beautiful Britain Survey 2015, after a difficult few years for the salon sector, it’s seeing some encouraging signs of growth. But while customers still want to look and feel good, they’re shopping around for best value and are using the internet and social media to help them
Customer loyalty is fragile, so it will be the salons that stay price competitive, customer focused and marketing savvy that will gain and maintain customers. But enticing customers through the door requires investment in marketing, particularly website and social media as well as facilities, interior and exterior décor and, of course, the very latest equipment.
A study by Mintel shows that if you can get a customer in for one treatment, they’re more likely to book another on the day or in the future. Do you have the right staffing levels, treatment facilities and equipment so that you don’t have to turn away business? Once a customer goes elsewhere, it’s hard work to get them back.
Your first point of call for business finance might be the bank, but what if you are turned down or have been refused capital previously? Don’t let this be a setback to your business goals. An Alternative Business Finance solution like a business cash advance could be your best option.
Grow your salon with a business cash advance
If you have been turned down for a bank loan in the past and are fearful to re-apply, then a cash advance from Liberis is the perfect solution. You may need money simply to see you through the seasonal trade, in which case, you’ll need it far quicker than a bank can supply a loan.
Cash advances are a Quick and easy alternative to conventional bank loans. Liberis, the UK’s number one business cash advance supplier to help grow your business and make you look good.
You may also need cash for:
- New equipment to keep up with innovative advances in beauty
- Training courses for your staff
- Renovations to your interior and exterior
- Working stock such as towels and hair and face products, and;
- New stock for re-sale. Increasing revenue by cross selling on retail items is a golden opportunity
A business cash advance is an unsecured injection of cash into your business based on future credit and debit card sales. It’s repaid via a pre-agreed percentage of the business’s card transactions.
Reasons to choose a cash advance for your business
- Apply in minutes for £2,500-£300,000
- You pay back only when you earn – no fixed monthly payments
- You keep 100% of your cash income
- One clear cost, no APR
- No fees, hidden charges or penalties. Ever
80% of businesses are approved for cash advances and the application process is simple and easy to complete with minimal paperwork and no accounts required.
How it works
It’s simple and transparent. Business Cash Advance is an unsecured advance of cash based on future credit and debit card sales and is repaid via a pre-agreed percentage of your businesses card transactions. Because payback is directly linked to card takings, it only happens when your business earns. And unlike many other forms of funding, company or personal assets aren’t required.