Financing for Salons & Spas
ARF Financial has unsecured business loans and lines of credit specifically designed for salon and spa owners. With an established track record of providing financing for the industry, our team of seasoned loan consultants specialize in delivering the trusted financial guidance you deserve with the industry-leading loan products you need to keep your salon or spa profitable and moving forward. Whether you own a single small corner salon or you’re the CEO of a major spa resort, we can provide you access to the right loan products, and we can do it fast. We understand your unique needs and have loans and lines of credit to fit every situation.
Our primary focus is to get you the capital you need when you need it, all while providing seasoned guidance to help you maximize your return on investment. Running a successful salon or spa takes much more than just cosmetology schooling. It also takes ongoing access to capital to remain relevant and competitive. Here are just a few common uses of our salon and spa financing:
Larger Loan Amounts, Longer Terms & Big Rewards
You can now borrow up to $1,000,000 with terms up to 36 months to fund your big projects while keeping your costs low. Our average loan amount is over six times larger and repayment terms are more than three times longer than a Merchant Cash Advance. Larger loan amounts mean you can invest in growth opportunities that will make a significant impact to your bottom line, and longer terms mean your payments are manageable and won’t interfere with your cash flow! Check out the comparison below.:
New client relationships are very important to us, and should be rewarded. For a limited time, new borrowers will receive a $500 Amex Gift Card for every $50,000 they borrow up to $2,500 in gift cards. Offer ends 10/31/2023.*
*Available for new clients only (out of the program 120 days or more). Receipt of the Amex Gift Card(s) is conditional based upon the following: Merchant’s approval under ARF Financials’ standard underwriting models and policies. Merchant’s acceptance of an approved loan amount, rate and term; and merchant borrowing a minimum of $50,000 to receive a $500 Amex gift card and another $500 gift card for every additional $50,000 they fund before 10/31/2023. This offer is not guaranteed unless application is made by merchant, and merchant borrows in accordance with the guidelines provided herein. ARF reserves the right to terminate the offer at any time. Expires 10/31/2023.
What Makes ARF Financial Different?
Since 2001, ARF Financial has helped thousands of salon and spa owners secure over a billion dollars in loan proceeds! The financing we provide is a true bank loan not a merchant cash advance, which means rates are lower, payments are fixed, terms are longer and the interest you pay is tax deductible. ARF has forged exclusive relationships with community banks across the country, so you can obtain the funds you need quickly with no collateral and limited paperwork. It’s our job to understand your business goals, financing needs, and then customize a loan to meet those needs. You’ll receive the funds quickly, with fixed terms and affordable payments that won’t increase as revenue grows – maximizing your return on investment without sacrificing your cash flow.
The Difference is Insight
Strengthen Your Bottom Line
ARF can help you pamper your customers while strengthening your bottom line by providing the funds to expand, renovate, or adding new cosmetic procedures and services. Our expertise in salon and spa financing allows us to analyze your business needs, risks, and opportunities, and perfectly tailor one of our industry-leading loan products for your specific needs and circumstances. Update your equipment and facilities, seize an opportunity for growth, or overcome that financial hurdle that’s holding you back.
Capitalize On New Opportunities
Regardless of what your future holds, ARF Financial can help you capitalize on your business’s potential, even if conventional banks won’t consider it. Our loan products give you fast access to amounts from $5,000 to $1 million, all without the obstacles traditional bank loans often have. We can offer same day approvals, a low-documentation application process, no collateral requirements on loans up to $500,000, and flexible repayment options to keep your cash flow strong.
We lend to more than just restaurants. Over the years we’ve expanded our approved industry types. Click here to see the full list.
We can work with merchants that have less than perfect credit. An applicant must have a minimum Equifax credit score of 551 or higher.
Time in Business
Applicant must own the business. The business must be open and operating under the same ownership for at least one month (30 days).
Your business must generate a minimum of $17,000 per month in gross sales ($200,000 annually) from both credit card and cash.
How to Apply for Salon and Spa Financing?
If you own a salon or spa and are looking for working capital with the lowest payments possible, simply complete our online application today. There are 4 prequalification questions, 5 easy steps, and there is no hard credit pull so your credit will not be affected. Click here to get started. We also employ seasoned loan consultants who live and work in your area, who are knowledgeable about your specific market and will work side-by-side with you throughout the process.
Our Unique Loan Products
Bankroll – Revolving Line of Credit
Your business is always evolving. Wouldn’t it be great to have a loan product flexible enough to evolve with it? Now you do! Our new Revolving Line of Credit – BANKROLL, provides the MAX loan approval, a fixed loan term up to 36 months, and a fixed weekly payment – plus the flexibility to pay down or draw funds on an unlimited basis!
Interest-Only Flex Pay Loan
We believe growing your business shouldn’t mean sacrificing your cash flow, and with ARF’s Interest-Only Flex Pay Loan it doesn’t. It allows you to quickly access from $50,000 to $750,000 without collateral and low, interest-only payments for up to 1 year. And, it also carries an optional Line of Credit with unlimited draws for up to a year!
Unsecured Lines of Credit
With an unsecured Line of Credit from ARF Financial, when opportunity knocks, business conditions change or unexpected expenses arise, you will be ready. It gives you 24-hour access to 5 separate loan drafts over a 6-month period. You can draw additional funds as needed and only pay for what you use!
Flex Pay Loans
Many merchants simply don’t dream big because they believe they can’t afford to borrow the funds needed to make those dreams real. Our Flex Pay loan solves that problem! Flex Pay allows your clients to defer up to 50% of their loan principal into the future, resulting in the lowest payments now!
Business Loan Calculator
Use our business loan calculator to calculate loan amount.
Calculate Loan Amount
Use the sliders below to indicate annual sales, time in business and credit score.
Time in Business
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Terms and Conditions
ARF Financial LLC is an exclusive third party originator and servicer of commercial loans for state charted community banks throughout the United States (“Partner Banks”), (collectively herein referred to as “Lender”). This Preliminary Loan Amount is based upon pre-underwriting standards consistent with Lender’s guidelines. This Preliminary Loan Amount is based upon the information provided by the Merchant in the Loan Calculator. This approval is contingent upon the accuracy and truthfulness of the information provided by the Merchant therein and on any additional information discovered by Lender during the Underwriting process including but not limited to the review of all financial information provided by the Merchant, the credit of any guarantor and/or any information available from the public domain relating to the business’ or the guarantor’s outstanding liens and judgments, collection issues, history of fraud, bankruptcy, or criminal activity; the status of the Merchant’s business entity with the State where they are located; or any other information that may reflect on the business or guarantor’s ability to repay this loan. The terms of this Preliminary Loan Amount may change based upon the review of all information noted above. The terms of this Preliminary Loan Amount (noted above or if modified during the Underwriting process) are not deemed approved until the Merchant agrees to and executes all necessary Loan documents and the Loan documents are countersigned and approved by an Officer of Lender. If Merchant executed no Universal Merchant Credit Application then this Preliminary Loan Amount is for discussion purposes only.