A full book still needs a bigger room.
Salons, barbershops, spas, med-spas and studios earn by the appointment, mostly on card, and grow by adding chairs, rooms and equipment. The build-out comes months before the bookings that pay for it.
The problem
Appointment businesses have steady, card-heavy revenue and a ceiling set by chairs and hours. Growth means a second location, more stations or a treatment room, and every one of those is a lease deposit, a build-out and equipment before the first booking.
Product and supplies are bought ahead. Equipment for a med-spa or a lash studio is expensive and specific. Staff are often paid on commission, which helps; the rent and the build-out are not.
Funders read salons as steady and low-drama, which they are. Daily card revenue suits revenue-based repayment, and the equipment can be financed on its own.
- How you get paid
- By the appointment, mostly on card, daily
- Where the gap is
- Build-outs, chairs and equipment ahead of the bookings
- What tends to fit
- Revenue-based financing, equipment financing, a line of credit
How we help
Repayment by the appointment
A revenue-based advance is repaid as a share of daily card sales, so a slow week takes less.
Equipment financed as equipment
Lasers, chairs, tables and treatment systems financed against themselves, over the years they will be used.
The second location, planned
Build-out and deposits funded before opening, and repaid as the new book fills.
What usually fits
Which one, or which two, depends on the file. These are the ones we reach for first with salons and personal care.