Business Loans and Financing for Salons and Spas in Toronto, Ontario

Toronto is the largest city in Canada making it a prominent figure in the Canadian community. Many citizens in Toronto are noticing the growth within their salon and spa community alongside its demand for it. A lot of them are starting to use salon and spa loans acquired online to supplement their capital to grow their ventures. Most of the time, these funds are purposed to hire new employees, pay for bills on time, open up new locations and execute renovations. Smarter Loans is a popular destination in these scenarios as we have helped countless salons and spas in Toronto establish relationships with reliable loan providers.

Traditionally in Toronto, salons and spas that were looking to acquire these types of loans would have to allocate weeks of their time to do so. They would be forced to fill out lengthy application forms and go through tons of meetings to settle on terms that work for the both of them.

At Smarter Loans, we are dedicated to helping salons and spas acquire loans efficiently and quickly without the hassle. We have curated a loan directory that features some of the top salon and spa loan providers in Toronto. It’s ideal to apply to our providers when your salon and spa is making a consistent stream of revenue and has been servicing clients for over 6 months.

Beneath this paragraph is a list of several of the providers we mentioned earlier. Their experience spans across tons of clients so you can rely on their services and terms. Hit the “Apply Now” button when you have selected a provider that fits your situation. If you are approved, you should anticipate seeing your loan in your bank account after a few business days. It might be difficult to narrow your options, so instead you can pre-apply at Smarter Loans. A team member of ours will be assigned to your case and they will help you in pick the most suitable salon and spa loan provider in Toronto that suits your needs.

Company
Amount
Interest Rate
Reviews
Terms
$5,000 - $250,000
Varies
3 - 18 months
$5,000 - $100,000
Starting at 6.87%
3 - 18 Months
$5,000 - $250,000
Starting at 14%
6 - 24 Months
$5,000 - $150,000
8% - 18%
6 - 24 Months
$10,000 - $300,000
Starting at 6.99%
4 - 18 Months
$5,000 – $500,000
Starting at 5.9%
3 – 60 Months
$1,000 - $35,000
5.6% - 25.5%
36 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $10,000
23% - 59.7%
6 - 24 Months
$2,000 - $10,000
Varies
12 - 60 Months
$500 - $10,000
19.99% - 46.99%
12 - 36 Months
$500 - $10,000
12.99% - 39.99%
9 - 36 Months
$500 - $35,000
5.9% - 39.9%
12 - 60 Months
$350 - $25,000
Varies
12 - 60 months
$100 – $15,000
46.93%
Open Line of Credit
$500 - $10,000
46.93%
Open Line of Credit
$1,000 - $35,000
5.6% - 25.5%
36 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$100 - $1,500
Varies
Up to 2 months
$100 - $1,500
Varies by Province
Up to 62 days
Company
Amount
Interest Rate
Reviews
Terms
$5,000 and up
9.9% – 31%
24 – 84 months
$5,000 - $40,000
Starting at 2.9%
12 - 72 Months
Company
Amount
Interest Rate
Reviews
Terms
$50,000 - Unlimited
Varies
Varies
$50,000 - Unlimited
Varies
Varies
$10,000 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$50,000 - Unlimited
Varies
Varies
Company
Amount
Interest Rate
Reviews
Terms
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$350 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $10,000
12.99% - 39.99%
9 - 36 Months
Company
Amount
Interest Rate
Reviews
Terms
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