Business Loans for Salons and Spas

Business Loans for Salons and Spas in Canada

The country of Canada is home to an impressive community of salons and spas that have been servicing Canadians for decades. With its diversity and humble communities, it is often a favoured location for salons and spas to set up operations. When looking for growth, many salon and spa owners often apply towards salon and spa loans. Smarter Loans can help you in this scenario as we work with a vast roster of salon and spa loan providers in Canada. They have worked with tons of salon and spas in Canada of all sizes, so our providers will definitely be able to sort out terms that work for both parties. These funds are useful in scenarios where salon and spa owner wish to upgrade their equipment, hire more employees, or simply pay off expenses on time.

We are proud to share that we have one of the fastest application processes in the industry. We exclusively host our application services online so that our applicants can choose when and where you can apply from. Now in minutes, you can enter an application form to one of our providers and in a matter of days, hear back on the results on that very application. We recommend in applying when your salon and spa has been in the industry for at least 6 months and is consistently making over $5000 a month in revenue. To see which providers we work with, check out the list below.

Hit the “Apply Now” to begin applying to one of our providers. If you can’t pick a provider, pre-apply at Smarter Loans instead. We will assign a team member of ours to help you find a salon and spa loan provider in Canada that can push your business to the next level.

We can help connect you with the top salon and spa business financing providers in Canada.

Get Salon and Spa Business Loan Now!

Top Business Loans for Salons and Spas Providers in Canada

Company
Amount
Interest Rate
Reviews
Terms
$5,000 - $250,000
Starting at 9.99%
6 - 24 Months
$5,000 - $100,000
Starting at 6.87%
3 - 18 Months
$5,000 - $250,000
Starting at 9%
3 - 18 months
$1,000 - $35,000
5.6% - 25.5%
36 - 60 Months
$5,000 - $150,000
8.99% - 18.99%
3 - 24 Months
$5,000 - $100,000
Starting at 29%
4 - 6 months
$10,000 - $300,000
Starting at 6.99%
4 - 18 Months
$5,000 - $100,000
Starting at 15%
12 - 18 Months
$5000 - $500,000
12.99% - 39.99%
6 - 18 Months
$5,000 – $500,000
Starting at 5.9%
3 – 60 Months

Types of Business Loans for Salons and Spas offered:

  • Term Loans
  • Merchant Cash Advance
  • Business Line of Credit
  • Working Capital
  • Unsecured Business Loans
  • Secured Business Loans
  • Bad Credit Business Loans
  • Private Business Loans
  • Restaurant Business Loans
  • Retail Store Business Loans
  • Salon & Spa Business Loans
  • Automotive Business Loans
  • Construction Business Loans
  • Startup Business Loans

Elite Trusted Lenders

These companies are recognized for their excellent service, product offering and financial literacy education for all Canadians.