Business Loans for Beauty & Cosmetics Industry

Yes, our finance is aimed at established businesses with at least 2 years of trading history. Please contact us to discuss your needs.

The length of an application for our finance usually depends on the following:

• The type of finance you’re looking for.
• How quickly you respond to the lender’s enquiries.
• Whether you’ve provided all the required documents.

For example, we can offer same-day finance for our instant business loans, but long-term finance options such as commercial bridging loans for acquiring business property may take around 4 to 6 weeks to arrange.

To access our bespoke beauty salon funding, you’ll typically be asked to provide the following:

• Business Plan: Outline your business and how the loan will be used.
• Financial Statements: Income statements, balance sheets, and cash flow statements.
• Tax Returns: Personal and business tax returns for the past few years.
• Bank Statements: Recent bank statements.
• Legal Documents: Business licences, registrations, and ownership agreements.

This will depend on a number of factors such as the type of salon loan required, amount required, your credit score and more. Contact our team today and we will be able to provide you with more specific information according to your specific needs.

Yes, as long as you have healthy cash flow and can demonstrate affordability, you can still apply for more finance even if you have an existing loan. Many beauty salon owners with current financing in place may still qualify for additional funding, depending on factors like repayment history, annual turnover, and cash flow projections.

At Union Business Finance, we assess each application individually to help you access the support you need to grow your business.