A Healthy Business is a Beautiful Thing.
Our Spa Financing and Salon Financing is way more flexible than standard business loans, Merchant’s Financing Options are versatile tools when it comes to making strategic decisions for your business’s growth. Retail businesses in the Health & Wellness industry are ideal candidates for the program because they accept debit and credit from customers every day. We have spa financing and salon financing that is unlike regular, rigid business loans in that you can use your credit or debit transactions to pay off your loan on a daily basis based on a (very manageable) percentage of each day’s sales. We know your sales are seasonal and sometimes salons and spas require temporary extra cash to take advantage of inventory deals, seasonal staffing or even debt management.
You’re the one who knows what needs to be done around your salon and we’re here to help you make that happen. Maybe you need a new website, or some new equipment, maybe you want to get a fancy new coffee maker for your clients. It’s all up to you how you use the funds. At Merchant Growth, we just want to help Canadian businesses grow.
Dollars and Sense. The Business Case.
Objective: Add a virtual imaging system.
Customers want to see the ‘after’ before the cutting starts. You need about $40,000 for the camera system, software, training, shop additions and social media advertising. Your projections say you should increase same store sales 9% with existing customer base, and new repeat customers.
|Merchant Growth Funds||$40,000|
|Incremental Gross Profit||$49,500|