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Business Loans For Nail Salons

Looking to grow your business? Or just need a little extra working capital to keep your business moving? 

Our small business loans are available between £5,000 – £500,000 for almost any purpose.

We’re not a bank. Our lending criteria is different, and we look at more than just your credit profile.

Check your eligibility online in just two minutes, with no impact on your credit score, and you could receive your funds in as little as 24 hours.

How does the business loan work?

Unlike a traditional loan, Capify’s is paid back in very small amounts regularly. The repayments are completely automated so you don’t need to do anything. Many business owners love our regular payments, because they don’t have to save a large amount by a fixed date each month.

To be eligible for a business loan, you'll need to:

The benefits of a Capify business loan

Everything a small business needs to know about raising finance and paying it back

In need of some specialist stock? Want to renovate your space so you can book in more pedicures? You’ll probably need some extra cash to make it a reality.

For independent business owners like you, it’s important to be able to raise cash with a loan company you trust.

Capify can offer affordable, flexible business finance that works with your business, not against it. Repayments are easy. A small percentage of your card payments will go towards repayments, keeping your cash flow positive and paying off debt automatically.

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The latest nail salon industry stats

Nail salons are big business in the UK. Pretty much every high street in the country is home to at least one gel polish, manicure, and nail art specialist.

Who are nail salon loans for? You!

Any kind of nail salon can do great things with a Capify loan or Merchant Cash Advance.

Salon loans are ideal for nail technicians keen to grow their business. It doesn’t matter how many staff you have or how big your premises is, if you’ve been trading for 6-12 months, you could access simple, affordable business finance.

Most importantly, a salon loan would suit a beauty business that knows exactly what it needs. That includes stylish, comfy furniture, top quality nail colours, and smart booking software.

Get more customers through the door

As well as stunning nail art, it’s important to give your customers brilliant service and an environment they feel relaxed in.

Whatever you want your nail salon to be – more convenient, Instagram famous, or a unique experience – you can make it happen with a business loan.

Different types of nail salon finance

There are all kinds of business loans to choose from, but which is right for you? Capify offers business loans and finance options designed specifically for nail salons just like yours.

Secured business loans

This loan will be secured against something you own, usually property, stock, or a vehicle. The value of this will pay off the loan if you can’t.

Unsecured business loans

No security needed! As long as you pass the credit and eligibility check, you’ll get a thumbs up.

Merchant Cash Advance

Nail salons can get super flexible finance with the Merchant Cash Advance. You’ll get a lump sum of cash to spend on your business, then be able to repay it through a small percentage of your customers’ card payments.

Every time someone pays you, you’ll be closer to paying off your business loan. You’ll know you can afford the repayments too.

Other sources of finance

Some salons can access grants to help them pay for what they need. You could also look into using an overdraft, asset finance, and business credit cards. Interest rates can be high though – always check the small print!


How salons can use their finance

Salon owners are all about impressing their customers and getting as many referrals as possible. Keeping overheads affordable is pretty important too.

With a business loan or Merchant Cash Advance, you can pay for whatever your business needs to get even more glowing reviews.

Renovation and refurbishment

Develop your space and make treatment spaces more practical. Your staff and customers will be sitting at the same nail bar day in, day out, so it should do the job well. 

Smart booking technology

Salon customers love easy online booking. Update your website technology so they can book last-minute lunchtime appointments or plan months ahead.

The best training

There aren’t that many Level 3 and 4 trained nail technicians out there! Help your staff access the best education – your customers will definitely appreciate it.

Business finance can put essential cash into your salon, giving you the freedom to pay for what you need and keep growing.

Getting your nail salon ready for finance

Before you apply for funding, there are a few things to organise.

Decide what you want to pay for. Borrow the right amount so you can keep repayments affordable.

Check your business credit score. Capify is a flexible finance provider. We help all kinds of businesses, even if their credit score isn’t quite what they want it to be.
Get your paperwork ready. Having all the right documents in order will help your application go through as quickly as possible.
Choose a loan company you want to work with. 
Go with a flexible, supportive lender you can easily get on the phone.

Fixed or flexible repayments?

Loan repayments will usually stay the same or vary depending on different circumstances. Salons have busy periods and quiet times just like lots of other service businesses, so it’s important to think about how that will affect your repayments.

A fixed monthly payment could be manageable during the busier times, but tough to afford throughout the year. With Capify, repayments are affordable and predictable. You’ll repay more when you can afford it so payments are out of the way faster.

Fixed or flexible repayments?

Missed a few repayments in the past? You could still get affordable finance from Capify.

A lot of small businesses have a couple of blips on their credit record. Capify’s small business loan and Merchant Cash Advance can still be a good option for salons with big plans for the future, whatever their credit history.

To find out if you’re eligible, get in touch with our helpful team.

In a hurry? Get finance fast

Keen to get the new nail stations installed? Capify can usually get your cash to you in a few days, so you can start making improvements ASAP.

Short term or long term finance?

You can pay off your business loan quickly, or take your time.

Short term finance has lots of benefits for a business like yours, because it can be out of the way in a few months. Repayments will be taken care of while you’re busy helping clients get their holiday nails sorted, so can relax and be debt free during the quieter times.

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