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Can booth rental salons qualify for business loans?

Quick Answer: Yes, same as traditional salons, booth rental salons qualify for quick business loans based on revenue deposits.

Running a booth rental salon is different. Your stylists are independent contractors, not employees. Traditional lenders sometimes get confused by your model, but to QuicLoans your rental income is just as approvable as any other salon's service revenue. QuicLoans understands how booth rental salons work and can fund based on your cash flow.

How booth rental salons qualify for funding:

  • Rental income counts: Those weekly or monthly booth rental deposits are revenue. We evaluate your total deposits.
  • Mixed models work: Combination of booth renters, commission stylists, and retail sales? No problem - it all counts toward qualification.
  • Less overhead risk: Booth rental salons often have more stable income since stylists pay regardless of their bookings.

Whether you're collecting $400 weekly booth rents or $1,500 monthly suite fees, if your salon is depositing $10K+ monthly, you likely qualify. Some of our best customers have been booth rental salons, and we love approving your predictable cash flow.

Use funding to upgrade the salon space, add more stations, improve common areas, or market to attract higher-paying renters. Your booth renters succeed when your salon succeeds. Get approved in hours based on your bank deposits, not outdated lending models that don't understand modern salons.

Looking for more salon funding information? Explore all salon business loans →

Related Questions

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Can my salon get funding when key stylists leave unexpectedly?

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Can my salon get a business loan if I have bad credit?

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1

Apply Online

Tell us the basics, we’ll take care of the rest.

Required: Online application, last 4 months of business bank statements

Time: ~5 minutes

2

Review Offers

You’re in control. Choose what works best for you.

Required: Just review and decide

Time: 2 - 12 hours

3

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Required: Signed docs, and typically just a driver’s license and a voided check

Time: 3 - 72 hours

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These advantages make a QuicLoans loan the smart choice. When funding works for you, it’s just common sense.

  • Quick Funding

    Fast isn’t a feature, it’s the foundation. Our quick business loans deliver funds in as little as 3 hours, without the usual friction.

    You get working capital exactly when you need it.

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  • Unsecured

    No collateral required. We approve based on business strength, not what you’re willing to risk.

    Your property, equipment, and assets stay separate.

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  • Tax Deductible

    Interest on business loans is almost always tax deductible, which means your cost of capital could be lower than you think.

    You retain capital and reduce the true cost of borrowing.

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  • No Personal Credit Impact

    We don’t report to personal credit. Your business is the borrower, the way it should be.

    Your credit report stays unaffected for mortgages, refis, auto loans, and more.

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82%

of small businesses fail due to lack of cashflow, not lack of demand.

— 2024 U.S. Bank study

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