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

Quick Answer: Yes, salons can qualify for funding with credit scores as low as 450. If you have consistent revenue deposits over $10k/mo, you likely qualify.

Maybe you opened during COVID and maxed out credit cards to survive, experienced a costly divorce, or your second location hasn't paid off yet. Your personal credit score dropped, but your salon still has clients in chairs and revenue coming in. QuicLoans looks at your business deposits, not your outdated personal financial challenges.

What QuicLoans evaluates for salon funding:

  • Monthly deposits: Consistent revenue of $10K+ monthly from services and retail shows you can handle a loan payment.
  • Time in business: Just 3 months of operation meets our minimum requirements.
  • Bank account patterns: Regular deposits and minimal overdraft activity show a business we can approve.

Traditional banks want 680+ credit scores and might take weeks just to say no. QuicLoans can approve salons with FICO scores as low as 450, often within hours of applying.

Our business loans won't show up on your personal credit report. Your salon is the borrower, keeping your personal credit clear for your car loan, mortgage, or personal needs. We make funding decisions based on your salon's performance, not your personal past.

If clients are booking appointments and your stylists are working, your credit score doesn't have to stop you from getting the capital your salon needs.

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

Related Questions

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Business Loans Built for the Stylist World

Simple terms. Fast funding. An easy process built for salons & barbershops that need capital fast.

Get a Working Capital Loan

3 to 36 Month Terms · Rates of 1-3%/mo · Approved & Funded In Hours · No Prepayment Penalty

Funds deposited directly into your business checking account via ACH or wire. Loan amounts ranging from $10,000 to $2,000,000.

Minimums: 450+ credit · 3+ months in business · $10K/month revenue · No Startups

Get Working Capital Now
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Take the Stress Out of Loan Shopping

Getting a quick business loan for your salon should be straightforward. We've brought common sense back to the process, and cut out the worst parts.

  • Banks Don’t Move Fast Enough

    You need funds now. Not a drawn-out process that doesn’t care if your lead stylist just quit, or if a shampoo station just flooded and repairs can’t wait.

    Learn more →
  • Bad Credit Doesn’t Equal a Bad Business

    We approve salons and barbershops, not people. If you're booking clients and bringing in revenue, we’ll focus on your performance, not just your FICO score.

    Learn more →
  • Brokers Never Seem to Deliver

    Many charge upfront fees, bait and switch the terms, overpromise results, then vanish when things get hard. We don’t.

    Learn more →
  • Have a Loan Already? Most Salons Do

    We’re comfortable working around existing financing. If your business brings in steady revenue, we’ll show you what’s still possible.

    Learn more →
71%

of small employer firms report some form of outstanding business debt

- Federal Reserve Bank

America's Salon Funding Powerhouse

16
Years

In Business

$100M+
Funded

To SMB's

10k+
Businesses

Funded across the U.S.

Your Salon’s Next Move Starts Here

You’re ready to solve your problem. We’re ready to fund you.

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