Can my salon get funding for renovations and new equipment?
Clients rank salon ambiance as a top-three factor in choosing where to book. Well-designed spaces justify 15 to 25% higher service prices. That's the business case for renovation, but the cost range is wide and depends on what you're doing.
Renovation costs by scope:
| Scope | Cost Range | What's Included |
|---|---|---|
| Minor refresh | $5,000–$15,000 | Paint, lighting, minor decor updates |
| Moderate renovation | $15,000–$50,000 | New stations, flooring, fixtures, signage |
| Full buildout | $50,000–$200,000+ | Complete gut renovation, HVAC, plumbing, electrical |
| Salon suite buildout | $65,000–$600,000 | Per-suite construction, individual HVAC, plumbing |
What salon equipment actually costs:
| Equipment | Price Range |
|---|---|
| Styling chairs (standard) | $200–$1,000 each |
| Hydraulic styling chairs (high-end) | $800–$2,500 |
| Shampoo station (unit + bowl) | $1,055–$4,959 |
| Hood dryer | $648–$825 |
| LED mirrors | $300–$1,200 each |
| Pedicure chairs (spa) | $2,000–$8,000 |
| Complete 5-station package | $25,000–$60,000 |
A moderate renovation with 5 new stations, flooring, and updated lighting typically lands in the $30,000 to $50,000 range. That's a very different financing conversation than a $5,000 paint job, and the right product depends on the amount.
Financing options for salon renovations:
| Type | APR Range | Terms | Best For |
|---|---|---|---|
| Equipment financing | 3.25%–30% | 2–7 years | Specific equipment purchases |
| SBA 7(a) | 7%–11.5% | Up to 10 years | Large renovations, strong credit |
| Working capital loan | 15%–60% | 6–24 months | Fast renovation funding |
| Vendor financing | 0% intro (some) | 12–36 months | Distributor-specific purchases |
Sources: SBA, Federal Reserve 2025
Equipment financing is often the cheapest option because the equipment serves as collateral. Some salon equipment distributors also offer their own financing at 0% intro rates for 12 to 36 months. It's worth asking your distributor before financing externally.
How QuicLoans helps with salon renovations:
We're a broker, and the right product depends on the size of your project. A $10,000 refresh might work as a short-term advance. A $75,000 full renovation might be better suited for equipment financing or an SBA loan. We match your salon with the right lender from our network. See your salon funding options or apply in 5 minutes.
Looking for more salon funding information? Explore all salon business loans →
