Salon Financing: Finance Your Salon Equipment

Providing the best equipment financing solutions to small and medium-sized beauty salon businesses.

Salon Equipment Financing

Beauty salons in the U.S. make up a $46.2 billion industry, presenting plenty of growth opportunities not just from the provision of services, but also from discretionary buying, such as hair care products and treatments. 

To succeed at operating a salon that continues to attract customers, you need to have the right equipment and create the perfect environment clients will want to keep coming back to and recommend to friends and family. 

With that said, it’s not surprising that there’s a market for aspiring or growing salon owners who are looking for salon equipment financing solutions. Salon tools and equipment are not cheap. Fortunately, our experienced financial brokers at Charter Capital are here to help you obtain the best lending partner to support your business dreams. 

If your upcoming or existing hair and beauty salon needs new equipment, we have the solution. Some of the types of salon equipment we can help you find financing for include:

  • Salon styling chairs 
  • Stylist cutting stools
  • Barber equipment
  • Shampoo chairs, bowls, and backwash units
  • Salon carts
  • Pedicure chairs
  • Hair drying and hair color processors
  • Spa equipment and facial machines
  • Refrigerator and cabinets for storage
  • POS machine and salon POS software
  • Air conditioners
  • Furniture


These are just some of the beauty and hair salon equipment financing needs that we have provided in the past. If the machines you need are not on the list above, let us know. We can accommodate any type of beauty salon equipment necessary to help your business succeed. Contact the knowledgeable team at Charter Capital today to learn more about the different hair salon equipment financing solutions we have for you. 

salon equipment financing

Some of our customers...

  • are interested in the lowest rate.
  • are interested in a specific tax treatment.
  • want to avoid breaching existing lending covenants.
  • are interested in the longest term.
  • are interested in getting reimbursed for equipment they have already paid for.
  • want seasonal or other cyclical structures.
  • want to finance software.
  • want us to give the seller a deposit before the equipment is shipped.
All of our customers want a fair deal at a fair price and no surprises.

How Hair Salon Owners Can Benefit From Financing

Getting financing support to start or scale your beauty salon business not only enables you to afford many of the necessary equipment, but also helps to put more cash back into your pocket for other operating needs. Some of the reasons why salon owners apply for financing include:

1. Hiring more people

An understaffed hair salon is not a profitable one. Without enough stylists and beauty technicians to serve your customers, your growth will eventually stall. You also don’t want to overburden your current team, which would later lead to poor service quality and high staff turnover rates. In many cases, salon financing through a business loan can help cover some of the expenses to remain in operation.

2. Purchasing new equipment

Whether it’s an upgrade to your current equipment or a totally new piece of equipment to offer a new service, getting more equipment means greater service capacity — and happier customers. Beauty salon equipment financing can help you pay for any of the tools you need. 

In addition to specific hair and beauty salon equipment, many salon owners also ensure that they have the right health and safety equipment to operate during pandemic times. The money can be used to purchase air purifiers, dividers, face shields, masks, and other safety measures. 

3. Expanding operations

Opening a new location means spending for a new set of salon equipment and tools — and having the right financing partner to support you during this growth period is essential. You can use the funds to cover the new equipment, the cost of the new space, employees, and other initial operating expenses. 

4. Buying an established salon business

You don’t always have to start from zero if you want to open your own hair and beauty salon — you can purchase an existing business and build from there. This also means a considerable initial capital investment, which can be supported through obtaining business financing. 

5. Covering marketing costs

While there’s plenty of growth opportunities in the beauty salon industry, you’ll also be facing a lot of competition. Marketing is the key to ensure that the market knows your business exists and is here to stay. You can set aside a budget for advertising efforts or use proceeds from a loan to afford a wider market reach.

When you have identified what your business needs, getting approved for a loan will be easier. But if you’re still unsure about which financing options are the most suitable for you, talk to our team at Charter Capital so we can together determine your goals and find the perfect lending partner. 

Ready to start or scale your salon business? Contact Charter Capital today.

Connect with us and apply now