Working capital for salons, barbershops, spas, nail studios, gyms and fitness studios — for renovations, equipment, staff and a new location.
More stations or rooms means more revenue — once they're paid for.
Chairs, beds, plumbing and lighting all come before the first new client.
The weeks after the holidays can be quiet while rent stays the same.
Lots of paperwork for a business they see as small.
A salon bringing in about $45,000 a month is booked out weeks ahead and wants $30,000 to add three stations. The owner applies online, sees the options the same day, and the new stations are in before the busy season.
Illustrative example — not a real client, and not a quote or a promise of approval.About 2 minutes. Basic business info and your recent bank statements.
As fast as 10 minutes. Soft credit check only — no impact to your score.
Same day once approved, straight to your business account.
Yes. Renovations, equipment, product inventory, marketing and hiring are all common uses — it's working capital for your business.
No. Collateral isn't required.
No. We run a soft credit inquiry to pre-qualify, which doesn't affect your score. A hard inquiry may happen at funding.
No. Clovex provides revenue-based financing — capital based on your business revenue, with a fixed payback.
About 2 minutes. No impact to your credit.
