Salon &
Beauty
Salon and Beauty Equipment Finance
Despite the continued economic downturn, and the ever-present pressure on disposable income, the salon and beauty sector has remained resilient, and in many areas even grown.
Without a doubt, some of this success can be attributed to the continued use of equipment leasing throughout both new and existing salons and beauty parlours.
The number of small retail businesses providing a range of beauty treatments is huge, meaning many different types of equipment and products available for the market. We have helped salons lease equipment of all sorts, including:
- Reception Desks & Sink Units
- Chairs & Treatment beds
- Nail stations
- Ultrasound machines
- Shop fittings
- Electro therapy machines
- Laser Hair Removal Equipment
- Massage and toning tables & EPOS
The equipment leasing we offer as part of our long experience in finance works for salon businesses by allowing you to get the equipment you need today, but make fixed payments over a long-term contract, allowing you to use your hard-earned cash for other areas of business growth. By shifting your equipment costs from capital expenditure to operational expenditure, you’ll also be giving yourself great tax benefits – namely that the cost of leasing can normally be written off against your tax bill!
We operate with a policy of ‘Common Sense Underwriting’, which means we’ll help you get finance for equipment that has little or no residual value outside of your business after it’s been purchased, in stark contrast to traditional lenders (like your bank) who won’t even consider it!
Blog
Filling the Funding Void Felt by Fitness Facilities
In an industry still feeling somewhat uneasy recently due to its unpredictability; the pre-COVID boom halted by the pandemic, now continuing through soaring overheads, interest rates and inflation, it’s important to focus on what you can control. Companies should be...
Case studies
Eze Tan fund salon refurb with Johnson Reed loan
Established in the industry for over 13 years, Director, Jane Saunders, also owns a second site in Stevenage; The Sun Factory. As a long-standing customer of Johnson Reed, Jane has acquired a number of sunbeds for both sites through leasing agreements. On hearing about our unsecured loan facilities, Jane turned to Paula to arrange finance for various salon refurbishments. The required amount and fixed term was agreed, and the funds were arranged promptly.
