Working Capital Loans for Nail Salons
What are nail salons?
Nail salons are establishments that take care of your hand and toenails. They provide the usual manicure and pedicure services in addition to other high-end services like nail painting, nail repair, and other services that make your nail appear trim and prim. Some nail salons also sell luxury nail care products that they may or may not have manufactured.
The business scope of nail salons:
Nail salons capitalize on the human desire to look good and more presentable. People have become more body and image-conscious than they ever have been. Therefore, salons are offering more and more unique and personalized grooming rituals to keep their clients satisfied. Nail salons are also an attempt in this direction. In 2019, nail salons in the US brought in total revenue of US$5.9 billion. The trend is likely to grow in this year, as last year the revenues dipped on account of Covid-19 restrictions.
Working capital requirements of nail salons:
Nail salons provide grooming services, barring a few that sell some related products too. Service industries rely on the steady stream of customers to make money. If for one reason or the other that stream dries up, you are left struggling. Under such a scenario you require an instant injection of cash to meet your expenses and other obligations. You have to find a source that can readily and easily provide you with the cash that you need to meet your working capital requirements. The answer to your financial woes lies in obtaining a small business loan from VIP Capital Funding.
VIP Capital Funding for your financial needs:
VIP Capital Funding was established with the view to help small businesses that are under financial distress. The enterprise is a fin-tech organization and has been disbursing business loans to the SME sector for quite some time now. You can get a loan for any purpose; be it the start of a new business, buying some stock, opening a new branch, or something to that effect. The best part is the organization won’t monitor you to know where you are spending the money. You are free to use it in any way you like. The loan terms are very favorable and the professional staff is here to help you in every way they can.
Contact VIP Capital Funding:
You can contact VIP Capital Funding through their URL; www.vipcapitalfunding.com. You can also email or call them at consultation@vipcapitalfunding.com or 800-735-7754 respectively. Their owner and executive managing partner are available at joshuatriplett@vipcapitalfunding.com or 919-521-8459. We hope you will choose the VIP Capital Funding for your small business loans.