Unsecured business loan · Beauty and salons
Unsecured business loan for beauty and salons
Beauty and salon finance is lending for hair, beauty and cosmetic clinics, funding treatment equipment such as aesthetic lasers, salon fit-outs, retail stock and the working capital around seasonal trade.
How a unsecured business loan works for beauty and salons
Unsecured lending covers the February problem. Trade drops away after a huge December, rent and wages continue, and a short facility bridges the gap until autumn bookings recover. It also funds training courses for staff on a new device, or a stock-up before the Christmas run. Approval is quick with light documentation and it costs more than secured money, so keep it short and specific. We test the repayment against February, not against your best month.
The cash-flow pattern we plan around
Appointment-based income paid at service, peaking sharply in November and December and dipping in late January and February.
What beauty and salons typically fund
- Aesthetic lasers, IPL and skin treatment devices
- Salon fit-out, chairs, basins and mirrors
- Treatment beds and sterilisation equipment
- Retail product stock
- Booking, POS and marketing systems
Unsecured business loan for beauty and salons: the numbers
| Typical amounts | $5,000 – $500,000 |
|---|---|
| Term | 3–36 months |
| Indicative rates | 9.9% – 29.5% p.a. |
| Repayments | Daily, weekly or monthly |
| Speed | 24–72 hours after documents are received |
| Documents beauty and salons usually need | ABN and lease for the premises · 6 months of bank statements and merchant statements · Equipment or fit-out quote from the supplier |
Rates shown are indicative ranges observed across our lender panel for the period stated. They are not an offer or quote. Your rate depends on your business, the lender, the amount, the term and the security offered. The lender makes the final credit decision.
Key terms
Salon equipment finance
Salon equipment finance is secured lending for hair and beauty equipment — styling chairs, basins, treatment beds, sterilisers and aesthetic devices — typically written over two to five years against the equipment.
Aesthetic device payback
Aesthetic device payback is the number of treatments required for a laser or IPL machine to cover its finance repayment, used to test whether a device purchase is supported by realistic client demand.
What is an unsecured business loan?
An unsecured business loan is finance provided to a business without a specific asset held as security. Approval is based on trading history, bank statements and cash flow. Most lenders still require a personal or director’s guarantee.
How is an unsecured business loan repaid?
Repayments are usually daily, weekly or monthly direct debits over 3 to 36 months. Some lenders quote a factor rate (total payable ÷ amount borrowed) rather than an annual interest rate, so always compare the total cost.
Who is eligible for an unsecured business loan in Australia?
Typical minimums are an active ABN, 6 to 12 months of trading and monthly turnover above roughly $10,000, but each lender sets its own criteria. Lyft Money checks fit across the panel before anything is submitted.