Flexible, small business finance for barbers
Whether you need to purchase new equipment, hairstyle products, or refurbish your existing premises, a barber shop business loan is a fast and flexible way to help support your business growth and achieve your goals.
Works with your card sales
Unlock funding from £3,000 up to £300,000 against your customer card sales.
Flexible repayments
Automatically repay a small percentage when customers purchase by card – There are no fixed payments.
No asset security required
The advance is unsecured, so your business assets are safe.
Fast funding
A quick decision and process mean you can access your money in just 24 hours* after approval.
No hidden costs
The cost of the finance is made clear to you upfront. There are no hidden costs, confusing APR’s or other nasty charges.
Apply online 24/7
Apply at any time - We can process your application 24 hours a day.
Quick Decision with No Obligation
Barber shop funding made easy
The UK is home to 63,800 hair and beauty businesses, including gentlemen’s barbering, shaving, and beard trimming. With new barber shops opening every day, investing in your business is essential to stay a cut above the competition.
If you’re looking for a business loan for your barber shop, our merchant cash advance offers a fast, unsecured way to fund your business needs. Unlike traditional bank loans with fixed monthly repayments, this funding is repaid through your future card sales. Busy month? You pay back faster. Slower month? You pay less. Repayments move in line with your revenue.
You can borrow anywhere from £3,000 to £300,000, and the funding can be used for any purpose such as upgrading equipment, refurbishing your shop, marketing, hiring staff, or expanding services. As an unsecured product with no APR, there’s no fixed term, giving your barber shop the flexibility it needs.
We know running a barber shop keeps you busy, so the process is quick and straightforward. Apply online today, and one of our financial experts will guide you through your options and help you access funding fast.
Apply NowQuick Decision with No Obligation
Barber shop loans for any purpose, such as:
- Purchase professional barber supplies including clippers, trimmers and shavers
- Invest in new barber chairs and furniture
- Stock up on popular men's hair care, shaving and grooming products
- Help to keep your cash flow in check
- Emergency repair and maintenance
- Refurbishing the interior and exterior of your barbers
- Expand your team by hiring new barbers and stylists
- Marketing and advertising
- Create a website with online booking and a store to sell your hair care products
Typically, you can borrow up to your average monthly card sales. For example, if your barber shop takes £5,000 a month in card payments, you could borrow up to £5,000. Depending on your circumstances, it may also be possible to access a higher amount.
Absolutely! Whether you’re a sole trader or a limited company, there are several ways for barbers to access business finance. If your barber shop regularly takes card payments, one of the fastest options is a merchant cash advance, where repayments are linked to your card sales. Get a quote today to see how much funding you could access for your business!
Yes, barber shop equipment financing is one of the main reasons businesses use this type of business loan. You can use it to fund the purchase of any hair, shaving and beard trimming equipment, including barber chairs, clippers and more!
Repayments are made automatically every time you make a card sale. You only pay back a small percentage of the value of your future credit and debit card transactions. Typically, this is around 10%, but it can be less or more depending on your circumstances and what you're comfortable with.
For example, if a customer pays £12.50 using their credit card for a haircut, £11.25 goes straight to your bank, and £1.25 (10%) will go towards repaying the advance.
Remember, all of your cash sales are not affected, meaning that you keep 100% of cash income.
Your barber shop can qualify for finance if your business:
- Is based in the UK
- Has been trading for over 3 months
- Operates as a sole trader or limited company
- Accepts card payments through a PDQ card machine
- Has at least £3,000 per month in card turnover
Don't worry if you're a start-up and have been trading for less than three months – we may still be able to help you.
Quick Decision with No Obligation
"We have helped many small independent barber shops across the UK receive funding to grow"
£20+ Million
Total Funded to Businesses
90%
Application Approval Rate
It's as easy as 1-2-3!
The process is fast, simple and straightforward. It's hassle-free, meaning there's no complicated paperwork to complete so you can focus on growing your business.
1
Apply online in minutes
Apply online for a cash advance from £3,000 up to £300,000 for any business purpose.
2
Get funded in 24 hours*
The merchant cash advance can be with you in as little as 24 hours* after approval.
3
Repay only when you sell
You simply pay back a small percentage of your future card sales as they happen. You only repay when you sell.
Quick Decision with No Obligation
