ABOUT OUR LOANS
Beauty Supply Lending Group provides funding for aspiring and existing beauty supply owners in 3 main categories: credit-based funding, income-based funding and revenue-based funding.
CREDIT-BASED FUNDING
Credit-based funding is when the loan is processed using the strength of the owner's (or partner's) credit profile. Estimated turnaround time = 1 day for approval / 10 business days for funds disbursement. (Typical Loan Approval $120,000)
INCOME-BASED FUNDING
Income-based funding is when the loan is processed using the strength of the owner's (or partner's) income and debt-to-income ratio. Estimated turnaround time = 5 business days for loan closing (Max Loan Approval $80,000)
REVENUE-BASED FUNDING
Revenue-based funding is when the loan is processed using the strength of the owner's (or partner's) existing business' revenue. Estimated turnaround time = 48-72 hours for funds disbursement. (Max Loan Approval $450,000)
When applying, we simply determine which loan option best fits your situation, then move forward with starting the process to getting you funded. The faster you submit your documents to us, the faster you're funded and getting your market share.
CREDIT-BASED FUNDING
Credit-based funding is when the loan is processed using the strength of the owner's (or partner's) credit profile. Estimated turnaround time = 1 day for approval / 10 business days for funds disbursement. (Typical Loan Approval $120,000)
INCOME-BASED FUNDING
Income-based funding is when the loan is processed using the strength of the owner's (or partner's) income and debt-to-income ratio. Estimated turnaround time = 5 business days for loan closing (Max Loan Approval $80,000)
REVENUE-BASED FUNDING
Revenue-based funding is when the loan is processed using the strength of the owner's (or partner's) existing business' revenue. Estimated turnaround time = 48-72 hours for funds disbursement. (Max Loan Approval $450,000)
When applying, we simply determine which loan option best fits your situation, then move forward with starting the process to getting you funded. The faster you submit your documents to us, the faster you're funded and getting your market share.
