Coralpoint Commercial Capital, a small-business funding service in Titusville, FL, arranges funding for hair salons, nail studios and barbershops in Brevard County, FL: equipment financing for chairs and stations, working capital for payroll and product, and a clear comparison of card-sale advances. A funding partner reviews each request and decides.
| Beauty salons with employees (2023) | 220 in Brevard County, FL |
|---|---|
| Nail salons with employees | 26 |
| Beauty salons without payroll (2024) | 1,536 |
| Nail salons without payroll (2024) | 1,078 |
Space Coast salons and barbers in Census counts
Brevard County, FL counted 220 beauty salons, 26 nail salons and 18 barber shops with employees in 2023 (County Business Patterns 2023). Beauty salons employed 752 people with $23.2 million in annual payroll, and 75.0% had fewer than five employees.
The county also had 1,536 beauty salons, 1,078 nail salons and 261 barber shops with no payroll in 2024 (Nonemployer Statistics 2024). Those counts are a separate program and year from the employer counts.
How a salon's cash cycle works
Clients pay at the chair, often by card, so revenue can arrive daily. Costs include rent, product, payroll or commission, and periodic spending on chairs, stations, shampoo units, pedicure spas and dryers. A refit or a move to a bigger space can be among the larger single costs. A salon that rents booths collects rent from those stylists instead of service revenue.
Salon equipment financing
Salon equipment financing covers styling chairs, stations, shampoo bowls, pedicure chairs, dryers and lasers. A salon equipment loan works like other equipment financing: the partner pays the vendor and the equipment secures the deal. Bring the vendor quote and recent statements. See the equipment financing page.
Small business loans for salons by need
| Need | Structure |
|---|---|
| Chairs, stations, pedicure spas | Equipment financing |
| Payroll and product while building a client base | Working capital |
| A refit or second location | Term loan |
| Short-term need against card sales | Merchant cash advance: future card sales bought, never a loan |
Steps to a business loan for a Space Coast salon
Start by separating the purchase from the gap. Equipment for a new suite is an equipment request; covering payroll while new stylists build their books is a working capital request. Partners look at card deposits, time in business and the lease.
Illustrative only: a salon adding three stations budgets $8,700 for chairs and stations and $5,400 for product and two months of an assistant's wages. Equipment financing covers the first; working capital the second. All figures are invented.
Card-sale advances for salons
A salon that takes daily card payments may be offered a merchant cash advance. An advance is not a loan; it buys future card sales and is collected daily. Compare its total dollar cost with equipment financing or working capital before signing.
What partners review for hair salon business loans
- Card processing and business bank statements
- Lease terms and remaining length
- Equipment quotes
- How long the business has operated, and its yearly revenue
- How stylists are paid: commission, wages or booth rent
Booth rent, commission and wages
How a salon pays its stylists changes how its finances look. A booth-rent salon shows rent deposits; a commission salon shows service revenue with matching payouts; a wage-based salon carries fixed payroll. Partners may read each differently, so say which model you use when you call.
Other personal care businesses appear on the industries page; local figures are on the Titusville, FL page.
By Coralpoint Commercial Capital · Updated