Thinking about refreshing your salon or adding more stations to keep up with demand? Renovations and expansions are exciting milestones—but they also require serious capital.
From updating interiors and adding spa rooms to upgrading your salon equipment, costs can quickly climb into the tens of thousands. The good news? Getting funding for your salon renovation or expansion is absolutely possible—and often easier than you think.
You can fund a salon renovation or expansion through business loans, equipment financing, SBA loans, or leasing. Each option offers different terms and benefits.
Your salon’s appearance and layout directly impact your brand, client experience, and revenue. But common upgrades—like new chairs, lighting, flooring, or layout reconfiguration—require upfront cash that most small businesses don’t have sitting around.
That’s where funding options come in. With the right financing, you can:
Upgrade your space to attract high-end clientele
Add more chairs or treatment rooms to serve more customers
Boost revenue with added services (e.g., lashes, facials, nails)
Keep cash flow steady while growing your business
Potentially deduct interest and depreciation (check with a tax professional)
Related: Salon and Spa Equipment Leasing Options: Upgrading Your Space
You can secure funding for nearly every part of your renovation or expansion, including:
Flooring, wall treatments, and lighting
Plumbing or electrical updates
Custom cabinetry or layout reconfiguration
Signage and exterior upgrades
New styling chairs and shampoo stations
Dryers, rolling carts, and treatment beds
Mirrors, lighting, and furniture
POS systems
, booking software, and marketing tools
Security systems and reception tech
Great for full salon remodels
Requires good credit and business history
Use for salon chairs, dryers, beds, or technology
Low upfront cost, fixed monthly payments
Often easier to qualify for than traditional loans
Ideal for renovations under $50,000
Competitive interest rates
Use funds as needed and only pay interest on what you draw
Some salon equipment suppliers offer in-house financing
Bundle installation, delivery, and warranties
Fast funding, but higher rates and personal liability
| Type of Upgrade | Estimated Cost |
|---|---|
| Full interior remodel | $15,000–$100,000+ |
| Adding 2–4 stylist stations | $10,000–$30,000 |
| Spa room build-out | $5,000–$20,000 |
| Equipment refresh (chairs, dryers) | $5,000–$25,000+ |
Most lenders and financing programs will require:
Business license and EIN
Equipment or renovation quotes
3–6 months of bank statements
Credit score (600+ preferred)
Business financials or a basic plan for new salons
Use business loans, SBA microloans, or equipment financing
Cover remodel costs, new equipment, and tech upgrades
Grow your client base and improve your salon experience
Renovating or expanding your salon is one of the smartest ways to grow your revenue and brand—but it doesn’t have to break the bank. With smart funding options, you can create a modern, client-friendly space while keeping your finances under control.
Ready to upgrade your salon?
Apply now for renovation or expansion financing and create the space your clients (and team) will love—without the financial stress.