(800) 949-0401 Apply NowMedical spas operate at the intersection of healthcare and luxury — requiring medical-grade equipment at healthcare prices ($50K-$500K+ per device) combined with the upscale build-out expectations of a high-end spa. Unlike insurance-based medical practices, med spas run on a cash-pay model, which provides revenue predictability but removes the reimbursement safety net. Crestmont Capital provides med spa business loans structured around aesthetic practice economics: equipment financing for lasers and body contouring devices, build-out loans for the luxury clinical environment, working capital for injectable inventory, and expansion financing for multi-location growth.
Med spas face capital challenges that distinguish them from both traditional spas and medical practices. The core challenge: aesthetic technology is extremely expensive, depreciates quickly as technology evolves, and must be replaced or upgraded to remain competitive. A med spa that opens with a $120,000 laser platform in 2022 may need $150,000 in new equipment by 2025 to offer current treatments clients are requesting.
According to the American Med Spa Association, the medical aesthetics industry is one of the fastest-growing segments of healthcare. Capital access is critical for competing effectively. See also: medical equipment financing and SBA loans.
Equipment financing uses the purchased device as collateral — enabling better rates than unsecured alternatives. All aesthetic devices qualify: laser platforms, body contouring equipment, RF devices, IPL systems, injectables training equipment, autoclave sterilizers. Terms 3-7 years matched to device useful life. See our equipment financing page.
Device costs: Fraxel laser $80K-$150K, CoolSculpting $80K-$130K, Morpheus8 RF $80K-$120K, IPL system $30K-$80K, HydraFacial $15K-$30K, EMSculpt $100K-$150K, microneedling RF $20K-$60K.
Converting commercial space into a compliant, luxury med spa environment: reception area, treatment rooms, nursing station, sterilization area, and aesthetics-specific plumbing/electrical. Total build-out $150K-$400K+. Term loans of 5-7 years for leasehold improvements.
Botox, fillers, skincare retail products, and other injectables require ongoing bulk purchasing. Working capital loans or inventory financing provide capital for large product orders, enabling volume pricing from suppliers and ensuring supply continuity. See our inventory financing page.
Working capital covers payroll, rent, marketing, supplies, and operating costs during client ramp-up periods or slower months. Short-term (6-18 months), revenue-based underwriting that evaluates monthly cash-pay collections.
Once a first location is profitable and systemized, expansion to a second location requires $300K-$600K+ in combined equipment, build-out, and working capital. Long-term loans and SBA 7(a) loans provide the best structures for multi-location growth.
Physician-owned med spas qualify for SBA 7(a) loans — particularly for practice acquisition, equipment investment, and facility build-out. Best rates and longest terms for established operations with 2+ years of history and strong collections.
A revolving business line of credit provides ongoing access to working capital — draw for injectable inventory purchases, marketing campaigns, or seasonal expenses; repay from treatment revenue; draw again.
| Requirement | Typical Threshold | Notes |
|---|---|---|
| Personal Credit Score | 640+ preferred | Equipment loans accessible at 600+ |
| Medical Director License | Active MD, DO, NP, or PA license | Required for medical procedures |
| Time in Business | 1+ year | SBA loans prefer 2+ years; equipment financing available sooner |
| Monthly Revenue | $30,000+ | Cash-pay collections are primary metric |
| Business Bank Account | Active, 6+ months | Cash-pay deposits provide clean revenue documentation |
Fast approvals. Aesthetic industry expertise. Apply with Crestmont Capital today.
Apply Now →| Product | Typical Rate | Term | Best Use |
|---|---|---|---|
| Aesthetic Equipment Financing | 8%–22% APR | 3–7 years | Lasers, body contouring, RF devices |
| Build-Out Loan | 8%–20% APR | 5–7 years | Treatment rooms, reception, clinical build |
| Working Capital Loan | 18%–40% APR | 6–18 months | Payroll, rent, marketing, operations |
| Inventory Financing | 15%–35% APR | 3–12 months | Injectables, skincare products |
| SBA 7(a) Loan | Prime + 2.75–4.75% | Up to 10 years | Expansion, best rates |
| Business Line of Credit | 15%–35% APR | Revolving | Ongoing inventory and operations |
| Med Spa Type | Common Financing Needs | Best Products |
|---|---|---|
| Physician-Owned Med Spa | Full device suite, luxury build-out, expansion | SBA loan, equipment financing, LOC |
| NP/PA-Owned Practice | Device financing, build-out, working capital | Equipment financing, working capital |
| Medical Director Model | Devices, marketing, staff, injectable inventory | Equipment financing, working capital, LOC |
| IV Therapy / Wellness Bar | Equipment, supplies, build-out | Working capital, equipment financing |
| Laser Hair Removal Studio | Laser equipment, build-out, marketing | Equipment financing, working capital |
| Hormone/Functional Medicine | Lab equipment, supplements inventory, tech | Equipment financing, working capital |
A physician-owned med spa adds a comprehensive laser platform: Fraxel ($120,000), IPL ($55,000), and Morpheus8 ($95,000) = $270,000 total. Equipment financing at 10% over 5 years = $5,740/month. Each device booked 6 treatments/day at an average $600 = $10,800/day across all three platforms. Monthly device revenue: $237,600. Monthly payment as % of device revenue: 2.4%.
An established single-location med spa opens a second location in an adjacent suburb. Leasehold improvements: $180,000. Equipment for second site: $200,000. Initial injectable inventory: $25,000. Working capital reserve: $45,000. Total: $450,000. SBA 7(a) loan at 8.5% over 10 years = $5,580/month. Second location reaches break-even at month 6, contributing $85,000/month in revenue by month 12.
A high-volume injectable practice goes through $40,000-$60,000 in Botox and filler products monthly. A bulk purchase order of $120,000 secures 30% volume pricing from the supplier vs. spot ordering. A $120,000 working capital loan at 20% APR over 6 months = $21,400/month payment. The volume pricing saves $36,000 vs. spot orders over the same period. Net benefit after financing cost: $19,800.
An NP with 8 years in aesthetics opens her first med spa: 1,500 sq ft space, 3 treatment rooms. Build-out: $165,000. Core equipment (HydraFacial + Morpheus8 + IPL): $180,000. Initial injectable inventory: $30,000. Working capital for first 90 days: $45,000. Total: $420,000. Equipment financing ($180K) + working capital loan ($75K) + build-out term loan ($165K) structured separately to minimize total financing cost.
| Product | Speed | Rate | Best For |
|---|---|---|---|
| Aesthetic Equipment Financing | 3–7 days | 8%–22% APR | Lasers, devices, equipment |
| Working Capital Loan | 2–5 days | 18%–40% APR | Operations, injectable inventory |
| SBA 7(a) Loan | 4–8 weeks | Prime + 2.75–4.75% | Expansion, best rates |
| Business Line of Credit | 3–7 days | 15%–35% APR | Ongoing inventory and operations |
| Conventional Bank Loan | 4–6 weeks | 7%–15% APR | Strong credit, established practice |
Join medical spas across the U.S. who chose Crestmont Capital.
Apply Today →Crestmont Capital understands medical aesthetics economics — device ROI timelines, cash-pay revenue documentation, injectable inventory cycles, and the luxury-clinical build-out requirements of competitive med spas.
Related: medical equipment financing, SBA loans, dental practice loans, beauty salon loans.
640+ preferred for equipment financing. Some products accessible at 600+ when the device provides strong collateral. SBA loans prefer 680+. Strong cash-pay revenue history can partially offset lower credit scores.
Yes. Equipment financing is the most accessible option because the device provides collateral. Startup med spas with strong personal credit (700+) and an experienced medical director can access equipment financing for core devices. Build-out loans for established operators.
Multiple devices are typically financed separately — each device as its own equipment loan using that device as collateral. This maximizes the loan amount available per device and matches repayment terms to each device's productive life. Alternatively, a single facility equipment loan can cover multiple devices.
Yes. Working capital loans and inventory financing can fund injectable product purchases. Many high-volume practices finance bulk injectable orders to access volume pricing from manufacturers — the savings often exceed the financing cost.
Not necessarily — NP and PA-owned med spas qualify for all financing products. However, demonstrating a valid medical director relationship and appropriate state licensing for the procedures performed is required for medical practice financing products.
Equipment financing: 3-7 business days. Working capital loans: 2-5 days. SBA loans for expansion: 4-8 weeks. Fast working capital for urgent needs: 24-72 hours. Plan financing applications 3-4 weeks before you need capital.
Payback periods vary by device and booking volume. A $100,000 device generating $15,000/month in revenue at 30% margins adds $4,500/month in net contribution — paying back in approximately 22 months. Higher-priced treatments (Morpheus8 at $1,200/session) pay back faster than lower-priced volume treatments.
Yes. SBA 7(a) loans are the primary product for med spa acquisitions — the existing practice's cash-pay revenue history is the primary underwriting basis. Acquisitions typically range from $200K-$1.5M depending on device portfolio value and revenue.
Disclaimer: The information provided on this page is for general educational purposes only and is not financial, legal, or tax advice. Funding terms, qualifications, and product availability may vary and are subject to change without notice. Crestmont Capital does not guarantee approval, rates, or specific outcomes. For personalized information about your med spa financing options, contact our team directly.
