Medspa Working Capital Loans
Working capital is the lifeblood of any aesthetic practice. Whether you need to cover payroll during slow seasons, invest in marketing campaigns, or manage cash flow gaps, our working capital loans provide the flexibility you need to keep your medspa running smoothly.
What is Working Capital?
Definition
Working capital is the difference between your current assets (cash, accounts receivable, inventory) and current liabilities (accounts payable, short-term debt). It represents the funds available for day-to-day operations.
Working Capital Formula
Example: $150,000 (assets) - $50,000 (liabilities) = $100,000 working capital
Common Uses for Working Capital
Payroll & Staffing
Cover payroll during seasonal fluctuations or when expanding your team
- Monthly payroll expenses
- Hiring new staff members
- Overtime and bonuses
- Staff training programs
Marketing & Advertising
Invest in marketing campaigns to grow your patient base and increase revenue
- Digital marketing campaigns
- Social media advertising
- Print and online ads
- Website development
- Branding and design
Inventory & Supplies
Stock up on treatment supplies, skincare products, and consumables
- Treatment supplies
- Skincare products
- Medical consumables
- Equipment maintenance
- Safety supplies
Facility & Operations
Cover operational expenses and facility improvements
- Rent and utilities
- Insurance premiums
- Equipment maintenance
- Software subscriptions
- Office supplies
Growth & Expansion
Fund growth initiatives and business development
- New service launches
- Equipment upgrades
- Staff training
- Certification programs
- Partnership development
Seasonal Cash Flow
Manage cash flow during slower periods or seasonal fluctuations
- Holiday season gaps
- Summer slowdowns
- Economic downturns
- Unexpected expenses
- Revenue fluctuations
Types of Working Capital Loans
Line of Credit
Flexible revolving credit that you can draw from as needed
Features:
- Draw funds as needed
- Pay interest only on amount used
- Revolving credit facility
- Flexible repayment terms
- Quick access to funds
Term Loan
Fixed amount loan with regular monthly payments
Features:
- Fixed loan amount
- Predictable monthly payments
- Clear repayment schedule
- Lower interest rates
- Longer terms available
Invoice Financing
Get cash advances on outstanding invoices
Features:
- Advance on receivables
- Quick funding
- No collateral required
- Flexible terms
- Credit based on invoices
Merchant Cash Advance
Cash advance based on future credit card sales
Features:
- Based on card sales
- Quick approval
- Flexible repayment
- No fixed payments
- Easy qualification
Benefits of Working Capital Loans
Maintain Cash Flow
Keep your practice running smoothly during seasonal fluctuations or unexpected expenses
Seize Opportunities
Take advantage of growth opportunities, equipment deals, or market expansion
Flexible Terms
Choose repayment terms that work with your business cycle and cash flow patterns
Quick Access
Get funding quickly when you need it most, often within 24-48 hours
No Collateral
Many working capital loans don't require equipment or real estate as collateral
Build Credit
Establish and improve your business credit profile for future financing needs
Working Capital Needs Calculator
How Much Working Capital Do You Need?
Calculate your working capital needs by considering your monthly expenses, seasonal fluctuations, and growth plans. Here's a simple formula:
Example Calculation
Working Capital Loan Process
Application
Complete our simple online application with basic business information
Documentation
Submit required documents including bank statements and financial records
Review & Approval
Our team reviews your application and approves your working capital loan
Funding
Receive your working capital funds directly to your business account
Working Capital Loans FAQ
What's the difference between working capital and equipment financing?
Working capital loans fund day-to-day operations, while equipment financing is specifically for purchasing equipment. Working capital is more flexible and can be used for various business needs.
How much working capital can I get?
Working capital loan amounts typically range from $25,000 to $1,000,000, depending on your business revenue, creditworthiness, and specific needs.
Do I need collateral for working capital loans?
Many working capital loans are unsecured, meaning they don't require collateral. However, secured loans may offer better terms and rates.
How quickly can I get working capital funding?
Most working capital loans are approved within 24-48 hours, with funding typically completed within 3-5 business days.
Can I use working capital for equipment purchases?
Yes, working capital can be used for equipment purchases, though equipment financing may offer better terms for specific equipment needs.
What credit score do I need?
We typically require a personal credit score of 600 or higher, though we consider overall business performance and cash flow.
Ready to Secure Your Working Capital?
Don't let cash flow gaps slow down your practice growth. Get the working capital you need to keep your medspa running smoothly and seize growth opportunities.
