Truewell Business Loans helps Kennewick, Washington salon, nail and barber shop owners request equipment financing, working capital and inventory financing. Benton County, WA had 90 beauty, nail and barber employers in 2023 (our sum of three NAICS codes); funding partners review each request and decide.
At a glance
- Beauty salons
Beauty salons (NAICS 812112), Benton County, WA: 46 employers with 204 paid employees (CBP 2023)
- Nail salons
Nail salons (NAICS 812113), Benton County, WA: 41 employers with 129 paid employees (CBP 2023)
- Salons without employees
Beauty salons without paid employees, Benton County, WA: 465 (Nonemployer Statistics 2024)
- Personal care services
Personal care services (NAICS 8121), Benton County, WA: 112 employer establishments (CBP 2023)
Nail Salon Financing: How a Kennewick, WA Owner Pays for Dryers
Nail dryers, UV and LED lamps, ventilated tables and the extraction that goes with them are the tools a nail salon replaces on a cycle. They are modest purchases one at a time, and many owners buy them outright. Financing makes sense when the salon is refitting a whole row at once, or adding ventilation that a remodel requires.
Nail salons in Benton County, WA are small: 34 of the 41 employer nail salons had fewer than five employees in 2023 (County Business Patterns). A partner reading a small salon's request leans on card deposits more than on financial statements.
Nail Salon Loan for Kennewick, WA Salon Owners Buying Pedicure Chairs
Pedicure chairs with plumbing and jets are one of the larger nail salon purchases, and installation means a plumber and sometimes a permit. In an invented example, four chairs and their installation at $24,000 over 36 months at an invented annual rate of 12% work out to about $797 a month and about $28,697 in total (invented).
If each chair adds a few pedicures a day at the salon's usual price, the owner can test that payment against the extra service revenue before signing.
Barber Shop Loan for Kennewick, WA Barbers Adding Chairs
Benton County, WA had only 3 barber shops with paid staff in 2023, but 88 barber businesses without employees in 2024 (County Business Patterns; Nonemployer Statistics), so most barbers here work on their own or rent a chair. A barber adding chairs to take on renters is buying equipment that earns booth rent, and partners will want to see the rental agreements.
Barber chairs, mirrors, stations and a sterilization area are standard equipment requests. A chair-renter model also changes what a partner reads: steady weekly rent from three or four barbers can look more predictable than walk-in service sales, so keep a ledger of rent received alongside the bank statements.
Hair Salon Loans: How Benton County, WA Salon Owners Use Them for Suite Build-Outs
Salon suites, small private rooms a stylist rents or owns, need walls, doors, plumbing for a shampoo bowl, electrical and ventilation. A suite build-out inside a leased space is leasehold work, often financed on a term loan with the stations and bowls on equipment terms. Partners look at the lease term: a build-out should not outlast the lease.
The salon expansion article compares the options for adding chairs or a suite, with an invented example.
Beauty Salon Loans for Kennewick, WA Salon Owners: Styling Stations and Product Inventory
Styling stations, hydraulic chairs, shampoo bowls and backwash units, hood dryers and color bars make up the equipment side of a beauty salon. Retail product and color stock make up the inventory side, and they turn at different speeds. Color is used weekly; retail product may sit for months.
In an invented example, a $14,000 opening order of retail product and color for a second location, financed over 24 months at an invented annual rate of 13%, comes to about $666 a month (invented). Many owners prefer to put recurring color orders on a line of credit instead.
Beauty, Nail and Barber Shops in Benton County, WA Census Counts
| Type | Employer establishments (2023) | Paid employees (2023) | Without paid employees (2024) |
|---|---|---|---|
| Beauty salons (812112) | 46 | 204 | 465 |
| Nail salons (812113) | 41 | 129 | 41 |
| Barber shops (812111) | 3 | 9 | 88 |
Most of the county's salon businesses have no payroll at all: 465 beauty salons without employees against 46 with them. Many of those are booth renters and suite operators, which is why booth rent shows up in so many salon requests.
Booth Rent, Card Sales and the Lease: A Benton County, WA Salon File
- Six to twelve months of card deposits and bank statements
- Booth or suite rental agreements, if you have renters
- The lease and its remaining term
- Equipment quotes with installation listed
- Retail sales reports from the POS
Gyms and child care centers are on their own pages: gym business loans and daycare center financing. The request steps explain the order.
By Truewell Business Loans · Updated
