A Business Loan to Help a High Street Salon Grow to the Next Level

The spa and salon sector has always been important to Rivers. We know it well and have had a strong reputation for supporting the industry through asset finance and business loans for many years.

When this client came to us, they were looking to purchase £81,750 of salon equipment, for which we financed £73,575 over a five-year term. They own a profitable business and wanted to borrow the funds to buy two new pieces of equipment that would help them grow further.

While they had the financial resources to fund the purchase themselves, they preferred to borrow it as part of a sensible and measured approach to cash flow, which is a mindset we very much support.