™
Working capital for
salons, spas & clinics.
A beauty business spends to look the part — the fit-out, the chairs, the kit, the shelves of stock — long before the chair pays for itself. Short-term finance bridges that gap, and on every product the company borrows, never you personally. No personal guarantee.
Creditcorp is the growing name for the Credicorp group, and Credicorp Limited is the lender behind it. For an incorporated salon, spa or clinic, it does one thing: short-term working capital to keep the space looking sharp and the diary full.
Beauty and wellness is an appointment-led, presentation-led business, and that shapes the money. A new salon fits out before it takes a single booking; an established one re-fits to stay current while it is still trading; a spa stocks professional product and retail lines ahead of a busy season; an aesthetics clinic carries a five-figure piece of kit that earns over years, not weeks. This page looks at how a Business Bridging Loan, Credicorp Flex or Credicorp Slice tends to be used to bridge those gaps, so you can picture the fit before you apply.
Throughout, the borrower is the company — a UK private limited company (Ltd), LLP or PLC — not the director who signs. That means no personal guarantee, no charge over a home and no personal credit check on a director. These are not personal loans, payday loans or sole-trader finance. When you’re ready, applying happens on the lender’s own site, credicorp.co.uk.
Why salons and spas run short on cash
It is rarely the day-to-day takings — those tend to be steady. It is the lumps: the fit-out, the kit, the stock and the seasons.
The space has to be paid for before it earns
A salon or spa sells an experience, so the room has to be right first. Chairs, basins, treatment couches, mirrors, lighting, flooring, a reception and a colour bar all land as one big outlay — whether you are opening a new site or re-fitting an existing one to keep it feeling current. The refreshed space only starts paying that back once clients are sitting in it.
Chairs and kit are real money up front
Professional equipment is not cheap. Styling stations and dryers, a wax or massage station, nail desks and lamps, a sterilising setup, or a serious bit of aesthetics technology — a laser, an IPL or a body-contouring machine — can run into thousands or tens of thousands. It earns steadily over years, but the supplier wants paying now.
Product stock ties up cash between seasons
Colour, skincare, nail systems, consumables and the retail shelf all have to be bought in before they are used or sold. Buying ahead of a peak — or in volume to hit a distributor price break — means money leaves the account weeks before it comes back through the till and the treatment chair.
The calendar runs hot and cold
Beauty is seasonal in a very particular way: flat after Christmas, building through spring, flat out before summer holidays, weddings and the party run-up to December. Rent, wages and stock do not dip in the quiet weeks the way the takings do, so the slow stretches are where the squeeze is felt.
The kinds of funding that fit a beauty business
Three plain-English shapes of short-term credit. The detail and the live terms sit with the lender — here is how each tends to be used on the salon floor.
A Business Bridging Loan — a fixed sum for a known project
A single lump sum into the company account, repaid over a short, fixed term. It suits a one-off, time-boxed cost you can name: a salon fit-out or re-fit, a run of new styling stations, fitting out a second treatment room, or a deposit on a serious piece of equipment. You know the figure, and you can see the bookings that will pay it back coming in.
Credicorp Flex — a line that flexes with the diary
A revolving facility the company can dip into and repay as the calendar turns. For a salon whose takings swing with the seasons, it smooths the quiet weeks — draw a little after Christmas, repay as the wedding and summer diary fills — without carrying a fixed loan through the slow months. You pay only for what you draw, not the whole limit.
Credicorp Slice — spread a single supplier bill
Got a chunky distributor or equipment invoice you would rather not pay in one hit? Slice settles it in full today and lets the company repay over a few weeks for a flat fee. The product order lands or the new chair goes in, the supplier relationship stays sweet, and the cost is fixed before you commit.
We don’t publish rates or terms on this page on purpose — they live with the lender so you always see the current figures. Check the live product pages on credicorp.co.uk before you apply.
The company borrows — not you
In a trade often built and run by one founder, this is the part worth slowing down on.
A great many salon and spa owners have been asked, by a bank or a broker, to put their home on the line for a fit-out loan or a kit facility. A personal guarantee or a charge over the family house turns a business cash-flow gap into a personal risk — and in a trade where one quiet quarter or a lease move can swing the year, that is a heavy thing to sign.
Credicorp is built differently. The agreement is between Credicorp and your company — the Ltd, LLP or PLC that holds the lease, the equipment and the bank account. There is no personal guarantee, no charge over a home and no personal credit check on a director. The company stands on its own trading position, which is exactly how it should be when the money is funding the company’s chairs, kit and stock.
This is the flip side of the lender’s model: because Credicorp lends only to bodies corporate, it sits outside consumer credit entirely. The full regulatory position is set out on the group site, creditcorpgroup.co.uk/lending-and-regulation.
How it can play out — a worked example
A made-up, clearly anonymised business — not a real customer — just to show the shape of the timing problem.
Picture a busy hair and beauty salon — call it a UK limited company with six stylists and two beauty therapists, trading well for a few years from a high-street unit. The space is starting to look tired, and a smarter salon has just opened two doors down. The owner plans a re-fit over a quiet fortnight in late January: new styling stations and basins, a fresh colour bar, lighting and flooring, and a second treatment room carved out of the back to add facials and brows.
The fit-out, the chairs and the kit all have to be paid for before the refreshed salon takes a single new booking, and January is the leanest month of the year. On paper the numbers work comfortably — the extra treatment room and the lift in the space will more than pay for themselves over the spring and the wedding season — but in the bank account, the company is funding the whole project up front, in its quietest weeks, while a separate professional-stock order for the busier months is also due.
Rather than lean on the director personally or put the home on the line, the company bridges the gap with short-term finance against its own trading position — covering the fit-out and the chairs — and repays as the spring diary fills and the new room starts earning. A single supplier bill for the colour bar is spread separately over a few weeks. Same salon, same plan; the difference is simply that the cash was there when the re-fit needed it. The figures and the right product for a situation like this are set on the lender at credicorp.co.uk.
Beauty & wellness funding — common questions
The questions salon and spa owners ask most. For anything beyond these, the lender’s team can help.
Can my salon or spa company borrow without a personal guarantee from the director?
Yes. Credicorp lends to the company — a UK limited company, LLP or PLC — not to the director who signs. There is no personal guarantee, no charge over a home and no personal credit check on a director. The agreement sits between Credicorp and your business.
We are refitting the salon and buying new chairs and kit. Can funding cover that?
A fit-out or re-fit is one of the most common reasons salons look at short-term finance — chairs, basins, treatment couches, a laser or a new colour bar all hit at once, before the refreshed space starts earning. A Business Bridging Loan can put a known sum into the company account for a known project, or Credicorp Slice can spread a single supplier bill for the kit. The live figures are set on the lender at credicorp.co.uk.
Our trade is seasonal — quiet after Christmas, flat out before summer and party season. Does that matter?
It is exactly the pattern these products are built around. A revolving Credicorp Flex facility lets the company draw a little in the quiet weeks and repay when the diary fills, paying interest only on what is actually drawn rather than carrying a fixed loan through the slow months.
Can we use this to buy professional and retail stock ahead of a busy period?
Yes. Buying colour, skincare, nail and retail lines in before a peak — or to hit a distributor price break — is a classic working-capital use. The stock earns over the following weeks; the finance simply bridges the gap between paying the supplier and selling through.
Are you a bank, and is this regulated consumer credit?
No. Credicorp is an exempt business lender, not a bank and not a consumer-credit firm. It lends only to bodies corporate under Article 60B of the FSMA Regulated Activities Order 2001, so this is business credit, not a regulated consumer credit agreement. It is not for sole traders or for borrowing in a personal name.
Where do I actually apply?
This site is the Creditcorp brand front door and does not take applications. Applying, drawing down and managing the account all happen on the operating lender, credicorp.co.uk. You can compare the products and start an application there.
More general answers live on the Creditcorp FAQ, and the how-it-works overview walks through the whole journey from first look to funds in the bank.
Related sectors
If your work overlaps these trades, their pages may fit the cash-flow shape too.
- Healthcare & dental — spreading the cost of clinical equipment and a refit, much like an aesthetics or skin clinic.
- Fitness & leisure — kitting out a studio and steadying cash flow that dips and spikes with memberships and the seasons.
- Retail & shops — buying retail and product stock ahead of a busy season and fitting out the space.
Or head back to the full industries overview to see all sixteen sectors. For company, trade-mark and legal detail, the group site is creditcorpgroup.co.uk.
Keep the chairs full
Whatever you’re funding — a fit-out, the kit or the stock — applying, drawing down and managing your account all happen on the lender’s site, credicorp.co.uk.