I am needing to lease equipment for a day spa and salon, but most of the ones I've seen on the web indicate you already need to be in business. I want to know that I can secure financing for this BEFORE I sign the lease. If anyone knows where this can be accomplished, please let me know as I want to get moving on this.Day Spa and Salon Equipment Leasing?
If you've never been in business before, I would strongly recommend that you talk to a business counselor before you do anything especially spend money. I'd call the local office of SCORE (go to http://www.score.org and input your zip code to find the chapter nearest you), the advice is FREE.
The counselor at SCORE will most likely advise you to write a business plan which is very good advice because it will force you to dig out all of the start up details and the costs of starting a day spa and force you to also understand all of the aspects of this business including the customers you'll concentrate on (your market ) and how you'll go after them.
Try this link :
and read some of the articles especially the ones about a business plan and starting a business.Day Spa and Salon Equipment Leasing?
There are two options. Option 1, talk to the equipment vendor. A lot of them can lease you the equipment. Just tell them that you plan to have a business and the address of your location. You can't get a equipment lease until you've started the business. Additionally, you will need to provide a personal guarantee provided that your credit it good.
Option 2, get a equity line of credit from your bank. Also. some bank will do equipment lease too such as Bank of America, Wells Fargo Bank.
Basically, you will need to have a business location. A lot of the companies will give you an estimate before you start.