Deerbank Capital Group, a small-business funding service in Conway, South Carolina, explains salon business loans for Horry County owners: nail salon financing, beauty salon and barbershop loans, stations and spas, remodels and buying a salon, with county counts from the Census Bureau. Salon requests are decided by the funding partner reading them.
At a glance
- Beauty salon employers, Horry County, SC
100 (CBP 2023)
- Nail salon employers
31 (CBP 2023)
- Nail salons without paid employees
567 (Nonemployer Statistics 2024)
Beauty, Nail and Barber Employers in Horry County, SC, 2023
| Industry (NAICS) | Employer establishments | Paid employees | Annual payroll | Under 5 employees | ZIP 29526 |
|---|---|---|---|---|---|
| Beauty salons (812112) | 100 | 314 | $10.4 million | 75.0% | 8 |
| Nail salons (812113) | 31 | 83 | $3 million | 83.9% | 3 |
| Barber shops (812111) | 9 | 27 | $667,000 | 77.8% | not published |
Together that is 140 employer establishments (our sum). 83.9% of nail salons and 75.0% of beauty salons had fewer than five employees. Nonemployer Statistics, a separate program, counted 997 beauty salons, 567 nail salons and 119 barber shops without paid employees in 2024.
Nail Salon Financing Across Horry County, SC
Salon business loans in Conway, SC start with what the money buys. Nail salon financing covers pedicure spas, manicure tables, ventilation and the plumbing and electrical work they need; a remodel or a second location is a larger request. Horry County had 31 nail salon employers in 2023 (County Business Patterns). Deerbank Capital Group matches your request with funding partners, who review it and make their own decision.
Beauty Salon Loans for Conway, SC Firms
Beauty salon loans fund styling stations, shampoo units, dryers, a front-desk system and the build-out of a new space. A partner reads the salon's bank deposits and card processing statements, the lease and the equipment quotes. If stylists rent their chairs, show the booth-rent income separately from service sales.
Barbershop Loans: What Partners Review in Conway, SC
For a barbershop, partners read the same records with one difference: many shops have a small payroll and a large share of chair-rent or cash income. Horry County had 9 barber shop employers and 119 barber shops without paid employees (CBP 2023; Nonemployer Statistics 2024, a separate program). Deposit every dollar of cash income in the business account; income that never reaches the bank does not count in a review.
Hair Salon Loans Across Horry County, SC
Hair salon loans cover color bars, chairs and dryers, washing stations and the plumbing behind them. Beauty salon employers in the county paid $10.4 million in wages in 2023 across 314 paid employees (County Business Patterns), about $33,210 per employee (our arithmetic).
Barber Shop Loan: When It Fits in Conway, SC
A barber shop loan fits a shop adding chairs, moving to a larger space or buying out a partner. For a small purchase, equipment financing ties the payment to the chairs; for a move, a term loan covers the build-out.
Salon Financing for Conway, SC Firms
Salon financing can also come as a merchant cash advance, which is not a loan: the funder buys a share of card receipts and collects it from sales. Price any advance against working capital or equipment financing for the same purpose before signing.
Nail Salon Loan: A Conway, SC Primer
A nail salon loan to buy an existing salon is read from the seller's records: tax returns, card statements, the lease and the equipment list. The article on buying a nail salon in Conway, SC walks through the purchase step by step, including the license questions a buyer should settle first.
Pedicure Spas, Stations and Ventilation on Payment Terms
Illustration only, invented figures: a salon finances four pedicure spas and a ventilation upgrade for $18,500. At a 12% annual rate over 36 months in this invented example, the payment is about $614 a month and the payments total about $22,121 (our arithmetic). Installation, plumbing and electrical work should be listed on the quote separately.
Covering Payroll and Product Orders Between Busy Weeks
Product orders and wages are paid before the appointments that use them. A credit line or working capital can cover a stretch where bookings drop or a remodel closes chairs. County-wide counts by sector are on the Conway, SC page, and other personal-care and retail trades are on the industries page.
What a Partner Asks a Horry County, SC Salon Owner to Send
- Card processing statements and business bank statements.
- Tax returns for the salon.
- The lease and its remaining term.
- Equipment quotes, including installation.
- Booth-rent agreements, if stylists rent chairs.
- Licenses for the salon and for the work performed.
By Deerbank Capital Group ยท Updated
