Coveglen Loans passes funding requests from Towson, Maryland salons and barber shops to funding partners. This page covers Baltimore County salon counts, equipment, suites, remodels, nail ventilation and an invented station refit.
At a glance
- Beauty salons, Baltimore County, MD
231 employer establishments, 1,578 paid employees (CBP 2023)
- Nail salons, Baltimore County, MD
79 employer establishments (CBP 2023)
- Barber shops, Baltimore County, MD
25 employer establishments (CBP 2023)
Business loans for salons around Baltimore County, MD: salon suites, color bars and remodels
A salon suite operator rents individual suites to independent stylists, so its costs are the build-out of each suite and the chairs, bowls and mirrors inside. A traditional salon spends on a color bar, a dispensary, styling stations and a remodel of the front of house. Both can split the cost into equipment and improvements.
Beauty salons counted 231 employer establishments in Baltimore County, MD in 2023, and 135 had fewer than five employees (County Business Patterns). Nonemployer Statistics separately counted 2,253 beauty salons without payroll in the county for 2024, a group that can include booth renters and suite tenants filing as their own businesses.
Business loan for hair salon in Towson, MD: hair, nail and barber shop upgrades
A hair salon upgrading its floor might replace styling chairs and mirrors, add shampoo bowls with new plumbing, and refresh lighting. A shop that offers hair, nails and barbering under one roof has three equipment lists, each with its own dealer. One equipment loan can cover all of them if the funder accepts a combined quote.
Ask whether the funder treats plumbed bowls and wired dryers as equipment or as improvements; the answer changes how the request is split.
Hair salon financing in Towson, MD: nail stations, ventilation and retail shelves
Nail stations need ventilation: source-capture tables or a room exhaust system that pulls fumes away from technicians and clients. Ventilation is part equipment and part building work. Retail shelves, a display wall and the stock on them are a third cost, which can sit on a business line of credit or inventory financing rather than an equipment loan.
A salon adding ventilation in a leased space needs the landlord's approval for any ductwork through the roof or walls, so that approval belongs with the request.
Ventilation quotes vary with the room. Ask the installer to state the airflow, the number of stations covered and whether the system needs its own electrical circuit, since each of those changes the build-out cost the request has to cover.
Barber shop loan in Towson, MD: barber chairs, clippers and a storefront sign
A barber shop's list is shorter but steady: hydraulic barber chairs, clippers and trimmers, sterilization equipment, mirrors and a storefront sign. Chairs last for years and suit an equipment loan; clippers wear out sooner and are usually paid from cash flow. A sign is a small improvement that a credit line can cover.
Barber shops counted 25 employer establishments in Baltimore County, MD in 2023 (County Business Patterns), and Nonemployer Statistics counted 400 without payroll for 2024.
A nail salon loan for Baltimore County, MD owners
A nail salon owner usually finances pedicure chairs, manicure tables, ventilation and a remodel. Pedicure chairs with built-in plumbing are often among the larger equipment items, along with ventilation. Nail salons with steady card sales may be offered a merchant cash advance, which is not a loan; compare its dollar cost with an equipment loan for the same chairs.
Nail salons counted 79 employer establishments in Baltimore County, MD in 2023 and three with a ZIP 21204 address (County Business Patterns; ZIP Business Patterns).
Hair salon loans in Towson, MD: shampoo bowls, color bars and suite leases
Shampoo bowls, color bars and suite leases often arrive together when a salon moves into a larger space. The lease sets how long the salon can stay, and a funder reads it against the loan term. Bowls and the color bar are equipment; the suite walls and plumbing are improvements.
Illustration only, invented figures: a Towson, MD salon refits four stations, two shampoo bowls and a nail ventilation table for an invented $26,500, financed over 36 months at an invented annual rate of 11.9%. Over three years that is close to $879 a month, $31,641 total and $5,141 of interest (our arithmetic).
Beauty salon, nail salon and barber shop counts for Baltimore County, MD
County Business Patterns counted 231 beauty salons, 79 nail salons and 25 barber shops with paid employees in Baltimore County, MD in 2023, 335 in all by our sum. Beauty salons reported 1,578 paid employees and $47.4 million in annual payroll. Of the beauty salons, 11 had a ZIP 21204 address (ZIP Business Patterns).
Nonemployer Statistics separately counted 1,331 nail salons and 2,253 beauty salons without payroll in the county for 2024. Read which financing Towson salons use or see gym loans.
By Coveglen Loans · Updated
