A Credit Line for Beauty & ‍Barbering Owners to Access Cash

-Based on your revenue,
not personal credit
( Line of credits from $1,000 - $5 million)
- Get approved and access to
money within 24 hours
- The PBF helped you recover from Covid lockdowns … now let us help you grow your business and thrive

Get started

About

Professional Beauty Federation Business Line of Credit

Empowering the Beauty Industry with Financial Solutions:
‍
The Professional Beauty Federation (PBF) has been a trusted advocate for the beauty and barbering industry since 1999, supporting professionals and business owners with advocacy, resources, and financial solutions. During the COVID-19 pandemic, we expanded our mission nationwide, successfully leading efforts to reopen establishments and providing financial relief to over 15,000 industry professionals through programs like PPP, ERC, and FFCRA.

Building on this legacy, PBF is proud to offer a Business Line of Credit tailored to meet the financial needs of beauty professionals and businesses.

What Makes the PBF Business Line of Credit Unique?
- Industry-Specific Expertise: Designed specifically for beauty and barbering professionals, this line of credit offers solutions to address the unique challenges of the industry.
- Flexible and Accessible: Access funds as needed to cover growth, operations, or unexpected expenses.
- Trusted Advocacy and Support: Backed by PBF's 25 + years of dedication to elevating and empowering the beauty industry.

Why a Business Line of Credit? This flexible funding option is ideal for:
- Expanding your business
- Managing cash flow
- Investing in new equipment or supplies
- Handling unexpected operating costs

With PBF’s support, beauty professionals and business owners can secure the financial resources needed to grow their businesses confidently and thrive in a competitive market.

Features

Why Choose the Flex Account?

Fast Approval: Get approved in as little as 24 hours.

Flexible Borrowing: Once approved, you can borrow, repay, and borrow again at any time, up to your approved credit limit.

No Personal Credit Check: Your personal credit score is not used to determine your eligibility. Instead, your business revenue is the key factor.

Instant Access to Funds: With a Visa Debit Card, you can access your funds immediately for any business needs.

Manage Your Account Anywhere: The online portal and mobile app give you real-time access to manage your account, track spending, request additional funds, and more.

Access to Additional Funding: We will become your first stop (and last) to get financial assistance

You Got Relief to Recover, Now Get the Funds to Grow

Running a business is financially demanding for business owners. With increased marketing efforts, inventory costs, and unexpected expenses, having immediate access to capital can help you navigate your growth. That's where the Flex Account comes in.

Cover Unexpected Costs

From last-minute inventory to unplanned repairs, the Flex Account helps you navigate expenses.

Ramp Up Marketing

Invest in additional marketing campaigns or special promotions to grow your business.

Employee Bonuses & Gifts

Reward and incentivize your team with bonuses or gifts to keep morale high.

The Flex Account gives you the financial flexibility to maintain smooth operations throughout the year.

Get Started

Flex Account
Process Flow

Apply now and experience a seamless, three-step process to access your flexible funding.

1

Submit Your Quick Application

Fill out our simple online application in just minutes — get started today!

2

Connect with an Expert

Our dedicated Business Flex specialists will review your application and contact you in 24-48 hours to go over application and your unique business needs.

3

Access Your Funds and Grow

Once approved, gain access to your Business Flex Account and use the funds to fuel your growth. It’s fast, easy, and designed for you, the hardworking Beauty Pro!

4

Be Forever Fundable

Unlock ongoing financial opportunities with our exclusive resources and personalized support. Maintain your Business Flex Account in good standing and become eligible for continuous funding to fuel your business success.

Merchant Cash Advance(MCA)
VS.
The Beauty Flex Account

Merchant Cash Advances (MCA) are the primary lending means for beauty establishments. But most salon/shop owners don’t understand the terms of those Merchant Cash Advances, which can be incredibly expensive and restrictive. We want to free our industry from the MCA shackles. That’s why the PBF has designed the Beauty Flex Account.

Merchant Cash Advance
(MCAs)

Structure: MCAs provide a lump sum cash advance, but that loan amount includes their fee. So, for example, if you received a $10,000 advance, you’re immediately on the hook for $14,000.

Repayment: The MCAs lender acquires the right to skim a percentage of every service sale you make. If those aren’t sufficient, they have the right to further charge you, directly, on an ongoing basis.

Cost: MCAs are very expensive because they build into the loan their exorbitant fees (nearly 50% of the original advance), requiring you to pay-off your advance and their fees beginning Day 1.

Speed: Funds are typically available within 24-48 hours

Flexibility: An MCA loan cannot be restructured. Therefore if you need more credit, you need to apply for an additional MCA.

Credit Requirements: MCAs often cater to businesses with lower credit scores, focusing on sales volume rather than credit history.

Pros:
• Quick access to funds.
• Payments tied to sales performance.
Cons:
• High overall costs.
• Limited flexibility for ongoing needs.

Beauty Flex Account (BFA)

Structure: The Business Flex Account (BFA) is a revolving line of credit, allowing establishment owners to draw funds as needed. As payments are made, salons/shops can draw further credit.

Repayment: Establishments only make payments on credit balances, not on the original loan amount and built in fee like MCA.

Cost: BFA interest rates are low and you are only charged interest on your current balance, saving you considerable money compared to MCA.

Speed: The Business Flex Account is typically open within 24-48 hours and funds are then instantly accessible for direct deposit into your designated bank account.

Flexibility: BFA provides ongoing access to funds, making them ideal for managing fluctuating expenses or seizing growth opportunities, consolidating high-interest debt, or covering personal expenditures.

Credit Requirements: BFA approval is based on your business revenue, not your personal credit.

Pros:
• Affordable borrowing costs.
• Continuous access to funds without reapplying.
• As you develop faithful payment history, increased credit limits become available.
• BFA agents can offer additional financing options beyond the BFA model based on qualifications.

Cons:
• Repayments must be manually paid (unlike MCA in which lender has right to automatically skim from client-service charges).

Opt for a Beauty Flex Account (BFA) to cover ongoing or seasonal business expenses or just plain personal expenditures. By understanding funding solutions that best support your business and personal finances.

Testimonials

Flex Account Users

Maria L.

The Flex Account helped us get through a busy period. We were able to invest in extra inventory, enhance our marketing efforts, and provide employee bonuses—all with the funds from our Flex Account. The process was quick, and the benefits were a great added bonus!

John H.

The Flex Account was a lifesaver during a busy time. We used it for last-minute ingredients, team gifts, and surprise maintenance costs. The approval was fast, and the online portal made it easy to manage.

Kendra W.

I love how I can grab funds instantly with the Flex Account. During busy times, it’s super helpful for things like extra marketing or last-minute supplies.

Steve M.

The Flex Account has been a valuable resource for managing our expenses. It allowed us to cover costs like staffing and equipment upgrades with ease. The application process was smooth, and the 30-day no-interest period was a great help in maintaining our cash flow.

FAQ

Frequently Asked Questions

Applying and receiving funds is fast and easy. Here are some frequently asked questions:

How fast can I get approved?

You can get approved in as little as 24 hours.

What do I need to qualify for the Flex Account?

Your business needs to be in operation for at least 9 months with monthly revenue.

Is there any interest?

There's no interest for the first 30 days. After that, a low monthly interest rate applies, which will be discussed with you upon approval.

Can I access my credit immediately?

Yes! Once approved, you’ll receive immediate access to your line of credit, allowing you to start using your funds right away.

How do I manage my account?

You can manage your Flex Account through the online portal or mobile app 24/7. Both platforms offer secure access to your account details, transaction history, and other features.

Can I use the Flex Account for business expenses?

Yes, you can use the Flex Account for any business-related expense, from inventory to marketing and employee bonuses. It's designed to provide flexible funding for your business needs.

Can I request a credit line increase?

You can request a credit line increase after 90 days of using the Flex Account.

Is the Flex Account available to businesses outside the U.S.?

Currently, the Flex Account is only available to U.S.-based businesses. However, we are working on expanding our services to other regions in the future.

What are the fees associated with the Flex Account?

There is a network success fee which is collected based on the amount of your Credit. This fee is only charged once account approval has been granted.

Loan Amount

‍
$500-$4,999.99
$5K-$9,999.99
$10K-$24,999.99
$25K-$49,999.99
$50K-$99,999.99
$100K-$999,99.99
1 Million+

‍
$995
$1,295
$1,495
$1,895
$2,595
1.90%
1.25%

Success Fee

What if I have trouble accessing my account online?

If you experience any difficulty accessing your account online, our dedicated customer support team is available 24/7 to assist you. You can reach them via phone or email.

How secure is my information?

We use the latest security measures to protect your information. Your financial data is encrypted and securely processed, ensuring the highest level of confidentiality.

We Are Your Voice

The Professional Beauty Federation, originally founded in California in 1999, has proven its willingness to fight for you and our beloved industry.We took on health officials and elected officials when they continued toorder unjustifiably prolonged lockdowns in the court of public opinion viagrassroots and media campaigns, and when necessary even in actual courts of law.

We then pivoted to helping industry pros and establishment owners throughout the nation financially recover from those dark days by leading them to PPP, ERC and SETC/FFCRA funding opportunities. Moving forward, we wantto ensure establishment owners will have a sustainable and ongoing source offinancial capital whenever they need it. That’s why we’ve developed the Beauty Flex Account.

Start working faster today