# Great Clips Franchise Funding for Existing Owners

> Funding for existing Great Clips owners: stylist payroll, chairs and stations, salon refreshes and multi-salon portfolios, reviewed salon by salon.

Source: https://mfebusinessloans.com/franchise-funding/brands/great-clips/ (Merchant Fund Express, updated 2026-10-21)

## The short answer

Already running a Great Clips location and need capital? Merchant Fund Express funds existing Great Clips owners: business loans, merchant cash advances, revenue-based financing, lines of credit, equipment financing and working capital. Funding runs from $25,000 to $5,000,000. Because stylist payroll is the largest recurring cost, we size any payment after payroll, royalty and existing positions. A complete file gets a same-day decision, and funding often arrives the next business day.

## Who is this page for?

Owners who already run open salons, including the many who hold a portfolio and do not work the floor every day. This is a labor-heavy model: each salon carries a manager, an assistant manager and a team of stylists, so the biggest cash event is payday, not an equipment bill. Merchant Fund Express reads that rhythm before it suggests a product.
For the general salon cash cycle, see the salon industry guide; this page focuses on franchised, multi-salon owners.

## What the franchisor publishes

Great Clips: facts from official sources
Franchise fee: $20,000 to $35,000 (source)
Total investment (U.S.): $187,800 to $419,900 (source)
Royalty: 6% of gross sales (source)
Net worth asked of new franchisees: At least $500,000 ($1,000,000 in high-cost markets) (source)
Typical salon size: 900 to 1,200 sq ft (source)
Staffing per salon: A salon manager, an assistant manager and 8 to 10 stylists (source)
Checked Oct 2026 against the franchisor's own published materials. Figures change; confirm current numbers in the latest Franchise Disclosure Document. Figures we could not confirm from an official source are left out.

## Which problems do Great Clips owners usually bring to a review?

Payroll lands before a slow week recovers
Haircut volume dips around holidays and weather, but stylist pay does not. A salon payroll funding structure or a line of credit bridges one or two pay cycles without touching the reserve.
Chairs, stations and shampoo bowls wear out
Hydraulic chairs and station counters take daily punishment. Equipment financing on a vendor quote spreads a full set across its useful life.
A location refresh across several salons
Owners with several salons often refresh one after another. A term loan for a fixed project budget fits better than repeated short draws; see remodel funding.

## Every way to fund your Great Clips location

Already running a Great Clips location and need capital? Merchant Fund Express funds existing Great Clips owners with every product below. Terms depend on the business's revenue and history.
Business loan: a term loan with weekly payments for a planned project at your Great Clips location, such as a refresh or a bundle of equipment.
Merchant cash advance: fast capital sized on card sales for an urgent need.
Revenue-based financing: sized to the unit's revenue, a fit for seasonal months.
Line of credit: from 1% per month on drawn funds, with no maintenance fee.
Equipment financing: stations, chairs and dryers across one salon or several.
Working capital: stylist payroll and retail product orders.
Compare them side by side in MCA vs business loan, or read the beauty and wellness franchise guide.

## Which product fits which salon need?

Need | Product | Published requirement it leans on | What to send |
Stylist payroll gap | Line of credit | Tier 1: 3+ years, FICO 650+, $300K a year revenue | Statements, payroll register |
Short payroll bridge for a newer salon | Working capital | Tier 2: 6+ months, FICO 600+, $60K verifiable revenue | Statements |
Chairs, stations, bowls | Equipment financing | Vendor quote and useful life | Quote, statements |
Fixed refresh budget | Term loan | Tier 1, 0% origination, first position only | Contractor estimate |
Adding a salon to the portfolio | Term loan or revenue-based financing | Read on existing salons' deposits | Statements per entity |

## How does the review read a Great Clips salon?

Identify the entity: a single LLC for all salons, or one per salon. We review the one that will sign.
Read deposits at the salon level. Card settlements are frequent and small, which tends to produce a healthy deposit count.
Map payroll: weekly or biweekly drafts, and whether payroll runs from a shared account for the whole portfolio.
Count royalty debits as a normal recurring obligation and size capacity after them.
List existing positions; a new structure can lower the combined payment.
Owners who shift money between salon accounts should flag those transfers; they are not revenue. Our guide to which deposits count shows how they are separated.

## What documents does a Great Clips funding review need?

About 3 months of business bank statements (PDFs from the bank) for each salon entity
The five-minute application; it begins with a soft credit pull
A recent payroll register if the request is payroll-driven
Quotes for chairs, stations or a contractor estimate for a refresh
A list of current advances or loans with payment amounts
Tax returns are not needed for a typical first review. Spanish-speaking support is available.

## A hypothetical salon portfolio scenario

Take an owner with three salons depositing $38,000, $34,000 and $29,000 a month ($101,000 total). Combined payroll is $56,000, royalty debits $6,100, rent $13,500. The owner wants $45,000 to refresh one salon.
Combined monthly deposits$38,000 + $34,000 + $29,000 = $101,000
Less payroll, royalty, rent$101,000 - $56,000 - $6,100 - $13,500 = $25,400
$45,000 over 24 monthsabout $1,875/month before cost of funds
Share of what remains$1,875 / $25,400 = about 7.4%
Figures in this example are illustrations of the arithmetic, not an offer, quote or approval. Real terms depend on the file and the funder.

## What if you are buying or opening a salon instead?

A first salon needs operating history before Merchant Fund Express can review it; read opening a hair salon franchise. If you already own salons and are adding one, the salon second location guide explains how existing deposits support the next salon. Buying an operating salon from another owner follows franchise transfer financing.

## Keep reading

Beauty and wellness franchise funding: every brand page in the sector
Franchise brands we cover: other brands, same review method
Salon funding: the general salon cash cycle
Salon payroll funding: bridging stylist pay cycles
Salon second location financing: adding a salon from existing deposits
Franchise payroll funding: payroll gaps across franchised units

## Common questions

### Can an existing Great Clips owner apply even without working in the salon daily?

Yes. We read the business deposits, not the owner's hours. The applicant needs meaningful ownership (Tier 1 asks for at least 50%).

### What documents does a salon owner send?

Three months of business bank statements per entity, the short application and, for payroll requests, a payroll register. Full financials come in only above $250,000.

### Can I finance chairs and stations for my Great Clips?

Yes. Merchant Fund Express reviews salon equipment on a vendor quote and the useful life of the furniture and fixtures.

### What if I own several Great Clips salons?

Each salon or entity is read on its own deposits, and shared payroll accounts are mapped back to the salons they serve. You can fund one salon or the group.

### Are you affiliated with Great Clips?

No. Merchant Fund Express is independent. We use the Great Clips name only to identify the owners this page is for; it does not mean the franchisor endorses or works with us.

Merchant Fund Express is independent. Not affiliated with or endorsed by Great Clips or its franchisor.

Apply with Merchant Fund Express: https://merchantfundexpress.com/current-application.html?utm_source=mfebusinessloans.com&utm_medium=franchise&utm_campaign=franchise-funding&utm_content=great-clips