Financing Assistance
Our Financing Department is happy to help you find the right financing options for your Waxing the City studio, though we do not offer in-house financing. The streamlined process begins with a review of your personal and business finances gathered from your Candidate Profile. We then use that to recommend a range of products and services tailored to your needs. The two most common financing options our owners choose are:
Geneva Capital Financing Package
- $100,000 maximum loan size per studio.
- Financing offered as a lease that typically requires a 10%-20% advance payment.
- Term varies from 24 to 60 months.
- Rates vary from 8.99% to 11.99%
- $350 closing fee.
- No personal collateral required.
- Personal guarantee for all borrowers required.
Guidant Financial Group – Retirement Rollover Program (ROBS)
- Rollover standalone traditional retirement funds as a direct investment into your studio.
- Avoid taxes and penalties on direct distribution.
- Funds remain in the form of retirement dollars and your retirement appreciates along with the value of your business.
- Full value of retirement funds that are rolled becomes capital deposited directly into your business bank account.
- $4,995 initial setup fee and yearly servicing fee starting at $800.