Rosy Salon Software has recently announced the launch of RosyPay Capital Advance, a service that provides access to funds for merchants using RosyPay, Rosy’s integrated payment processing. These funds give salons and spas the ability to invest in their businesses whenever and wherever they need. Whether it’s for new equipment, hiring more service providers, expanding facilities, or helping make payroll, RosyPay Capital Advance’s affordable financing makes it possible.
“The salon and spa industry has faced many challenges in the past few years, and the more we can help them stay resilient and prosper in the end, the better. That’s why we added this new feature into our integrated payment processing - so salons and spas have the opportunity to get working capital when they need it most,” mentioned Rosy Salon Software President Jason Foodman.
RosyPay Capital Advance is not a loan or an extension of credit, so there are no interest or late fees. Instead, there’s one fixed fee. Payment is automatically tied to the salon or spa’s future sales, with more paid when the business is busy and less during slower periods.
Salons or spas using Rosy Salon Software and RosyPay integrated payment processing with a minimum of 90 days processing history are eligible for qualification consideration. Merchant cash offers and advances are provided and governed by Parafin, Inc.
“If you’re looking to invest in your business or you ever find yourself with a cash shortage, RosyPay Capital Advance is here for you,” Foodman added.
