We Are Sunshine

HEADLINE STORY: Most salons see working capital as an obstacle for 2010, survey shows

Friday, December 18th, 2009

DEC. 18, 2009 — Two out of three tanning facilities believe getting financing from lenders will be difficult in 2009, according to the results of a poll conducted in December.

2009-12-18 financing growth copyTwo-thirds of those polled said they anticipate difficulty getting working capital from a lender in 2010, while just less than one-in-six — 15 percent — said they are not anticipating difficulty.

The poll’s results echo concerns in most other small business categories today, as loosening up financing for small business operations is a universal concern right now in any business.

Smart Tan’s Tanning Trends magazine in December tackled the issue of financing as the cover story. Tanning Trends is available on-line as an e-publication. Click here to read the December cover story: