Boulevard Capital: Unbiased access for an underserved industry
Co-founders Matt Danna and Sean Stavropoulos started Boulevard as an appointment scheduling tool for salons.
By: Pipe 10 Min Read — April 16, 2024
Helping self-care businesses take care of themselves
Co-founders Matt Danna and Sean Stavropoulos started Boulevard as an appointment scheduling tool for salons, and it’s grown into a complete client experience platform, including scheduling, business management, automated email marketing, and reliable payment processing used by over 3,500 self-care businesses. Fueled by a deep understanding of the day-to-day needs of barbershop, salon, spa, and medspa owners, they identified one of the biggest gaps in the industry: access to working capital.
“For years, the self-care industry has been underserved by lenders who understand little to nothing about how these unique businesses work. Traditional small business loans have only been accessible to business owners who don't actually need them. It’s also no secret that the women- and minority-owned businesses that make up a significant portion of the self-care industry have long struggled to access the loans and lines of credit on which small businesses depend, ” said Matt Danna.
“For years, the self-care industry has been underserved by lenders who understand little to nothing about how these unique businesses work.”
Matt Danna
Co-founder and CEO of Boulevard
To help close this capital gap, they launched Boulevard Capital, powered by Pipe. Boulevard Capital lets self-care business owners access the capital they deserve based on what they’ve built.
Simplified capital access: how it works
For Boulevard users, accessing capital has never been simpler. Pipe’s streamlined process allows them to get pre-approved based on their Boulevard transaction data, so they can access the capital they need without credit checks or lengthy financial histories. This approach not only democratizes access to capital but also aligns payment with the merchant's sales cycles, so they’re never stuck with a high fixed payment during a slow period.
By partnering with Pipe, Boulevard gives the self-care industry:
Friendly Capital: We offer competitive cost of capital, presenting an attractive alternative to other higher-rate funding options.
Same Business Day Funding: Qualifying businesses can receive funds within hours after approval, subject to their bank's deposit hold policies.
Flexible Payments: Payments are a percentage of revenue, ensuring they adjust to the business's sales cycles.
Transparent Pricing: One straightforward fee, paid over time, with no hidden costs, interest, or requirement for personal collateral.
Expanding opportunities: launch capital in your industry
Boulevard is a great example of how vertically focused Payfacs and ISVs can bring capital access to industries that need it most. Pipe’s mission is to expand access to unbiased capital for SMBs. No one knows SMBs better than the vendors that serve them, and there’s no better place for them to access capital than the platforms they use to run their businesses every day. Pipe’s infrastructure is designed to embed seamlessly, offering capital access to your merchants with just a few clicks, all while feeling native to your platform.
Partner with Pipe
Embedded capital solves the biggest problems SMBs face in almost any industry; access to working capital. Ready to unlock growth for your merchants, while also growing your GPV and increasing user loyalty? Schedule a demo with us today.
Pipe Technologies Inc. is the capital provider for the Boulevard Capital program. Boulevard is a referral partner of Pipe Technologies Inc., but is not otherwise affiliated with Pipe Technologies Inc. or its products.
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