Business Insights

Meet Chelsea Joffray – The Hideout Salon and Lounge

“For any small business, you need funding before you know you need it.”
Chelsea Joffray
Owner and CEO of The Hideout Salon and Lounge in Nashville, Tennessee

A place where you feel welcome the moment you walk through the front door. An inclusive and comfortable space, where experienced and knowledgeable professionals make you feel beautiful and empowered with an amazing haircut. Some say it’s a place you never want to leave. 

 Chelsea Joffray proudly owns  The Hideout Salon and Lounge and Lounge in Nashville, Tennessee. She began with a small salon and one employee. Over time, her client base grew rapidly, and her business expanded. Seeking financing for her growth, Chelsea approached her local credit union. However, they could not meet her financial needs and referred her to NEWITY.

NEWITY helped Chelsea secure a Paycheck Protection Program (PPP) loan and guided her through full forgiveness. They also assisted her in obtaining an SBA 7(a) loan to support her salon’s growth. Chelsea describes her experience with NEWITY as fast, easy, and to the point—just what business owners want for financing.

Today, Chelsea owns a beautiful salon at 2605 Gallatin Pike and a beauty bar at 917 Gallatin Ave in Nashville. Her team has grown from one employee to 29 full-time staff members. Her vision, determination, and access to capital turned The Hideout Salon and Lounge into a thriving business.

Read more Insights

Need help?

Connect with our team by email, phone, or live chat.

Contact Form   |   773-839-8089

Mon – Fri: 8am – 5pm CT
Sat: 10am – 7pm CT
Sun: Closed

To qualify for an SBA 7(a) small business loan, your business must be:

  1. U.S.-based and operated
  2. Owner supported / owner funded
  3. Eligible per the SBA’s requirements

Your loan amount will determined by the business’ average annual revenue, FICO score, and years in business