Renovating a growing spa without a payment that ignores the slow weeks.

Serene Day Spa had a waitlist for treatments it didn’t have the rooms to offer. Rachel wanted to convert unused back space into two more treatment rooms, but a spa’s revenue dips in the late-summer lull, and a rigid loan payment landing during those weeks made her nervous.

States Funding placed a $60,000 line of credit Rachel could draw against for the renovation and repay flexibly — leaning on it during the build, paying it down fast once the new rooms were booking.

“I didn’t want a fixed payment that didn’t care whether it was a busy month or a quiet one,” Rachel says. “The line of credit moved the way my business actually moves.”

The two new rooms cleared the waitlist within a month of opening, and Serene Day Spa added an esthetician to staff them.