Cherry Payment Plans Blog

How Much Does It Cost To Open a Medspa?
How Much Does It Cost To Open a Medspa?

Medical spas — or medspas — are one of the fastest-growing sectors in U.S. medical tourism. Combining wellness and aesthetics under licensed medical supervision, they offer high-profit potential but require serious investment. This guide breaks down what medspas are, how they differ from regular spas, what services they offer, and what it takes — financially and operationally — to open a successful location.

Medical Aesthetics
READ More
What is POS lending and why is it so popular?
What is POS lending and why is it so popular?

Point-of-sale (POS) lending is growing fast — and not just for big-ticket items anymore. Today, businesses across sectors are offering pay-over-time solutions at checkout to meet demand from younger consumers who prefer fixed monthly payments over credit cards. Studies show that offering financing early in the purchase journey can boost conversion rates by 2–3x.

General
READ More