Franchise financing

If you’re starting a new franchise or buying an existing franchise, chances are that you may need financing. The primary sources for franchise financing include:

   • Commercial banks (local and national)

   • SBA loans / Small business administration loans

   • Loans against a 401k or IRA / Funds from a 401k or IRA
   • Private investors
   • Family and friends
   • Personal savings and investment

As part of the federal financial documents required by law, each franchise provides a specific “start-up costs” figure. This amount includes:

   • Franchise fees
   • Build out costs (if you’re leasing a retail space)
   • Equipment 
   • Operating expenses / working capital

Depending on your credit score, with most lenders, you’ll be expected to come up with a down payment equal to the start-up figure, and the bank or finance company will lend you the balance. As part of our free franchise consulting service, we can help you find financing. For example, we have a list of SBA-approved franchises, as well as a network of commercial lenders.

Funding is one of the most important components in buying a franchise/business, which is why we’ve parterned wqith Benetrends Financial. Benetrends has been funding America’s entrepreneurs for over 35 years, offering a comprehensive suite of funding options covering nearly every type of business situation.  The most popular programs are the Rainmaker Plan® (IRA/Rollover) and SBA small business loan programs.  And, they continue to provide innovative solutions, with their newest funding option, The Rainmaker Advantage Program®.  This corporate capitalization strategy is designed to mitigate or eliminate the taxes due on the sale of a business.  Benetrends also offers Securities Backed Line of Credit and Equipment Leasing.

franchise financing global business connect

*Exclusions apply.  Please consult with our funding experts for full details.
**SBA Loan Money-Back Fee Guarantee: If Benetrends accepts your application for processing, we guarantee your application will be approved or we refund 100% of our fee.
***Once approved, a financial package will be needed for verification.

What is Your “Fundability”? 

Pre-Qualify for funding to determine how much and what sources of options are available to you.  Plus, you’ll have faster access to funding, allowing you to open your new business sooner.

franchise financing global business connect
Close Menu