Financing a Franchise
Franchise SBA Loan Approval and the Franchise Directory
While searching for financing options for your franchise, you will likely come across franchises that say they are part of the SBA Franchise Directory and are “SBA-approved” or something to that effect. Here is what you need to know about the Franchise Directory and the SBA loan programs commonly used by franchisees.
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See the Green: Finding Financing Opportunities for Your Franchise
If you’re eager to start seeing more green dollar bills in your bank account but are hesitant because you’re unsure how to finance your franchise, this post is for you.
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You’re Ready to Invest in a Franchise—But Are You Loan-Approval Ready?
The loan process a bit scary to approach, even if you have sought loans in the past. Here is some preparation advice so you can be ready for what lenders want.
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Qualifying for a Franchise: 6 Steps to Build Net Worth
It's no big secret: A higher net worth helps you achieve your franchise ambitions more efficiently. Here's 6 ways to raise yours for a more attractive franchise application.
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Q&A with Franchise Financing Expert Frank Gallagher
Franchise financing expert Frank Gallagher answers some questions on the state of the current franchise lending environment and how prospective franchisees can better prepare themselves to apply for credit.
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How Bad Credit Impacts Your Ability to Buy a Franchise
Similar to large purchases that can require financing, like buying a house or car, opening a franchise can be impacted by your credit score.
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Loan Expectations for First-Time Franchisees
The loan process can be daunting, especially for a first-time franchisee. Increase your readiness for the process by reading this post.
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7 Questions to Ask Before Financing Your Franchise
Before going to a bank or other lender for franchise financing, prepare yourself by answering these seven questions first.
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How to Build a Financial Safety Net for Your Franchise
An emergency fund, or retained earnings, is meant to assist you when the unexpected occurs. When able, use these tips to create a financial safety net for your franchise.
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How To Own a Franchise With No Money
Interested in buying a franchise but don't have much to invest? Keep reading to find out how you can go after franchise opportunities when you have no money.