The Ultimate Guide to Franchise Financing
Financing their franchise is often a key concern for prospective franchisees.
While the solution is highly dependent on a franchisee's personal circumstances, there are some pieces of advice that are fairly universal.
Here, we've gathered some of that advice for you as you begin the process of finding the funds for your franchise.
While the solution is highly dependent on a franchisee's personal circumstances, there are some pieces of advice that are fairly universal.
Here, we've gathered some of that advice for you as you begin the process of finding the funds for your franchise.
Before going to a bank or other lender for franchise financing, prepare yourself by answering these seven questions first.
The loan process can be daunting, especially for a first-time franchisee. Increase your readiness for the process by reading this post.
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.
Similar to large purchases that can require financing, like buying a house or car, opening a franchise can be impacted by your credit score.
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.
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.
"How much will it cost me?' is probably the question most often asked by someone buying a franchise. This article details the costs that go into starting a franchise, as well as ways to fund your franchise dream.