We know it’s not easy to start your own business, we’ve gone through it. After all your research, due diligence, and considerations, you now have to make a financial decision.
Because of the magnitude of this choice and the financial risk, there are financing opportunities available to help ease your decision. To overcome the financial burden of starting a franchise, qualified candidates can get a loan to help with the franchise fee, overhead costs and other initial expenditures. We recommend thoroughly vetting your personal and business finances. Come up with a comprehensive business plan for your franchise and research into the viability of your territory before you approach a financial institution to obtain a business loan.
The U.S. Small Business Administration (SBA) provides financing for credit worthy franchisees. If you need financing to help pay the franchise fee and cover start-up costs, we suggest using the find lender match on their website.
