Franchise Financing

Franchise Financing Options

Various Franchise Financing Options exist and the following table compares each option.  Side-by-side comparisions for Small Business Administration programs; Micro loan, 504, Patriot Express and 7(a).  Also, compare the differences in Home Equity financing verses using a 401(k) Conversion.  While everyone has unique requirements and circumstances, this chart will lay…
Read More

How Can You Finance a Franchise Purchase?

You are interested in purchasing a franchise business, and are wondering how you can finance the “start-up” money or capital that you will need to finance a franchise purchase. You know that you will not be receiving an inheritance or lavish monetary gift anytime soon, so you…
Read More

How to Raise Capital for a Franchise Purchase

You may be interested in a franchise purchase, but do not want to make a loan in order to raise the capital. There are other ways of raising capital; perhaps one of these can work for you.

•Use of Inheritance or Gift

If you have received or know for sure…
Read More

Can You Afford to Buy a Franchise?

The old saying, “If you have to ask the price, then you can’t afford it” doesn’t necessarily always apply when it comes to deciding whether or not to buy a franchise.

Naturally, while we all have some type of limit to our financial resources, don’t let the cost of…
Read More

Franchise Financing Resources

Franchise Financing Resources

American Capital
BeneTrends, Inc.
Guidant Financial
IRA Rollover Solutions
UPS Capital
Wells Fargo Business

Using Your 401(k) to Buy a Franchise Business

With the sweeping wave of layoffs and the shrinking values in the stock market. Many are faced with a dilemma of finding the money to buy a franchise. Franchise seekers are looking in all areas for cash, including retirement funds.

The question that’s most asked is, “Can I purchase a…
Read More

Funding Options for Franchise Purchases

The daily economic data and headlines are scaring people into a “wait and see” mode. Unless you live in a cave, you are aware of what has transpired and this is having an impact on business development.

As you know the more people who are unemployed due to massive layoffs,…
Read More

SBA 7(a) Loans for Franchises: Goodwill and Intangible Assets

New guidance issued by the Small Business Administration (SBA) will loosen the limits of the 7(a) loans ability to finance goodwill (intangible assets) in franchise business purchases with changes in ownership.

Goodwill is the term used to describe the intangible assets of a…
Read More