What is Franchise Finance
For most people, acquiring a franchise will involve the need to raise capital. Taking specialist advice can save a substantial amount of time and wasted energy, in addition to significant savings in cost. The franchise industry is vast and a plethora of lenders support the sector offering finance packages that allow you to take control and run your chosen business. Making the right lending choices is critical at an early stage.
It should be noted franchises are often financed by more than one lender, a standard bank loan supported with equipment finance. The refinance of an existing property supported with asset finance, the variations and combinations are endless and need to be worked through with experts in their field.
We work closely with your existing advisors who might include an accountant, tax advisor, lawyer, IFA, or even a preferred bank manager, ensuring the process is as painless and stress free as it can possibly be. And if you need any help in these areas we have specialists waiting on hand to assist.
We can help with lower value franchise opportunities right through to the top end of the scale where you might be looking at a hotel or motel franchise, restaurant franchise, fast food franchise, storage franchise or perhaps a convenience store franchise.
Many of the outlets you see today are operated as franchises and a high proportion will have received business finance to get started. Talking to one of our specialists is the first step in successfully securing the finance you need.
Whether you are looking to set up a new franchise or expand an existing business, please contact us to discuss how we can help.