It’s not common for someone purchasing a franchise to pay cash for their franchise. It’s much more common for individuals or groups to finance the acquisition of their franchise
Most franchisors don’t offer in-house financing and will refer you to 3rd party lenders they have relationships with for your financing needs.
Should you choose to work with me, I can introduce you to a variety of financing experts who specialize infranchise financing. It’s important you work with lenders with specific franchising experience. They can suggest which financing strategy is the most appropriate for the franchise opportunity you’re interested in.
The following are example of the most common types of franchise financing
Bank Financing
Home Equity
SBA
Automobile Financing
Bank Lines of Credit
Leasing
401K / IRA monies
More Community Involvement
Small Business Tax Benefits
Financial Independence
Better Income Potential
Flexible Schedule/Life Balance
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