Asset Finance Franchise Finance
Whether you are an experienced operator or a beginner we can fund up to 70% of the purchase cost of an established franchise, or 50% of the start-up cost of a new one. Tell our experienced team what you want!
Some lenders have a particular appetite for lending to franchised businesses. Evidence suggests that there is a lower failure rate among this type of business, though that is not to suggest that all franchises are successful.
The cost of taking up a franchise will vary according to the nature of the business and the size and location of premises, if required. Lenders will generally lend 70% of the funds required which may include:
Repayment of a term loan will normally be on an amortising basis over 15 or 20 years, but a capital repayment holiday may be available, depending on the profile of the business, for the first 2 or 3 years so that you are just covering the interest costs to make payments more affordable in the start-up phase.
If lenders refuse to offer you finance it may be possible to take the project forward with a guarantee under the new government Enterprise Finance Guarantee scheme, which is open to many more businesses than the Small Firms Loans Guarantee Scheme it replaced.
Any proposal will need a convincing business plan backed by your own financial resources to the fullest extent to succeed. We will assist you in getting your proposal to the required standard.
The eventual financial package will usually be made-up of different types of facilities (term loan, overdraft, equipment leasing, etc.) to suit the particular requirements of each franchise scheme.Some lenders have a particular appetite for lending to franchised businesses. Evidence suggest there is a lower failure rate among this type of business, though that is not to suggest that all franchises are successful.
The cost of taking up a franchise will vary according to the nature of the business and the size and location of premises, if required. Lenders will generally lend 70% of the funds required which may include:
Repayment of a term loan will normally be on an amortising basis over 15 or 20 years, but a capital repayment holiday may be available, depending on the profile of the business, for the first 2 or 3 years so that you are just covering the interest costs to make payments more affordable in the start-up phase.
If lenders refuse to offer you finance it may be possible to take the project forward with a guarantee under the new government Enterprise Finance Guarantee scheme, which is open to many more businesses than the Small Firms Loans Guarantee Scheme it replaced.
Any proposal will need a convincing business plan backed by your own financial resources to the fullest extent to succeed. We will assist you in getting your proposal to the required standard.
The eventual financial package will usually be made-up of different types of facilities (term loan, overdraft, equipment leasing, etc.) to suit the particular requirements of each franchise scheme.
