We
specialize in franchise loans and will help
you find a loan to suit your lifestyle.
We will look after you from assistance in
putting your loan application together,
right up to settlement and will keep you
informed every step of the way. Let us help
you
Over
the years Banks have become more comfortable
with lending to selected Franchises, this
means that as well as the normal loans that
are available for small businesses some
Franchisees can access a loan that is secured
against the business itself.
The
types of loans that are available are determined
by the security:
-
Secured against property:-
The lender will issue a loan that is secured
against the property involved.
-
Secured against the business :-
This option is available to selected Franchise
systems that have been accredited by the
various lenders. If the system has been
accredited then the potential purchaser
can borrow from 50% - 75% of the cost
of buying or setting up the Franchise
using the business itself as the security
eg if the franchise costs $330,000 and
the system is accredited for a 50% lend
then you will need to raise $165,000 by
yourself and the lender will lend you
the other $165,000 secured against the
franchise.
-
Secured against equipment:-
This is generally in the form of a lease
where the lender takes the equipment being
purchased as the security
There are Pros and Cons for all the above
loans, Let us help you determine the franchise
loan that will let you achieve your goals.
Contact Greg now. |
