Financing Your Franchise
There are several financing options when considering investing in a franchise. You should speak directly with your financial advisers and weigh each option or combination of options very carefully. Franchise Resources can point you to financial companies that work in the franchise community.
Financing Options
- Some franchise companies may provide in-house financing
- Home Equity financing options
- Refinance
- Home Equity Line of Credit
- SBA Loans
- Unsecured Loans (Signature Loans)
- Peer-to-Peer Loans
- Use Retirement Funds without incurring penalties
- Family and friends
Talk with a qualified loan consultant to discuss all options before making any decisions. If you currently need more than one option, or may at a later time, then it is important to know the potential repercussions of selecting one type over another.
VetFran Program
Provides military veterans discounts; typically on the franchise fees.
DiversityFran Program
Provides minorities and women discounts; typically on the franchise fees.
--- Not all franchises participate in the VetFran or DiversityFran programs
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