Buying a franchise can help entrepreneurs build a business and increase income, but many require an initial investment of over $250,000. For that reason, franchise financing is often necessary to get ...
Franchising may be an enticing opportunity for entrepreneurs, but finding funding can be complex. Through the Small Business Administration (SBA), there are options, including SBA 7(a) loans and SBA ...
The cost of buying into a franchise includes various components such as the upfront franchise fee, start-up costs for equipment and premises fit-out, inventory, and ongoing fees. Prospective ...
Franchisees in search of financing have had it rough the past few years. But it's not all gloom and doom on the lending front. Recent numbers for SBA franchise loans--issued by banks but guaranteed up ...
The SBA’s new SOP shifts more responsibility to lenders and requires stricter documentation on equity, collateral and eligibility. Franchisors must be listed in the SBA Franchise Directory by July 31, ...
In theory, getting a loan for a franchise business should be easier than financing a new startup. You have brand recognition, a proven track record and hard data on your side. But even when armed with ...
The debt component of the purchase price for a franchise typically includes a large syndicated term loan in addition to a revolving credit facility for ongoing working capital needs. A revolving ...
SAN FRANCISCO--(BUSINESS WIRE)--ApplePie Capital, the leading provider of innovative growth financing for franchise businesses, today announced a $6.5 million Series C round, led by Bankers Healthcare ...
FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bank and ApplePie Capital today announced a loan purchase agreement to provide financing solutions for franchisees. Under the agreement, First Internet ...
One of the biggest issues small business owners face is access to sufficient capital. Business owners who don’t research their options might end up depending on funds from sources that are impractical ...
The current wrangling over U.S. Small Business Administration loans may seem abstract. But consider the plight of Amanda Purser, an SBA loan closer for Yadkin Bank in Charlotte, North Carolina. "I’ve ...