Finance for Franchises | How to Get Funding for a Franchise

investment property loan

A well-known franchise can be a low-risk business opportunity. Generally, the brand is known and there is an established customer base; also, systems are already well-established and proven. This can mean the revenues and profitability can be confidentially projected. This can also mean that getting a loan for a franchise is easier than for a new business that is otherwise unknown or less well-known. Banks and lenders have data on the revenues and profitability of many franchises and can calculate the risk of lending to these franchises.

There are many different franchises that can be financed, these are generally well established franchises that have established and proven brands and business models. Some examples of franchises that can be financed are listed below.

 

Examples of Pizza franchises financed:

 

    • Domino’s pizza franchise
    • Eagle Boys pizza franchise
    • Crust Gourmet Pizza Bar franchise
    • Pizza Capers franchise

 

Examples of fast food franchises financed:

 

    • Bakers Delight
    • Boost Juice
    • Brumby’s
    • The Coffee Club
    • Zarraffa’s Coffee
    • Cheesecake Shop
    • Cibo
    • Donut King
    • Gloria Jeans
    • Grill’d
    • Le Wrap
    • McDonald’s
    • Michel’s Patisserie
    • Mrs Fields
    • Muffin Break
    • Mad Mex
    • Nando’s
    • KFC
    • Hungry Jacks
    • Salsa’s
    • Breadtop
    • Bucking Bull
    • Café Cherry Beans
    • ChaTime
    • Coco Cubano
    • Coffee Guru
    • Subway
    • Gelatissimo
    • Oliver Brown
    • Roll’d
    • Primal Pantry
    • San Churro
    • Schnitz
    • Seven Seas Seafood Cafes
    • Zambrerro

 

Examples of other franchises financed:

 

    • Athlete’s Foot
    • Shell petrol stations
    • BP petrol stations
    • 7-Eleven
    • Australia Post
    • Battery World
    • Bridgestone
    • Endota Spa
    • Goodyear
    • Hairhouse Warehouse
    • Jamaica Blue
    • Kwik Kopy
    • Optus World
    • Pirtek
    • Poolwerx
    • Quest Serviced Apartments
    • Snooze
    • Telstra
    • Beaurepaires
    • EmbroidMe
    • First Class Accounts
    • Flip Out
    • GroutPro
    • Hire-A-Hubby
    • Mr Rental
    • Puma Energy
    • Shingle Inn
    • Signarama
    • Skewars
    • Touch Up Guys
    • Wild Cards & Gifts

 

and more…

Yes, applicants with bad credit may be accepted, especially if the issue was only a small default. 

 

Contact your trusted finance broker to discuss your situation.

The types of information that will be required when applying to finance a franchise include:

 

    • Cash flow forecasts
    • Projected incomes
    • Year to date or interim data
    • Vendor data

 

Note that other information about you and your financial situation will also be required in most cases.

The amount that can be borrowed will depend on the situation and the franchise being financed.

 

For many franchises you will be able to borrow up to 70% of the value of the business. In other cases such as for a petrol station, it can be lower (e.g. 50%+).

 

If the loan is secured against real estate (for example your home or investment property) you may be able to finance 100% of the business value. Certain other requirements apply. Contact your finance broker to find out more.

Choosing the right lender to finance your finance can be a confusing task. Each lender will tell you that they have the best option leaving you confused when you need to be spending your time focusing on other aspects of setting up your new franchise business. That’s why it is most important to deal with franchise loan brokers that can truly assist you to sift through the options and provide options that will get your franchise loan approved and meet your business funding needs. Contact your finance broker to get started.

low doc business loan

Low doc business loans

Sometimes you will not have all of the documents required to prove your income for full doc business loan. In this case a low doc business loan may be an option.

Non-conforming business finance

Have you been rejected by the bank when applying for plant and equipment finance even though you have a strong financial position? You may still have options!

Self-employed home loans

Are you self-employed and looking for a home loan? Find out about home loans for self-employed people here:

Oak Laurel – Finance made easy!

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