Franchises have been on a considerable upswing in the past decade. Many people are testing their entrepreneurial spirit in the business world. Unfortunately, securing financing for a franchise is not always easy.
At Active Business Loans, we specialize in helping franchise-owners in a variety of industries, including restaurants, daycares, retail outlets, automotive, and many more. Small businesses employ the majority of employees in our country and franchises are a big reason for that. Our team understands and appreciates that. The growth of small businesses and employment opportunities is important to us.
We Help You Every Step of the Way
SBA Loans are the best type of financing for franchises with or without real estate being included. Active Business Loans can lead you through this process. Not only can high volume franchises be financed but lower volume franchises can be also. Financing can lead to a 10-year term with low interest rate. Real estate is not necessary, but we can help with your commercial real estate financing, too! Don’t forget – we can provide franchise financing nationwide.
Consider the Costs of a Franchise
Depending on your business, a franchise can cost anywhere between $20,000 and $50,000, sometimes more. And once your franchise fees are paid, you will probably need some immediate cash flow for the day-to-day costs of running a business. Most people don’t have this kind of cash laying around. The Active Business Loans team understand getting your franchise started on the right foot is vital to your overall success. That’s why we take your financing needs so seriously.
If you’re interested in purchasing a franchise, have a chat with Active Business Loans. We’ll help you understand the process and plan for the knowns and the unknowns of the business. We’ll be your ally in getting your franchise started off right.