Many business owners got their first break by buying a franchise, such as a chain restaurant, a hair salon, or a sporting goods store. Even some medical practices and building contractors have gotten a leg up on owning their own business this way. Franchises provide a great platform to learn if business ownership is right for you. After all, at first, the franchisor will often help jump start an offshoot by waiving fees and even partnering with traditional lenders to assist new franchise owners receive financing. Years later, when the franchisee wishes to expand or upgrade, very often they find that due to the nature of their enterprises, franchise loans and other financing options may be few and far between.
Where to Go for Franchise Finance Advice
Many small business owners contact AdvancePoint Capital after being turned down for franchise loans by their bank. Traditional financial institutions have lending criteria that requires extensive paperwork and, quite often, extended timelines before applicants learn if their loan has been approved. That will not be the case when you apply for any franchise finance options from AdvancePoint Capital. From our simple one-page, easy to fill out and submit application, to our lending criteria that considers all credit ratings, not just “excellent”, you’ll receive a level of attentive service you’ve not found anywhere else.
AdvancePoint Capital wants our clients to succeed. By establishing a solid business relationship and assisting them to obtain the financial products their business needs, we work hard to earn your trust. We make the entire process as simple as possible: You’ll be able to fill out our form in minutes and our application requires minimal paperwork. We do not require a high FICO, either. You will not wait long for a decision and, if approved, money will be in your business account in days. This way, whenever your business needs franchise finance guidance, you’ll turn to AdvancePoint Capital. Let’s get to know each other. For a confidential needs analysis, give our representatives a call, or just fill out and submit the form for a prompt response. We’re here for you 24/7, at (800) 381-8920.