Obtaining finance when buying a franchise may be difficult as many lenders hesitate to fund new franchises or new ventures.
At Fox Finance Group our Lending Specialists have many years experience in securing competitive franchise funding. We have strong business relationships with a number of financial institutions and banks that can help put the dream of owning your own business happen.
Rest assured that our experienced Lending Specialists understand what lenders are looking for, they know how to put together the very best submission in order to maximise your chances of getting the very best approval.
Fox Finance Group can assist in obtaining finance for a new or existing business franchise in the following areas:
Franchise Acquisition Finance
If you are looking into a new or existing business franchise opportunity, Fox Finance Group has strong relationships with a number of lenders that offer tailor made franchise financing packages for accredited franchise systems.
Funding Low Entry Franchise Systems
If you are interested in buying into a franchise system that has a low entry fee such as less than $100,000, you would have probably found that it is difficult to obtain finance.
Business franchise finance and franchise opportunities are rapidly changing and there are new packages specifically targeting low entry franchise systems that are about to launch into the market.
If you own your own home or currently run an established business, get in touch with us today to discuss your options.
Refurbishment or Fit-Out Finance
Franchise finance is also available if you are operating a franchised business from premises and require finance to carry out a refurbishment or a re-fit. There are now a number of unsecured business lenders on our panel that will assess your loan based on bank statement data. This offering can be turned around within 24 hours, yes you read it right, 24 hours!
Plant and Equipment Finance
Should you require finance to equip a new franchise store with plant and equipment, Fox Finance Group offers numerous commercial leasing and equity funding solutions to assist.
Commercial Property Finance
If you need to acquire the premises from where you will or do operate your franchise business, Fox Finance Group has commercial property finance solutions that will assist you in this purchase.
Working Capital for Franchises
Once you have purchased your franchise, you normally need ongoing working capital for the business. We will ascertain your cash flow requirements for the ongoing running of your franchise and will obtain a suitable working capital facility such as an overdraft, debtor finance or trade finance facility.
Bank Indemnity/Guarantees for Leases
Most franchises that are in leased premises will require a bank guarantee or bank indemnity to secure and support the lease. Fox Finance Group can arrange the appropriate bank guarantee required for your landlord.