Congratulations on taking the step to become your own boss!
Along with the really important decision of choosing a franchise system that suits your passion, skills and lifestyle, you will need to give serious consideration to financing this investment, not only the franchise royalty fees but inventory and working capital as well.
Our experienced consultants are well versed in lending policy when it comes to franchise finance. Buying into a franchise is generally considered to be more stable than starting a business from scratch because the franchise model has been tried and tested. Mainstream lenders have an accreditation system for certain franchises which means they are generally willing to lend up to 70 percent of the required finance without the need for security over property. If the franchise is not accredited you may need to borrow finance against the security of a property.
Franchise finance can be a tricky world to navigate. Here at The Alliance Group our consultants are experienced in securing franchise funding. We know what lenders are looking for, we know how to present your loan application in order to maximise your chance of approval. We have strong business relationships with a number of financial institutions and banks that can help you take the next step to owning your franchise.