Franchise Funding
Franchising Funding Solutions
Your Franchise Fit Consultants have a wide network of funding solutions to meet your specific needs and circumstances. We can help you find the right financing for your franchise, as there are a variety of financing options available to franchisees. Here are just a few types of funding available:
Franchising Financial Assistance Programs
Franchise Loan Brokers
Tax-Free Retirement Rollovers
Traditional Funding
Home Equity Loan
Creative Financing, such as crowdfunding, leasing, etc.
If you would like to speak with one of our financing partners, ask Your Franchise Fit Consultant and we will refer you to the appropriate financing consultant.
Questions To Ask Yourself Before
Funding A Franchise
- Do you need financing for the purchase of your franchise?
- Do you have money in an IRA, 401(k), 403(b), Keogh or other type of retirement account?
- Would you like to access the money in your retirement account to invest in your own business, without taking a taxable distribution?
By rolling your retirement funds into a 401(k) franchise financing vehicle, you can:
- Buy a franchise, lower overhead and increase your success rate
Did you know that you can use your retirement savings to finance your dream of owning a franchise without paying taxes or penalties? This is possible through a Rollover of Business Startup (ROBS) plan. With ROBS, you can roll over your retirement savings into a new corporation that you create specifically to own the franchise. Then by investing your own money to purchase advertising, hire additional employees, buy equipment, lease a company vehicle or any other business related expense you will reduce your overhead and generate profits quicker.
- Eliminate personal liability.
Use you own funds to avoid pledging your home or other assets as loan collateral and potentially jeopardizing your personal credit.
- Maximize tax-deferred benefits.
Investing your retirement funds into your own franchise can help you build your business and grow your retirement nest egg at the same time! You can even reinvest your profits tax-deferred, either in your business or in your retirement account.
- Enjoy flexibility.
You can combine a variety of funding such as retirement funds, personal savings, investment capital from other investors or other sources to finance your business. This is also an efficient way for husband-and-wife teams to finance their joint business venture.
- Invest in yourself.
Financing your business with retirement funds is a smart way to invest in yourself and your future, unlike the risky stock market.
Unlock the potential of your retirement account and discover it’s true investing power by using money you already have!
Additional Financing Options
- Some franchise companies may provide in-house financing
- Securities Based Credit Lines
- Conventional Bank Financing
- Home Equity
- Refinance
- Home Equity Line of Credit (HELOC)
- SBA Loans
- Equipment Leasing
- Unsecured Loans (Signature Loans)
- Peer-to-Peer Loans
- Use Retirement Funds without incurring penalties (401k Rollovers, etc.)
- Family and friends
- Taking in a Financial Partner
