Investing in a franchise can be a great option for aspiring and seasoned entrepreneurs. Franchises offer done-for-you branding in a company that has an established and growing market presence. But how can you afford to buy into your first franchise?
Fortunately, most entrepreneurs can take advantage of flexible franchise financing options. Every brand has its own requirements for financing your investment. Legendary Capital Solutions has provided lending for the top franchise brands in the Midwest and the nation. Our experts can walk you through your options and help you find the financing that will work with your brand and your budget.
What expenses can franchise financing cover?
Franchise financing can cover most franchise expenses. You can fund the construction or build-out for your new location, purchase the equipment and supplies you need to run your business, and cover your franchise fees with capital from franchise financing.
What franchise financing terms can you offer?
While every financing solution is different, our lenders offer most new franchise owners competitive rates and repayment terms. Our franchise financing rates start at just 6 percent and are fixed through the life of the loan. We can work with a wide variety of loan-to-value, or LTV, projections, up to 90 percent of the loan amount.
What’s more, franchise financing offers some of the most generous repayment terms in commercial lending. It’s common for borrowers to enjoy repayment terms as long as 25 years, which provides ample time to get the franchise profitable. Plus, borrowers often take advantage of penalty-free early repayment. These terms are available to seasoned business owners and new franchisees alike.
How do I get started on my franchise financing application?
You can start the no-obligation, pre-qualification process at any time. Get in touch with Legendary Capital Solutions today to discover your options. By starting early, you can reduce stress and save time in the long run. We look forward to assisting you.
Disclaimer: The contents of this website do not constitute financial advice and are provided for general information purposes only. If you require specific financial advice, you should contact a financial advisor. We can only advise on the basis of specific client instructions and are unable to offer financial advice by email to people who are not our clients. To learn how to become a client of Legendary Capital Solutions, please contact us.
