Franchise Financing

Typically, franchise organizations will require you to pay an up-front franchise fee. In addition to the franchise fee, you will need cash on hand for build-out costs, daily operations, and marketing… and enough money to support yourself and your family for the first year or two.  

These costs can be significant and to cover them, you may need to find financing or a loan to cover the costs of opening your franchise.

Even though franchises have a much higher success rate than most start-ups, obtaining franchise financing may be the most difficult part of your new business venture.

Studies have shown, for example, that in one year over 21 million small business loans were applied for through local banks and only 4 million were actually funded to start a business!  Even SBA loans have become increasingly more difficult to obtain.

While many lenders are particularly hesitant to fund start up franchises, we know how and where to get you financed. We get loans approved that other lenders turn down. And you get the benefit of our Franchise expertise and business lender relationships. 

We realize that many capable individuals are not able to identify interested financial institutions, package the application appropriately, or justify their needs to Bank or Lending officers. Over 83% were initially declined due to presentation alone.

Whether your qualifications are average, strong, or unique, we know how to present and structure your financing proposal, so you have the best chance for approval. 

Reach your Goals and Dreams 

Our success rate is high because we know what our business lenders want and need to get your loan approved. We pride ourselves on securing working capital whenever possible and providing a complete package for all of your business and financial needs. 

Quick Application …

Applying for an equipment lease or one of our other financing programs is:

• Fast and
• Easy, and
• Won’t cost you anything!

Just follow these five simple steps:

1. Pick out the equipment you need and get a written proposal or quote from your vendor.
2. Call or email me at
   
   336 552-0548 or
   Mike@MLeonardCo.com
3. I’ll send you a one page application form and call you to help put together any other information that will help get your application approved as quickly as possible.
4. When I have your completed application and supporting information, I’ll submit the package for review and approval.
5. Your approval will usually be available within 24-48 hours… then you simply sign the lease and schedule the installation of your equipment.

That’s all there is to it… click below for more detailed information about the application process…

Apply NOW