Are You Seeking
Opening a franchise offers many benefits to the franchisor and franchisee. It provides flexibility and independence of small business owners with the infrastructure and support of a large corporation. Although franchises are a great option, they do come with franchise fees that may seem to be too much when you are starting.
If you don’t have the capital to cover these out-of-pocket costs, take a moment to understand our franchise finance options available to you. This type of financing will be able to cover expenses and growth opportunities that come with the franchise.
The SBA and alternative lenders offer outstanding term loans which are convenient and effective whether you are starting a franchise. Franchises are susceptible to cash flow issues since there are so many necessary expenses throughout the year to stay in business. Franchisors require fee guidelines which you must follow, and sometimes these fees could break the bank. Royalty and Advertising fees are taken from sales, and employee training usually needs to be paid. Make sure you are covered with capital, apply today!
Funding in as little as 24 hours
No Spending Restrictions
Lower Upfront Cost
Fund Your Franchise !
The challenge is even more significant for franchise owners looking to open new locations. They must pay a “franchise fee” amounting to tens of thousands of dollars, and the deductions as mentioned above begin as soon as the new location opens its doors. Combine these expenses with inevitabilities like new equipment or furniture, and you can see why business loans are popular for franchises. Multiple substantial costs can quickly pile up at the same time, making it extremely difficult to raise profits or save money.
Unlike independently-owned competitors, franchisee’s are not able to choose when to schedule expenses or what suppliers to work with. The business model is mainly passed on from the franchisor but its up to the franchise to make the profit and grow their business.
Sutton Funding is dedicated to providing small business loans for franchises. Getting sufficient working capital is crucial when you are opening a franchise location, with fees and startup costs it can be all too overwhelming. Opening your franchise gives you the entrepreneur experience with an edge. Apply today for a franchise business loan and get the upper hand with your competitors.
Discover Financial Options You Never Knew You Had…
Access working capital for equipment, inventory, renovations, or expansions.
Lump sum of capital you repay using a portion of your daily receivables.
Smaller sum of money you pay back, plus interest, with daily payments over 3 to 18 months.
Cash available for the day-to-day expenses of running a business and is a measure of both a company’s efficiency and short-term financial health.
Loan to help you afford new business equipment right away by using that equipment as collateral.
Borrow money for working capital, purchasing inventory or equipment, refinancing other debts, buying real estate, or even funding the acquisition of other businesses.
With invoice financing, you could get a fast advance of about 85% of the value of your invoices, with most of the other 15% paid to you later.
A Business Line of Credit works almost like a credit card, except you get access to cash and lower APRs. A line of credit is an arrangement with Sutton Funding that establishes a maximum loan the lender will allow the borrower to take. You can withdraw funds (as low or high as you wish) on the line of credit at any time, as long as you don’t exceed the maximum set in the agreement.