Maybe you’ve always dreamed of being a small business owner, but starting from scratch isn’t up your alley. Franchise ownership may be right for you. As a franchisee, you have the best of both worlds. You can live your entrepreneurial dream with the support of a proven business model. So, if you’re about to start a franchise, you’ve made a great move.
We can help.
At Capital Link Finance we offer a number of franchise funding options, including SBA loans. Capital Link Finance helps cover the many costs—and growth opportunities—that come with running a successful franchise. We want to be a cog in your machine, a tooth in your gear, a part of the whole…well, you get the idea.
What does it mean to be a franchisee?
When you open a franchise, the franchisor sells you use of their trademark, ongoing support from the company, and the ability to use their proven system of doing business and selling its products and services. But, this comfort comes at a cost. The one-time up-front fee you’ll submit when you sign the agreement can be anywhere from $10,000 to $100,000+ depending on the type of franchise you are considering.
Don’t have the funds to cover franchise costs out-of-pocket?
Even before signing the franchise agreement, you will already be incurring costs such as attorney and accountant fees. You need those professionals to look over the contracts and other paperwork. Depending on the type of business you choose, there will be costs for building out your location, inventory, equipment, insurance, employee training, business licenses, rent, landscaping, signage, etc. Purchasing your own real estate can be a significant, separate expense. Also, be prepared for initial marketing, advertising and promotional expenses. Once you open, there are ongoing expenses such as interest (if you have a loan), supplies, salaries, professional fees, rent, utilities, maintenance, uniforms, and more.
What costs will Capital Link Finance cover?
Here are just some of the costs we can cover with our funding options:
- Build-out costs
- Plus much more
To find out how Capital Link Finance can help fund your dream, just fill out our simple pre-qualification form. In less than 24 hours we can have answers for you on exactly how we can assist you.