Franchise Money Maker

How to Finance Your Franchise
From: The International Franchise Association Web Site

Entrepreneurs looking for financial backing to buy a franchise can count on two things: lenders want to see strong business plans, and they expect borrowers to provide about a third of the total capital needed. Depending on the type of franchise, this could mean coming up with roughly $50,000 to $200,000 from savings, stocks, bonds, pensions, IRAs, property, and so on.

The International Franchise Association (IFA), the world’s oldest and largest trade group representing this growing business strategy’s leading franchisors and franchisees, also counts among its members many top lending institutions and financial advisors who note that there are several ways to secure financing to buy a franchise.

Franchisees generally have an easier time securing bank loans than their independent business owner counterparts, because they have behind them the established trademark and marketplace experience of their franchisor.

Read the entire story and get all the facts here:
http://www.franchise.org/FranchiseeSecondary.aspx?id=10004

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