In 2018, franchised businesses in the US accounted for 8.2M jobs and over $450B in GDP. And that’s just inside franchises. GDP because of franchises is more than double that. Whether you’re up for a Dunkin Donuts, General Nutrition Centers, Zaxby’s or Meineke, franchising is a great business opportunity for most entrepreneurs.
Our newly-announced Fountainhead 7(a) loan program can provide the financing to acquire and equip franchised businesses. That could include working capital, leasehold improvements and FF&E. If you or someone you serve is considering a franchise, a Fountainhead 7(a) is the smartest financing in the marketplace. Check out the benefits on our website.
We will have our entire 7(a) team in Las Vegas next week for the IFA2019 (International Franchise Association) Annual Convention. Please drop by our booth and see us – we’ll be at booth #102.
As always, I’d welcome the opportunity to assist you or those you serve no matter what your financing need may be. Call or email me anytime, whether for SBA 7(a), 504 or conventional CRE loans.
Down Payments and Strategic Use of Capital
When acquiring CRE, higher down payments reduce lender risks but can keep a business owner from accessing needed capital for operations and growth. Strategically using less capital for smaller down payments on commercial real estate loans (or other commercial loans) is a no-brainer for business owners. Check out this short (.38) video and use funds to your advantage.