Business or Franchise Purchase Loans
What is a Business or Franchise Purchase Loans?
Whether you are starting a new business or expanding an existing one or starting up a new one, it is crucial that finding the right finance product for your business or franchise is critical to your success.
The types of loan products on offer are as varied as the many types of businesses the lenders are financing. Choosing the finance product that is appropriate to your needs is just the starting point. Before a lender will approve your loan, they often require an extensive amount of documentation. They will require up to date information regarding numbers about things like cash flow, profitability, tax returns, sales forecasts and growth potential of the business. They will also want to know about your qualifications, your personal assets and liabilities, and how much you’ll be able to invest. It can often be a complicated and time-consuming process.
We can navigate you through the entire process, from selecting an appropriate loan, to compiling the application and obtaining final approval. We work tirelessly to stay up to date on available products and understand what lenders require for your application to help ensure you get your desired outcome.