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Smooth Lending for Franchisors…Why?
October 19th, 2011 by Matt Segall
In tight economic times we all find ourselves currently in, it seems that you have to have cash for almost anything these days. For individuals looking at franchising, the environment is different. It’s a lot easier to obtain financing for a new franchisee versus the independent business owner.
Lending is easier for franchise systems because the lending institutions have a history of financial performance to evaluate the strength of a business. A start-up, new business entrepreneur is evaluated as a much higher risk and thus experiences stricter requirements. He can also pay a higher price for acquiring start-up capital with higher interest rates.
EmbroidMe has over 10 years of history and a strength in the industry and thus is able to offer financing programs and avenues for entrepreneurs to easily get into this turnkey business system. The EmbroidMe franchise reviews resonate the strength of the brand and business model throughout the organization.
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