In today’s modern world a number of known brands and even many lesser known brands have franchised operations and provide opportunity for business owners to enter into business based on a tried and proven business model.
Most banks now have franchise loans wherein they will extend some security value against the ‘brand’ of a franchise. This may mean clients need not necessarily provide as much security as the business will have an underlying value that a bank will rely upon. This value does not normally exist with other business types outside the franchise systems.
Cumberland Finance Group is well versed with finance attaching to franchises and aware of what packages are available via different financial institutions. Even some lesser known franchises can still be financed and we are well placed to assist.