Business Loans
Franchise Business Loans
Franchise Business Loans
Want to Buy A Franchise
At Monetta Financial Services, we understand the dream of being your own boss, and purchasing a franchise is seen as a more robust business model than independent ventures by banks.
You may be looking to open a branch, fit-out a whole new store or set up a brand-new franchise. Whatever the scenario, we can help you find the most suitable loan for your franchise. We are committed to providing you with the most flexible business loans tailored to franchises.
How we can help you?
Key Features Of Franchise Business Loans For Your Business
Variable Loan Amounts
The amount you need to borrow varies depending on the business you select and the industry in which it operates. For instance, you can borrow between 50-70% of the business value of an existing store or up to 65% for a new store.
Funds To Cover Additional Costs
There are several other expenses to consider when buying or running a franchise business. First, be sure to include equipment costs in your budget.
Loan Terms Of Up To 10 years
Franchise loan terms are usually linked to the length of the franchise agreement term. This means that loan terms typically range from 5 to 10 years, but more extended periods are available for borrowers who offer their residential property as security for the loan.