Financing a Franchise Business: What are my options?
In this blog article, Lawrence Roberts, Director at our sister company, Christie Finance provides an overview of the funding options available to a franchisee looking to set up a new business.
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Buying a franchise business is a great way to work for yourself, with the support of an established brand behind you. While you may have some of your own money to invest in setting up the new business and often franchisors will offer financial assistance to cover some of the start-up costs, it's likely you'll need additional franchise finance.
So, what sources of finance are available to a franchisee? Options can include traditional bank funding, alternative lenders and more.
Lenders will be looking for certain criteria when evaluating whether to provide a franchisee with finance, favouring candidates with relatable experience and a solid business plan...
To find out more, click here and read the full article on the Elite Franchise website.
Christie & Co and our sister company, Christie Finance are currently active in the franchise sector, working with brands such as Carls Jr, Paulaner, and AmRest (Sushi Shop) to find new franchisees.
For further information get in touch:
Simon Chaplin, Senior Director – Pubs & Restaurants at Christie & Co
simon.chaplin@christie.com / +44 (0) 7764 24135
Lawrence Roberts, Director at Christie Finance
Lawrence.roberts@christie.com / +44 (0) 7702 809 566