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Franchisors: Replace Your Loan Broker With LoanBox
For growing franchisors, it can become a task to find the right lenders, and enough of them to assist all of their different franchisees’ different financing needs in different states. Most franchisors aren’t able or even want to have full time staff dedicated to assisting their franchisees with financing. But most franchisors do want to help and often refer their franchisees to third party loan brokers, ROBS providers, or a bank or two they know who have financed other franchisees.
While franchisors are selling new franchisees in part on the franchisor’s successful system, most franchisors don’t also extend a system for assisting franchises with financing. If you’re a franchisor and this sounds generally like you, then consider the LoanBox Franchise Lending System.