Data Privacy
Protected
Protected
Unsecured Funds
No personal guarantee &
no collateral required*
Quick Funding
Get funded within
a few business days
Simple & Easy
Past credit issues may
NOT be a problem
Fast Approvals
Within 24 hours of
application
Small Business Loan Options
For Existing Franchises
Franchises are consistently vulnerable to cash flow issues thanks to the many mandatory expenses they face all throughout the year. On top of operational expenses and growth-related investments, franchises must obey the fee guidelines of their parent company, or “Franchisor.” Royalty and advertising fees are deducted from weekly or monthly sales. Some franchise owners must pay for new employees to undergo special training programs. Certain upgrades might be required for specific dates, and the national marketing campaigns that come from the aforementioned deduction must usually be supplemented by local advertising.
The challenge is even greater for franchise owners looking to open new locations. They must pay a “franchise fee” amounting to tens of thousands of dollars, and the aforementioned deductions begin as soon as the new location opens its doors. Combine these expenses with inevitabilities like new equipment or furniture and you can see why business loans are popular for franchises. Multiple large expenses can easily pile up at the same time, making it extremely difficult to raise profits or save money.
And don’t forget that unlike their independently-owned competitors, franchise owners don’t get to choose when to schedule expenses or which suppliers to work with. Their business model might have been passed down by the franchisor but it’s up to the franchise owner to figure out how to grow the business without endangering profits or failing to cover mandatory expenses.
United Capital Source has many years of experience facilitating Small Business Loans for Franchises. We have access to all types of business loan products. Contact us today for your FREE business funding consultation!
A few ways to use your funds:
Add Franchise
Locations
Pay For Required
Upgrades
Pay For Franchise
Fees
Advertise Your
Business
To Learn More about Business Loans for
Franchises call:
855.933.8638
or email us at
[email protected]
Some of Our Satisfied Clients
Being a hardware store means you need to have inventory. Inventory means you need to have space. One of our Ace Hardware franchise clients used the funding to expand their current store and continue to grow this location.
Store Expansion
Funded with $85,000
ACE Hardware
NY
Part of being able to carry the name of a prestigious franchise means that you need to keep up with current in store design trends. One of our Subway clients used their funds to update the interior look & feel as well as exterior signage.
Renovation
Funded with $30,000
Subway
NY
This Holiday Inn saw a prime opportunity to expand one of its wings and did so in their off season so that they could book more stays during busy season.
Wing Construction
Funded with $815,000
Holiday Inn
NY
This Goodyear location was short on cash flow from hiring a few more employees so they needed a boost fast! This client used their funds to restock their location for the upcoming season.
Restocking
Funded with $55,000
GOOD YEAR
NY
This UPS Store franchisee saw a great opportunity to expand into a great location with tons of foot traffic in a business district. We helped them get the funding they needed in time to secure this location and expand their stores.
Expanded Network
Funded with $285,000
The UPS Store
NY
We know all the routes to take
to get you the best business loan
United Capital Source offers franchise business loans, or franchise financing, to help franchise owners invest in growth, open new locations, and stabilize revenue amid upcoming bills or deductions. We understand that franchises deal with an above average amount of weekly and monthly expenses. This is why our franchise business loans tend to carry repayment systems that are different from those assigned to an independently-owned business. Terms will be structured to ensure your deductions do not prevent you from paying your rent and employees at the end of the month.
Our franchise clients have been recommended a variety of business funding programs such as merchant cash advances or short-term working capital loans. Both options can allow you to cover a massive upfront cost, increase staff, launch a local ad campaign or pay a series of coinciding bills. Since profit margins for restaurants and retailers are already on the low side, we can provide the means to make important payments ahead of schedule and lessen the blow from weekly deductions.
Start your new location off on the right foot
We also specialize in opening new franchise locations. Some of our franchise clients have used franchise financing to cover franchise fees, pay for new equipment upfront, or prevent weekly deductions from damaging profits during slow or busy periods. Franchise financing can act as a cushion for monthly expenses and make it possible to grow existing locations on schedule after opening new ones.
Many franchise owners have likely avoided small business loans because they are busy enough already. When you open a new franchise, you must simultaneously take on the roles of recruiter, accountant, sales executive, and HR manager. However, franchise business loans can be accessed in just a few business days, and you don’t have to play three rounds of phone tag just to have a question answered. With a merchant cash advance, payments are automatically deducted from sales and therefore require no manual action from the business owner. It is literally impossible to “miss” a payment.
Rest assured: No matter which business funding program you are choose, any sudden issues will be resolved before they interfere with your endless other responsibilities. Apply now to see how much you qualify for!