Are you a Franchisor?
Let us take the stress out of obtaining finance for your new franchisees. While you concentrate on your business, we’ll ensure the viability of your prospects and guide them through the loan preparation and submission process for faster, higher approval rates.
If you’re a franchisor, you need a trusted franchise specialist that understands the franchise system, and can simplify all your lending activities. Let us take the stress out of obtaining finance for your new franchisees, allowing you to concentrate on your business.
At The Finance Specialists, we have a proven, successful approach to helping those in the franchise industry navigate the banks’ lending processes.
- During our initial meeting with franchisees, we discuss the franchise’s investment requirements, their lending needs and their capacity to obtain a loan and manage repayments.
- We evaluate all lending sources available to the franchisee, and ascertain the best financial deals, discounts and facilities for their purposes.
- We begin the loan application and manage the paperwork for the franchisee to ensure the best results.
- We understand efficiency is vital to a smooth approvals process. We submit all financials to the lender in the required format, and handle all queries for the franchisee.
- We follow-up with the franchisee after settlement to ensure they have a positive relationship with their lender, and help the franchisee embark on a successful path for the future.
Benefits for Franchisors
As a franchisor, you’ll gain the following benefits while we work with your franchisees.
- Assistance for you and your franchisees with specialist, independent lending support.
- Subject to franchisee approval, feedback can be provided on a franchisee’s ability to fund the purchase, service the loan and meet the franchisor’s requirements – allowing you to plan for your future working with them.
- You’ll have more time on your hands, as we save you the time of helping franchisees prepare and submit loan applications.
- Your franchisees will have a faster, higher rate of finance approvals.
Approvals will be completed earlier, meaning your franchisees can invest sooner. - Your franchisees will have ongoing lending support, meaning you can concentrate on other aspects of your business.
- Educate franchisors on how they can support franchisees’ application.
Seek finance accreditations/preferred franchise status with the banks.