Conventional Franbank
Acquisition and Expansion Financing for Franchise and Non-Franchise Businesses. FranBank is a preferred lending solution to many franchise systems offering capital readiness programs and capital procurement.
Providing you with the best franchise financing solution is our goal
FranBank is a specialty financing program designed for franchisees of approved franchise brands and for independent, non-franchise businesses. Our network of conventional bank partners provides an alternative to current traditional conservative and time consuming lenders.
Qualified candidates are offered capital finance for their franchise and business acquisition or expansion requirements, at or below conventional loan rates. Closings can occur within 45 days on an expedited basis.
The benefit of FranBank is, through our detailed modeling, our ability to collateralize the cash flow of your existing and that of the target business. This generally allows for much lower cash injection (down payment) than would otherwise be required – something that expanding businesses find very attractive.
Obtain the Loan you deserve
- Direct lender relationships
- Term Sheet and commitment available within 14 days
- Target loans are at conventional rates and generally in the 4.5 - 7.5% range
- Strong emphasis on Franchisee track record, de-emphasizing personal collateral where possible
- Loan sizes from $1 million to $10 million, but can be higher on a case by case basis
- All out of pocket fees are generally credited against your equity contribution
- Lender fees are payable at closing DFS fee only if successful funding
- Loans are generally amortized over 7 - 10 years, longer for real estate based transactions
- Pro-Franchise conventional Lender partners
What transactions qualify?
Acquisition financing for single-unit, multi-unit & regional / area developments
Funding for candidates seeking additional unit(s)
Financing for equipment and leasehold improvements
Refinancing/combination financing
Why FranBank?
Loans starting at $1 million. Typical loans range from $1 to $10 million but can by higher on a case by case basis.
speed
SIMPLICITY
CUSTOMIZATION
Client Testimonials
