Do you own a franchise or are you looking to purchase a new location for your existing franchise? National Business Capital has franchise financing and restaurant financing programs available to you with a variety of customizable options. We offer premium programs and our franchise clients have funded multiple locations through us. Though there are a wide variety of crucial reasons a franchise owner may elect to utilize our professional financing services, many franchisees tend to use our franchise financing for remodeling, mandatory franchise updates, new location acquisition and equipment purchases, repairs and upgrades. Here are the 3 main products that are offered for franchise financing with a brief description of each.
Business Line of Credit
A business line of credit gives you the flexibility needed to access funds quickly and conveniently. Our business financing is an excellent tool that is designed to meet the specific needs of your business. One of its best features is that you only pay for what you use. Even if you do not have an immediate need for funding, a line of credit is always smart to have for emergencies or for when an incredible opportunity arises. Click here to learn more about our Business Line of Credit option.
Small Business Loan
Our small business financing approvals are NOT based on your personal credit, time in business or if you are showing a loss. Even if you have an open tax lien, we can still help. No matter what the situation, business owners trust our small business loans to grow their business at a faster pace. Unlike traditional banks, we offer unsecured small business loans up to $2 million, with absolutely no restrictions on how the funds are used. So many business owners have looked to us for a fast, trustworthy and effective answer to their financial troubles.
Equipment Leasing & Financing
National Business Capital finances almost every type of equipment for any franchise. We can provide your franchise with equipment leasing by offering affordable monthly payments through customized terms specific to your business. National Business Capital can work with you to finance used or new equipment or purchase inventory in anticipation of future sales or rentals. We offer a comprehensive package of equipment loans, ranging from 12- to 60-month terms, which offer a solution to any type of franchise business and franchise business owner. We also offer 10-year terms for more extensive manufacturing equipment financing. Click here to learn more.
Franchises That Have Used Our Financing
We have successfully provided franchise loans and restaurant financing to such recognizable and far-reaching brands (but not limited to) as Subway, CiCi’s Pizza, Meineke Car Care Center, Golden Crust, Golden Corral, Firehouse Subs, Kentucky Fried Chicken, Domino’s Pizza, IHOP, Burger King, Jack in the Box and Quizno’s, to name a few! Now let’s talk about some of the more popular franchises out there today. Entrepreneur came up with a blog post of the top fastest growing franchises in 2015. The list includes over 100 franchises in different industries. Here are the top 10 that they have listed. To read the whole blog post, click here.
2015 Franchise 500 rank: #3 Subs, salads subway.com Total franchises/co.-owned: 42,227/0 U.S./Canada franchise growth: +532
2015 Franchise 500 rank: #11 Coffee, doughnuts, baked goods dunkinfranchising.com Total franchises/co.-owned: 10,993/0 U.S./Canada franchise growth: +373
2015 Franchise 500 rank: #22 Travel agency cruiseplannersfranchise.com Total franchises/co.-owned: 1,757/1 U.S./Canada franchise growth: +302
2015 Franchise 500 rank: #6 Gourmet sandwiches jimmyjohns.com Total franchises/co.-owned: 2,043/38 U.S./Canada franchise growth: +288
2015 Franchise 500 rank: #26 Commercial cleaning vanguardcleaning.com Total franchises/co.-owned: 2,946/0 U.S./Canada franchise growth: +250
6. Great Clips
2015 Franchise 500 rank: #37 Hair salon greatclipsfranchise.com Total franchises/co.-owned: 3,518/2 U.S./Canada franchise growth: +231
7. Taco Bell
2015 Franchise 500 rank: #19 Mexican food tacobellfranchise.com Total franchises/co.-owned: 5,157/896 U.S./Canada franchise growth: +227
2015 Franchise 500 rank: #102 Lego-engineering classes, camps, parties bricks4kidz.com Total franchises/co.-owned: 606/2 U.S./Canada franchise growth: +181
2015 Franchise 500 rank: #14 Burgers, chicken, salads, beverages aboutmcdonalds.com Total franchises/co.-owned: 28,994/6,689 U.S./Canada franchise growth: +164
10. Sport Clips
2015 Franchise 500 rank: #36 Men’s sports-theme hair salon sportclipsfranchise.com Total franchises/co.-owned: 1,269/31 U.S./Canada franchise growth: +162 Here is another great article on the original locations of 15 of the most famous food chain franchises. Click on the image to open the article.
“Franchising offers individuals like me an opportunity to break free and own their own business whilst at the same time minimizing the risk that is inherent in opening an entirely new business from scratch. Franchising also enables you to become involved as part of a company that has established a tried and tested system and has achieved some market share and name awareness. In the end, you’re given the responsibility to succeed without micromanagement.” – Stacy Huston
You can read more about how Stacy went from using financing to buy a franchise to turning her franchise into a $1,000,000 per year business by clicking here.
The majority of our clients were denied franchise loans from traditional banks before contacting us. But National Business Capital offers franchise loans to small-, medium- and large-sized businesses nationwide – and works with all types of businesses, no matter what the credit history. When you choose National Business Capital as your lender, you will enjoy zero upfront fees, approval within 24 hours and funding within mere days.
National Business Capital is extremely proud of our 90% approval rate. Our clients’ franchise financing needs are addressed quickly, efficiently and with a personal touch, regardless of their credit score. The National Business Capital 2-minute application will get your franchise started with achieving the financing it needs. For more information or to fill out our 2-minute application, please click here. Do you have further questions about franchise financing or restaurant financing? Please give us a call at (888) 888-9124. Our restaurant financing representatives are standing by to serve you.