At FNB Small Business Finance, we partner with franchise owners in a wide array of industries. From auto repair to early childhood education to general services (and many more) we know the brands and we know the needs of the operators. FNB Small Business Finance can tailor a financing solution that meets the unique needs of the franchise concept, and our experienced team is there to help franchise owners drive success.
Deal Types:
- Acquisition of existing units
- Both full and partial ownership
- Partner Buyouts
- Expansion to additional locations
- Start-ups
- Real Estate
- Buying a building
- Ground up construction
- Improvements and expansion of existing location
- Leasehold improvements to leased location
Features:
- 90% financing for 100% acquisition
- 95% financing for partial acquisition
- 90% financing for expansion to new location
- 90% financing for real estate
- 85% financing for startup (first location)
- Loans can include funds for:
- Leasehold improvements
- Furniture, Fixtures, equipment
- Inventory and supplies
- Working Capital
- Other business needs
Benefits:
- Lower down payments
- Longer terms
- Helps you build and maintain cash flow
- One loan for many of your business’ needs
- Flexible rate structures to help manage rate volatility
- Both fixed and variable rate options available
Pre-Application Checklist:
Ready to get started? We recommend you reach out to your nearest FNB Small Business Finance Business Development Officer to schedule an initial call. Here is a short list to help you prepare for this call:
- Estimated project costs
- Three years of tax returns, interim financial statements on existing business(es) including Income Statement, Balance Sheet, Debt Schedule (if applicable)
- Three years of personal tax returns – all owners 20%+
- Personal Financial Statement – all owners 20%+
