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FRANCHISE LOANS
Access to funding
Obtaining finance for buying a franchise may be
difficult as many lenders hesitate to fund new
franchises.
At Simplicity our lending managers are experienced
in securing franchise funding. We have strong
business relationships with a number of financial
institutions and banks that can help make your
investment happen.
We understand what lenders are looking for, they
know how to present your loan application in order
to maximise your chances of getting approval.
FRANCHISE ACQUISITION FINANCE
If you are looking into a new or existing business franchise opportunity, Simplicity has established strong relationships with a large number of reputable lenders that offer tailor-made franchise financing packages for accredited franchise systems. In many instances, the team at Simplicity can assist you in obtaining unsecured loans for up to 70%of the purchase price, depending on the quality of the franchise system.
Generally the term of the unsecured business loan is limited to the length of the lease and the franchise term which can be up to fifteen years. Interest only terms are available depending on the strength of the application, the right financial institution and the right business franchise system.
Simplicity's experience in franchise financing is supported by a history of established relationships with many major franchises including but not limited to McDonalds, Oportos, Pandora, Jax, Crust, Dominos, Pizza Hut, 7-11, Zeus, BP and Subway.
REFURBISHMENT OR FIT-OUT FINANCE
Franchise financing is also available to those franchised businesses with physical operating premises that require refurbishment or a re-fit. We can assist in ensuring your new or existing franchise is visually appealing to your clients.
WORKING CAPITAL FOR FRANCHISES
Once you have purchased your franchise, working capital is often required for the ongoing operations of the business. We will ascertain your cash flow requirements for the ongoing running of your franchise and will obtain a suitable working capital facility such as an overdraft, debtor finance or other types of working capital finance.
PLANT AND EQUIPMENT FINANCE
Should you require finance to equip a new franchise store with plant and equipment, our team has a wealth of knowledge in equipment finance and can provide a number of tailored solutions.
COMMERCIAL PROPERTY FINANCE
If you need to acquire the premises from where you will or do operate your franchise business, Simplicity can assist you in this purchase.
BANK INDEMNITY GUARANTEES FOR LEASES
Franchise businesses that are in leased premises will often require a bank guarantee or bank indemnity to secure and support the lease. We can arrange the appropriate bank guarantee required for your landlord.