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Business News: The 6 Best Financing Options for Franchising a Business

Opening a franchise requires lots of capital. If you need a business loan to make it happen, here are the best options available. May 16, 2018 7 min read Opinions expressed by Entrepreneur contributors are their own.


Source:www.entrepreneur.com


Posted: 2018-05-16 00:03:17

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Working capital is the lifeblood of any business, so financing that delivers money quickly and at an affordable rate is imperative. There are a lot of options for financing: You can get a traditional small business loan, apply for an SBA loan, sell equity to the crowd or factor your outstanding invoices, just to name a few options.

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Financing is a crucial piece of the puzzle for almost every business. Unless you have access to enough capital to bootstrap your business or raise it from family and friends, chances are you'll need a loan or investments. When a conventional bank loan isn't right for you, or if you're looking for an ...

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Veteran Franchising Opportunities. Want to be your own boss, but not willing to take on the risk of starting your own business from scratch? Franchising can be a great alternative if you want to have some guidance in the start-up phase of the business.

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A franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (the franchisor) proprietary knowledge, processes and trademarks in order to allow the party to sell a product or provide a service under the business's name.

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