Franchise Financing for Proven Concepts
Franchises have a built-in advantage with lenders: a proven model, brand recognition, and franchisor performance data. That translates to better loan terms.
SBA and Conventional Lending for Franchise Buyers
Franchise deals are some of the strongest SBA loan candidates out there. The SBA maintains a Franchise Directory of pre-approved concepts, which streamlines underwriting and often means faster approvals. CapitalAx recently arranged a $98,000 startup franchise loan at 0% interest through an EIN-only business credit facility, a structure most borrowers don't know exists. For larger franchise acquisitions and multi-unit expansion, SBA 7(a) and conventional programs cover the purchase price, buildout costs, equipment, and initial working capital.
Key Terms
Who Is It For
- First-time franchise buyers
- Multi-unit franchise operators expanding
- Franchise resale purchasers
- Existing franchisees refinancing debt
- Area developers with multi-unit agreements
Common Use Cases
- New franchise unit purchase
- Multi-unit expansion
- Franchise resale acquisition
- Buildout and equipment financing
- Working capital for new locations
Borrower Scenarios
- A first-time franchise buyer acquiring a Chick-fil-A operator agreement, using SBA 7(a) to cover the franchise fee, buildout costs, equipment, and 3 months of working capital with 15% down.
- A multi-unit Subway operator expanding from 3 to 5 locations, structuring a single SBA facility to cover both new unit buildouts simultaneously, saving on duplicate closing costs and streamlining the approval process.
- A corporate refugee investing their severance into a Great Clips franchise resale, using SBA financing to acquire the existing location at a discount from a retiring operator, closing in 48 days with 10% equity injection.
- An area developer with rights to open 8 Jersey Mike's locations over 4 years, securing a master SBA commitment that pre-approves financing for each new unit as lease agreements are signed.
Why CapitalAx
Frequently Asked Questions
Does my franchise need to be SBA approved?
For SBA financing, the franchise must be listed on the SBA Franchise Directory. Most major franchise systems are already approved. If yours is not, we can explore conventional financing alternatives or assist with the SBA registration process.