| Loan Name |
Description |
Advantage |
|
A proven capitalization solution offered by FranFund that allows for investment of monies from IRAs, 401(k)s and other qualified plans into the business, tax-free and penalty-free |
- Start a new business, purchase an existing business or expand your current business
- Utilizing these funds to capitalize your business allows you to invest in yourself.
- Limits debt and enhances cash flow in the critical start-up phase of the business
- Shorten the time to reach break-even or profitability
- Allows for tax-deferred retirement savings options in the future
- Begin paying yourself a salary during the start-up phase
- Funds may be used as the personal equity injection for SBA or conventional loans
|
|
FranPlan Safety Net |
Accelerate the availability of your retirement funds by utilizing this FranFund proprietary program. |
- After completion of the Safety Net program, the FranPlan can be completed in just 5 to 7 business days
- No cost and no risk to the client
- If the client decides not to move forward, their funds are in a Self-Directed IRA
- Increase flexibility in the process of deciding to move forward with a business
|
FranFund Business Loans |
Our lending division creates a comprehensive loan package and utilizes a large network of SBA and conventional lenders to secure funding |
- Improve the chances of loan approval by having a "bank ready" loan package
- Reduce the typical loan cycle of 90+ days
- FranFund relationships with lenders across the country improves the chances of loan approval
|
Business Line of Credit |
Establish a line of credit in the name of your new or growing business. This is a signature only (no collateral) line of credit based on the personal financial strength of the borrower. |
- Approvals within 7-10 business days, initial funding within 3-4 weeks
- Get working capital to start or expand your business
- Typical approvals $50,000-$100,000
- Supplement other capitalization plans
- Simple application process
- Business lines of credit (rates reflective of clients overall financial health)
|
Securities-Backed Financing |
Utilize qualified securities (i.e. stocks, bonds, mutual funds, U.S. Treasuries) to obtain a low interest line of credit. |
- Pay interest only on the amount used
- Loan-to-Value of Approved Assets from 70%-90%
- Get working capital to start or expand your business
- Supplement other capitalization plans
- Not credit or income based
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