Other Funding Options
401(k) business funding and SBA Loans may be the most common ways to fund a start-up business, but they're not the only ones. Let us help you explore what else is out there.
Securities-Backed Loans
You can use a portfolio of stocks, bonds, mutual funds, U.S. Treasuries, or cash to get a low-interest line of credit. Because the loan is secured with hard assets, interest rates are extremely favorable and funds can be available quickly. Best part? You only pay interest on the money you use.
Leasing
The right equipment at the right time could improve your bottom line. Whether you need company vehicles, furniture, or computers, leasing offers a quick and easy way to get needed equipment without using your cash or working capital as a down payment. Other advantages include 100% financing, potential tax benefits, and fixed payments.
Unsecured Loans
Similar to small business credit cards, these loans typically consist of multiple revolving lines of credit from $25,000 to $150,000. Instead of requiring personal collateral from the business owner to secure the loan, the lenders consider the borrower's overall financial strength and creditworthiness to determine eligibility.
Business Insurance
Our insurance providers are experts in the franchise industry. So, you can be confident the coverage they offer is the coverage you need. Plus, we’ll help you narrow down providers and plans to find the one that fits your budget. But we’re still not done. Because even after you’re covered, our risk managers will work to help your business run safely.
Property & General Liability
Business Owners Policy
Auto Liability & Physical Damage
Workers' Compensation
Umbrella Coverage
Health & Life Insurance
Personal Insurance
Cyber Coverage
Employee Solutions
Keeping up with the day-to-day responsibilities of managing employees takes up a lot of time, so we have partnered with ADP® to make sure you have access to the very best payroll, HR, benefits and compliance solutions. From hire to retire, ADP will help you save valuable time and reduce your company's overhead costs.
