Guidant Financial Can Help You Finance Your Murphy Business Franchise
One of the most common forms of financing, these loans — which offer up to $5 million — are guaranteed by the Small Business Administration and lent by banks. Guidant simplifies the process for you by matching candidates with preferred lenders in their network.
SBA Working Capital Loans
An alternative for those searching for lower amounts of capital, these loans offer you the same benefits as SBA loans with a shorter turn-time.
Rollovers for Business Start-ups
Rollovers for Business Start-ups allow you to utilize your retirement funds without taking a taxable distribution to start a franchise.
If you own bonds, mutual funds, stocks or other securities, you may be able to leverage those funds to open your business — without liquidation.
You won’t need collateral to qualify for these loans, which can close in just three weeks’ time. A great option if you need a fast funding solution.
You don’t necessarily have to purchase the equipment for your new franchise; sometimes it’s more cost-efficient to lease it. Guidant can help you with leasing amounts up to $2 million.
It’s fast and easy to determine which financing method(s) may be right for you.
SBA Loans are a tried-and-true method of franchise financing, created to help entrepreneurs by offering low interest rates and no balloon payments, with a guarantee by the Small Business Administration.
Lenders are poised to offer financing amounts ranging from $100k to $5 million for those who meet the SBA’s criteria.
Requirements for these loans include:
- A 640+ credit score.
- Access to collateral.
- 30% equity injection (or 20% for an existing franchise).
- A solid income.
- Three years of applicable work experience.
Guidant Financial’s team of experts can connect you to approved lenders in their network who are the most likely to fund your loan.