How to Buy a Franchise Using Credit – Robert Bennett – Fran Finders

If you’re exploring ways to fund a franchise purchase, you may want to consider getting financing. Depending on your purchase and your personal finances, you may qualify for government-backed lending. The Small Business Administration offers a loan product called the Express Loan. The guidelines are as follows: No personal assets are used for collateral, unsecured business loans use only business assets as collateral . You require a minimum of a 680 FICO score (as of this video) You only need a 10% cash injection in to the loan. So if you wanted to buy a franchise for $100,000, then all you would need is $10K. If you’d like to learn more, please reach me. Thank you for watching this video—Please Share it. Also, I like to read your comments, so please leave a comment and I will be sure to respond. Subscribe to My Channel: ++++++++++++++ Where to stay connected with Rob Bennett & FranFinders: Website: YouTube: Facebook: Twitter: Pinterest: LinkedIn:… Google +: Instagram: ++++++++++++++ Rob Bennett is the Co-Founder of FranFinders, a franchise consultancy and funding group. At FranFinders, we are more than franchise consultants. We are “Your Partners.” Throughout your franchise search, from the Initial Call to your Grand Opening, we are with you “Every Step of the Way.” By partnering with us, you get our Experience, Knowledge and proven 10 Step Franchise-Buying Process that will bring Clarity and Direction to your franchise search. Gain Confidence, knowing that you are partnering with professionals.
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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.