Monday, April 6, 2009

Ways To Fund A Franchise Business

Found this informative article from Entrepreneur.com that talks about some unconventional ways to finance or fund the purchase of a franchise business during this current challenging credit crisis.

Some of the alternative financing options discussed included:

  • Seeking direct financing from the franchise company.
  • Third party lenders
  • Angel investor programs
  • Assessing retirement funds

If you are seeking to purchase an existing or established franchise you may also want to inquire if the seller is willing to finance a portion of the sale by taking back a secured promissory note

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